Tsakos Energy Navigation Ltd. (TNP)

NYSE: TNP · IEX Real-Time Price · USD
11.53
-0.39 (-3.27%)
May 17, 2022 4:00 PM EDT - Market closed
Market Cap324.80M
Revenue (ttm)546.12M
Net Income (ttm)-187.18M
Shares Out28.17M
EPS (ttm)-9.53
PE Ration/a
Forward PE4.01
Dividend$0.10 (0.87%)
Ex-Dividend Daten/a
Volume159,937
Open12.19
Previous Close11.92
Day's Range11.26 - 12.19
52-Week Range6.75 - 13.90
Beta0.11
AnalystsBuy
Price Target15.47 (+34.2%)
Earnings DateJul 5, 2022

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. As of April 21, 2022, it operated a fleet of 66 double-hull vessels, comprising of 60 conventional tankers, three LNG carriers, and three suezmax DP2 shuttle tankers. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limit...

IndustryOil, Gas & Consumable Fuels
Founded1993
CEONikolas Tsakos
Employees1,500
Stock ExchangeNYSE
Ticker SymbolTNP
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for TNP stock is "Buy." The 12-month stock price forecast is 15.47, which is an increase of 34.17% from the latest price.

Price Target
$15.47
(34.17% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

1 week ago - FreightWaves

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

ATHENS, Greece, May 09, 2022 (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 d...

1 week ago - GlobeNewsWire

TEN Ltd. Announces The Filing Of Form 20-F With The SEC

ATHENS, Greece, April 29, 2022 (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, 2021, has been filed wi...

2 weeks ago - GlobeNewsWire

Tsakos Energy Navigation Clocks 6% Revenue Growth In Q4

Tsakos Energy Navigation Ltd. (NYSE: TNP) reported a fourth-quarter Voyage revenue increase of 5.7% Y/Y to $139.13 million, beating the consensus of $100.38 million.

1 month ago - Benzinga

TEN Ltd. Reports Results for Fourth Quarter and Year-End 2021 and Declares Dividend of $0.10 Per Common Share

$1.0 billion in minimum contracted charter earnings

1 month ago - GlobeNewsWire

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

ATHENS, Greece, April 06, 2022 (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...

1 month ago - GlobeNewsWire

TEN, Ltd. Announces Date of Fourth Quarter and Year End 2021 Financial Results, Conference Call and Webcast

ATHENS, Greece, March 31, 2022 (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 repor...

1 month ago - GlobeNewsWire

TEN Ltd. Announces 24-Month Charter for Two Panamax Tankers

Minimum Revenues at about $25 million Minimum Revenues at about $25 million

2 months ago - GlobeNewsWire

Tsakos (TNP) Surges 13.7%: Is This an Indication of Further Gains?

Tsakos (TNP) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the ...

2 months ago - Zacks Investment Research

TEN Ltd. Announces Delivery and Long-Term Charter of LNG Carrier TENERGY

Minimum Revenues of about $100 million Minimum Revenues of about $100 million

3 months ago - GlobeNewsWire

Tsakos Energy Navigation Registers 7.9% Voyage Revenue Decline In Q3

Tsakos Energy Navigation Ltd (NYSE: TNP) reported a third-quarter Voyage revenue decline of 7.9% Y/Y to $131.56 million, beating the consensus of $84.34 million. EPS loss widened to $(1.72) from $(0.55)...

5 months ago - Benzinga

Tsakos Energy Navigation: Q3 Earnings Insights

Tsakos Energy Navigation (NYSE:TNP) reported its Q3 earnings results on Thursday, December 16, 2021 at 08:00 AM. Here's what investors need to know about the announcement.

5 months ago - Benzinga

TEN Ltd Reports Results for the Third Quarter and Nine Months Ended September 30, 2021

Positive cash-flow despite weak freight market and increased dry-dockings

5 months ago - GlobeNewsWire

Earnings Preview: Tsakos Energy Navigation

Tsakos Energy Navigation (NYSE:TNP) is set to give its latest quarterly earnings report on Thursday, 2021-12-16. Here's what investors need to know before the announcement.

5 months ago - Benzinga

TEN, Ltd. Announces Date of Third Quarter 2021 Financial Results, Conference Call and Webcast

ATHENS, Greece, Dec. 09, 2021 (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 report...

5 months ago - GlobeNewsWire

TEN Ltd Announces Long-term Charter Extensions for Aframax Tankers

$500 million in new minimum secured contracts $500 million in new minimum secured contracts

5 months ago - GlobeNewsWire

TEN, Ltd Announces Long-Term Charters With Profit Sharing Provisions for Two VLCC Tankers

Recent Charter Activity Signals Market Recovery Recent Charter Activity Signals Market Recovery

6 months ago - GlobeNewsWire

Tsakos Energy Navigation: Q2 Earnings Insights

Tsakos Energy Navigation(NYSE:TNP) stock fell by 2.88% on Friday after the company reported its Q2 earnings results on Thursday, October 7, 2021 at 08:00 AM. Here's what investors need to know about the...

7 months ago - Benzinga

Dr. Nikolas P. Tsakos Inducted into the International Maritime Hall of Fame in New York

ATHENS, Greece, Oct. 08, 2021 (GLOBE NEWSWIRE) -- Dr. Nikolas P. Tsakos, Founder, President & CEO of Tsakos Energy Navigation has been inducted into the highly prestigious International Maritime Hall of...

7 months ago - GlobeNewsWire

TEN Ltd Reports Results for the Second Quarter and Six Months Ended June 30, 2021

Initiation of dual-fuel newbuilding program for up to six tankers chartered to a major oil concern

7 months ago - GlobeNewsWire

Tsakos (TNP) Moves 8.5% Higher: Will This Strength Last?

Tsakos (TNP) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

7 months ago - Zacks Investment Research

TEN, Ltd. Announces Date of Second Quarter 2021 Financial Results, Conference Call and Webcast

ATHENS, Greece, Oct. 04, 2021 (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 report...

7 months ago - GlobeNewsWire

Analysts Estimate Tsakos Energy (TNP) to Report a Decline in Earnings: What to Look Out for

Tsakos (TNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

8 months ago - Zacks Investment Research

TEN, Ltd. Holds its Twenty-Eight Annual General Meeting

ATHENS, Greece, June 30, 2021 (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 Meet...

10 months ago - GlobeNewsWire

TEN Ltd Reports Results For the First Quarter 2021 and Dividend Declaration

$140 million in revenues and positive operating income in a challenging market

10 months ago - GlobeNewsWire