Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited

TEN-PE
Tsakos Energy Navigation LimitedUS flagNew York Stock Exchange
26.21
USD
+0.02
- -
781.52MMarket 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
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
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
- -
- -
- -

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
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

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

Company Description

APIChat
CEO
Nikolas Tsakos
Sector
Energy
Industry
Oil & Gas Midstream
Address
367 Syngrou Avenue Athens Greece 175 64
IPO Date
Mar 30, 2017
Website
tenn.gr
Business
Tsakos Energy Navigation Limited Tsakos Energy Navigation Limited (TEN) provides international seaborne transportation services for crude oil, petroleum products, and liquefied natural gas. The company operates a diversified fleet of approximately 70 to 82 vessels exceeding 7 million deadweight tons, including very large crude carriers (VLCCs), Suezmax, Aframax, Panamax, handysize, and handymax tankers; LNG carriers; and DP2 shuttle tankers, serving national oil companies, major integrated oil firms, refiners, and independent traders under long-, medium-, and short-term time charters. Headquartered in Athens, Greece, and founded in 1993, TEN maintains global operations with a focus on energy majors such as ExxonMobil, Equinor, Shell, Chevron, TotalEnergies, and BP. TEN pursues fleet modernization and expansion, having sold 14 older vessels averaging 17.3 years since early 2023 and acquired or ordered over 20 newer, eco-friendly vessels, including dual-fuel LNG Aframaxes, scrubber-fitted tankers, and shuttle tankers, with deliveries through 2028. Recent initiatives encompass a major contract with Transpetro/Petrobras for nine DP2 shuttle tankers; orders for two VLCCs from Hanwha Ocean and three eco-VLCCs for 2027 delivery; acquisition of five modern environmentally friendly vessels in early 2024; and deliveries of six green vessels in 2024-2025, bolstering a contracted revenue backlog of about $3.7 billion. The company targets a fully green fleet by 2030 while achieving high utilization rates, reaching 96.9% in the first half of 2025, amid strong Q3 2025 financial performance.