Tsakos Energy Navigation Limited (TNP)

NYSE: TNP · IEX Real-Time Price · USD
23.69
-0.03 (-0.11%)
Feb 28, 2024, 2:07 PM EST - Market open
-0.11%
Market Cap 710.20M
Revenue (ttm) 860.40M
Net Income (ttm) 168.26M
Shares Out 29.51M
EPS (ttm) 6.01
PE Ratio 2.11
Forward PE 5.04
Dividend $0.99 (4.20%)
Ex-Dividend Date Dec 13, 2023
Volume 115,112
Open 23.60
Previous Close 23.71
Day's Range 23.60 - 24.02
52-Week Range 15.50 - 25.36
Beta -0.14
Analysts Strong Buy
Price Target 28.00 (+18.22%)
Earnings Date Mar 14, 2024

About TNP

Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, comprising of conventional tankers, LNG carriers, and suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navi... [Read more]

Sector Energy
Founded 1993
Country Greece
Stock Exchange NYSE
Ticker Symbol TNP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for TNP stock is "Strong Buy" and the 12-month stock price forecast is $28.0.

Price Target
$28.0
(18.22% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

ATHENS, Greece, Feb. 07, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

20 days ago - GlobeNewsWire

TEN Ltd. Announces the Acquisition of a Fleet of Five Modern Environmentally-Friendly Vessels

Vessels chartered to a major energy company Three vessels to be delivered with Special-Survey passed LNG-powered tankers in TEN's fleet increase to six 11 eco-friendly vessels to join the fleet ATHENS...

4 weeks ago - GlobeNewsWire

TEN Ltd. Announces the Sale of a 2005-Built Suezmax Tanker and Completion of the First Phase of Its Dual-Fuel Renewal Program

Green initiative newbuilding program on track Red Sea tensions further boosts tanker rates ATHENS, Greece, Jan. 22, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TNP) (the “Company”) announces the sa...

5 weeks ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, Jan. 09, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

7 weeks ago - GlobeNewsWire

Dr. Nikolas Tsakos, Founder & CEO of Ten Ltd. Interview Today Live at NYSE – Schwab Network

NEW YORK, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Ltd. (NYSE: TNP) announced today that the Founder and CEO, Dr. Nikolas Tsakos, will be interviewed on the Watch List with Nicole Pe...

2 months ago - GlobeNewsWire

TEN Ltd. Lloyd's List Tanker Company of the Year for 2023

ATHENS, Greece, Dec. 08, 2023 (GLOBE NEWSWIRE) -- Dr. Nikolaos P. Tsakos, Founder & CEO of Tsakos Energy Navigation received the Tanker of the Year award at the 20th Lloyd's List Greek Shipping event ...

2 months ago - GlobeNewsWire

Ten Ltd. Reports Results For the Nine Months and Third Quarter Ended September 30, 2023 and Declares Dividend Date

160% increase in nine-months net income to $272 million equating to $8.19 per share $1.00 per share common stock dividend distributed in 2023 – In excess of $800 million in preferred and common stock ...

3 months ago - GlobeNewsWire

TEN, Ltd. Announces Date of Third Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, Nov. 07, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE: TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will rep...

4 months ago - GlobeNewsWire

TEN Ltd. Celebrates 30 Years Since Inception

ATHENS, Greece, Oct. 12, 2023 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), celebrated its 30th year as a publicly listed company. TEN was listed on the Oslo Stock Exchange in 1993...

4 months ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, Oct. 05, 2023 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

5 months ago - GlobeNewsWire

Ten Ltd. Reports Profits for the Second Quarter and Six Months Ended June 30, 2023 and Declares Total Annual Dividend of $1.00 Per Common Share for 2023

Over 350% increase in first half 2023 net income to $237 million $138 million in common stock dividend and preferred redemption so far in 2023 Long-term market fundamentals remain strong New charters ...

6 months ago - GlobeNewsWire

TEN, Ltd. Announces Date of Second Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, Aug. 29, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE: TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will rep...

6 months ago - GlobeNewsWire

TEN, Ltd. Holds its Thirtieth Annual General Meeting

ATHENS, Greece, June 21, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading crude, product, and LNG tanker operator, announced today that the Company's General Annual Me...

8 months ago - GlobeNewsWire

TEN, Ltd. Celebrates 30-Years as a Public Company and Reports Record Profits for the First Quarter 2023 and Preferred Shares Redemption

$177 million Q1 Net Income - $2.5 billion of Net Income since inception Fivefold increase in EBITDA from Q1 2022 Strong cash reserves support at par redemption of Series D perpetual Preferred Shares 1...

9 months ago - GlobeNewsWire

TEN Ltd. to Redeem all of its 8.75% Series D Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, May 30, 2023 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Ltd. (“TEN” or the “Company”) (NYSE: TNP), a leading diversified crude, product and LNG tanker operator, today announced that ...

9 months ago - GlobeNewsWire

TEN, Ltd. Announces Date of First Quarter 2023 Results, Conference Call and Webcast

ATHENS, Greece, May 16, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE: TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will repo...

10 months ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares

ATHENS, Greece, May 08, 2023 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors...

10 months ago - GlobeNewsWire

TEN Ltd. Announces the Filing of Form 20-F With the SEC

ATHENS, Greece, April 12, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2022, has been filed ...

11 months ago - GlobeNewsWire

TEN Ltd. Reports Record Profits for Fourth Quarter and Year-End 2022 and Declares Annual Dividend of $0.60 Per Common Share

Year revenues at $860 million and record profits of $204.2 million (EPS at $6.02 for 2022)

1 year ago - GlobeNewsWire

Oil Tankers In Buy Range After Breaking Out Of Bases

When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the yea...

Other symbols: FROINSWNATTNKTRMD
1 year ago - MarketBeat

TEN, Ltd. Announces Date of Fourth Quarter and Year end 2022 Financial Results, Conference Call and Webcast

ATHENS, Greece, March 06, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE: TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will re...

1 year ago - GlobeNewsWire

TEN Ltd. Declares Dividend on its Series D and Series E Cumulative Perpetual Preferred Shares

ATHENS, Greece, Feb. 07, 2023 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Director...

1 year ago - GlobeNewsWire

TEN, Ltd. to Participate at Capital Link's Corporate Presentation Series

ATHENS, Greece, Jan. 10, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that it will participate i...

1 year ago - GlobeNewsWire

TEN Ltd. Announces the Release of its Inaugural Environmental, Social and Governance Report

ATHENS, Greece, Dec. 19, 2022 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE:TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, is pleased to announce the release of its i...

1 year ago - GlobeNewsWire

TEN Ltd Reports Strong Results for the Third Quarter and Nine Months Ended September 30, 2022

600% increase in nine-month operating income

1 year ago - GlobeNewsWire