Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited

TEN
Tsakos Energy Navigation LimitedUS flagNew York Stock Exchange
40.21
USD
+1.35
- -
1.21BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
36.89
31.66
34.24
28.37
31.23
30.41
33.66
34.32
27.79
30.76
30.15
27.25
26.86
28.66
Basic EPS, GAAP
-3.63
1.59
8.43
2.35
-0.95
-7.63
-1.58
-0.8
-9.53
6.06
9.04
5.06
4.5
6.21
Free Cash Flow per Basic Share
-2.48
-9.31
0.98
-23.89
-7.23
3.25
4.63
0.92
-0.41
-1.6
3.28
-11.6
-7.54
11.49
Dividend per Share
0.92
1.35
1.95
2.38
2.35
2.55
2.78
2.49
1.85
1.56
2.1
2.43
2.02
- -
Book Value per Share
43.08
33.01
38.15
39.47
37.5
28.04
25.86
23.16
14.03
16.54
23.7
27.26
29.92
- -
Tangible Book Value per Share
87.63
74.19
82.01
83.04
88.3
85.45
81.89
72.74
64.95
53.91
55.62
59.5
62.26
65.33
Basic Weighted Avg Shares
11
16
17
17
17
17
18
19
20
28
30
30
30
30
Sales/Revenue/Turnover
418
501
588
482
529
530
597
644
546
860
890
804
799
855
Operating Margin (%)
7.93
15.18
31.65
18.64
14.41
7.21
18.99
20.48
-5.07
29.85
37.85
28.59
30.03
34.25
Depreciation Expense
95
98
100
107
132
137
129
127
127
122
123
140
148
- -
Net Income, GAAP
-37
34
158
56
8
-99
15
24
-151
204
300
176
161
212
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-8.95
6.69
26.92
11.58
1.44
-18.72
2.53
3.73
-27.72
23.74
33.74
21.92
20.15
24.81
Working Capital
4
-37
52
-35
-35
63
43
-61
-92
143
186
43
-23
321
LT Debt
1,254
1,190
1,074
1,466
1,526
1,435
1,313
1,314
1,262
1,416
1,238
1,359
1,487
2,136
Total Equity
998
1,178
1,415
1,417
1,508
1,507
1,472
1,382
1,292
1,523
1,653
1,767
1,863
1,948
Return on Invested Capital (%)
- -
3.06
6.88
3
2.37
- -
3.7
4.41
- -
8.63
10.71
7.1
6.82
7.73
Return on Capital (%)
- -
3.35
9.28
4.1
2.8
- -
4.09
3.43
- -
12.76
18.15
12.2
9.64
15.38
Return on Common Equity (%)
-8.04
4.96
24.6
6.02
-2.48
-23.66
-5.91
-3.37
-52.69
45.91
45.92
19.85
15.81
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
301
- -
LT Borrowings
- -
1,487
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
11
- -
Shares Outstanding
30
30
30
Market Capitalization
660
666
1,177

