Tsakos Energy Navigation Limited (TNP)
| Market Cap | 746.14M |
| Revenue (ttm) | 889.57M |
| Net Income (ttm) | 266.74M |
| Shares Out | 30.18M |
| EPS (ttm) | 9.04 |
| PE Ratio | 2.16 |
| Forward PE | 5.04 |
| Dividend | $0.99 (4.02%) |
| Ex-Dividend Date | Dec 13, 2023 |
| Volume | 271,135 |
| Open | 24.44 |
| Previous Close | 24.53 |
| Day's Range | 24.20 - 24.93 |
| 52-Week Range | 15.50 - 27.20 |
| Beta | -0.15 |
| Analysts | Strong Buy |
| Price Target | 30.00 (+21.36%) |
| Earnings Date | May 28, 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]
Financial Performance
In 2023, TNP's revenue was $889.57 million, an increase of 3.39% compared to the previous year's $860.40 million. Earnings were $266.74 million, an increase of 58.53%.
Financial StatementsAnalyst Forecast
According to one analyst, the rating for TNP stock is "Strong Buy" and the 12-month stock price forecast is $30.0.
News
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, April 08, 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 Direct...
TEN Ltd. Reports Record Profits for Year-End and Fourth Quarter 2023 Results and Dividend of $0.60 per Common Share
Record annual profits in excess of $300 million – an increase of 60% - EPS of $9.93 EBITDA of $490 million 100% increase of common dividend Dynamic growth and fleet renewal with green ship initiative ...
TEN, Ltd. Announces Date of Fourth Quarter and Year End 2023 Results, Conference Call and Webcast
ATHENS, Greece, March 21, 2024 (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...
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...
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...
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...
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...
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 ...
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 ...
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...
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...
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...
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 ...
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...
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...
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...
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 ...
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...
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...
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 ...
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)
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...
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...
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...
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...