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
264
435
321
Cash, Cash Equivalents & STI
264
329
321
Accounts Receivable, Net
- -
41
- -
Inventories
- -
13
- -
Total Current Liabilities
- -
458
- -
Payables & Accruals
- -
129
- -
ST Debt
- -
301
- -
Deferred Revenue
- -
17
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.03%
6.45%
5.42%
Free Cash Flow
-325.04%
-99.75%
-34.53%
Net Income, GAAP
-257.96%
-193.74%
-8.7%
Sales/Revenue/Turnover
4.79%
7.09%
-0.67%
Total Cash Common Dividend
165.56%
343.84%
-26.05%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
202
214
200
188
804
2025
197
193
186
222
799
2026
253
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.6
2.36
0.67
- -
5.06
2025
1.04
0.68
1.06
- -
4.5
2026
2.74
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.43
2025
- -
- -
- -
- -
2.02
2026
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Nikolas Tsakos
Full Time Employees
77
Sector
Energy
Industry
Oil & Gas Midstream
Address
367 Syngrou Avenue Athens GI Greece 175 64
IPO Date
Mar 5, 2002
Website
tenn.gr
Business
Tsakos Energy Navigation Limited (TEN) operates as an international shipping company focused on the transportation of crude oil, refined petroleum products, and liquefied natural gas. The company owns and operates a diversified fleet of modern, high-quality crude tankers, product tankers, and LNG carriers; it also engages in the chartering of these vessels on long-term, medium-term, and spot voyages to major oil companies, oil traders, and refiners worldwide. TEN provides technical management services for its vessels, including crew management, maintenance, and safety compliance, through its subsidiary Tsakos Technitrol Ltd.; additionally, it offers vessel acquisition, construction supervision, and sale services via Tsakos Marine Consultants Ltd. Founded in 1993 and headquartered in Athens, Greece, TEN serves global energy markets across key trading routes in the Atlantic Basin, Mediterranean, Middle East Gulf, West Africa, and Asia-Pacific regions, with a customer base comprising international oil majors and independent charterers. The company operates through segments including tanker operations, LNG operations, and management services, targeting spot and time charter contracts to optimize fleet utilization and revenue stability. Its fleet, managed from offices in Greece, the United States, United Kingdom, and Liberia, emphasizes eco-friendly vessels equipped with scrubbers, ballast water treatment systems, and low-emission engines to meet stringent environmental regulations. In recent developments, TEN expanded its fleet in 2024-2025 through the acquisition of two eco-designed LR1 product tankers and one suezmax tanker, bolstering its capacity in response to rising global energy demand; the company also secured a strategic long-term charter for a newbuild LNG dual-fuel suezmax tanker with an oil major, extending revenue visibility. TEN completed a significant debt refinancing in late 2024, issuing $150 million in senior unsecured notes to strengthen its balance sheet amid volatile freight rates. Furthermore, the company announced partnerships for vessel retrofits to LNG propulsion in early 2025, aligning with decarbonization goals, and reported robust Q3 2025 earnings driven by strong tanker utilization.

Company News

APIChatGPT
  • Navigating the Future of Shipping: Leadership Insights – Q2 2026

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

  • TEN Ltd. Announces Second LNG Carrier Order in Hyundai Heavy Industries

  • TEN Ltd. Declares Common Stock Dividend

  • Tsakos Energy Navigation: There Is Still Some Upside, But Investors Are Quite Cautious

  • TEN Ltd. Holds Its Thirty-Third Annual General Meeting of Shareholders

  • RYBREVANT FASPRO™ (amivantamab and hyaluronidase-lpuj) pivotal data show strong and durable responses in advanced head and neck cancer where options remain limited

  • RYBREVANT® (amivantamab-vmjw) plus LAZCLUZE® (lazertinib) demonstrates prolonged clinical benefit as a first-line treatment for atypical EGFR-mutated non-small cell lung cancer

  • IMFINZI® (durvalumab) approved in the US in first and only immunotherapy combination for patients with BCG-naïve, high-risk non-muscle-invasive bladder cancer

  • A Look at Tsakos Energy Navigation Ltd (TEN) After 5.2% Decline -- GF Value $22.21 vs Price $38.01

  • Tsakos Energy Navigation Limited (TEN) Q1 2026 Earnings Call Transcript

  • Tsakos Energy Navigation Q1 Earnings Call Highlights

  • TEN, Ltd. Reports Profits for First Quarter 2026 and Declares Second Semi-Annual Common Share Dividend of $1.00

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

  • TEN Ltd. Announces Date for the First Quarter 2026 Results, Conference Call and Webcast

  • Tsakos Energy Navigation Ltd (TEN) Shares Surge 4.2% -- What GF Score of 50 Tells Investors

  • TEN Ltd. Announces an Up to Five-Year Charter Extension of Two DP2 Shuttle Tankers

  • LNG Shipping Stocks: The Easing Of Tensions Led To A Decline

  • Tsakos Energy Navigation: Performing Well In Strong Markets

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