Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited

TNP
Tsakos Energy Navigation LimitedUS flagNew York Stock Exchange
18.28
USD
+0.13
- -
539.36MMarket Cap
2011 Y
2012 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
42.84
36.96
36.89
31.66
34.24
28.37
31.23
30.41
33.66
34.32
27.79
30.76
30.15
28.13
Basic EPS, GAAP
-9.7
-4.62
-3.63
1.59
8.43
2.35
-0.95
-7.63
-1.58
-0.8
-9.53
6.06
9.04
4.93
Free Cash Flow per Basic Share
-6.89
-2.2
-2.48
-9.31
0.98
-23.89
-7.23
3.25
4.63
0.92
-0.41
-1.6
3.28
12.04
Dividend per Share
3
2.5
0.92
1.35
1.95
2.38
2.35
2.55
2.78
2.49
1.85
1.56
2.1
- -
Book Value per Share
65.11
50.17
43.08
33.01
38.15
39.47
37.5
28.04
25.86
23.16
14.03
16.54
23.7
- -
Tangible Book Value per Share
99.65
86.94
87.63
74.19
82.01
83.04
88.3
85.45
81.89
72.74
64.95
53.91
55.62
56.99
Basic Weighted Avg Shares
9
11
11
16
17
17
17
17
18
19
20
28
30
30
Sales/Revenue/Turnover
395
394
418
501
588
482
529
530
597
644
546
860
890
830
Operating Margin (%)
-0.71
4.26
7.93
15.18
31.65
18.64
14.41
7.21
18.99
20.48
-5.07
29.85
37.85
33.59
Depreciation Expense
101
94
95
98
100
107
132
137
129
127
127
122
123
- -
Net Income, GAAP
-89
-49
-37
34
158
56
8
-99
15
24
-151
204
300
178
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-22.65
-12.5
-8.95
6.69
26.92
11.58
1.44
-18.72
2.53
3.73
-27.72
23.74
33.74
21.41
Working Capital
8
-35
4
-37
52
-35
-35
63
43
-61
-92
143
186
344
LT Debt
1,319
1,256
1,254
1,190
1,074
1,466
1,526
1,435
1,313
1,314
1,262
1,416
1,388
1,660
Total Equity
919
927
998
1,178
1,415
1,417
1,508
1,507
1,472
1,382
1,292
1,523
1,653
1,681
Return on Invested Capital (%)
- -
- -
- -
3.06
6.88
3
2.37
- -
3.7
4.41
- -
8.63
10.45
8.49
Return on Capital (%)
- -
- -
- -
3.35
9.28
4.1
2.8
- -
4.09
3.43
- -
12.76
17.52
17.29
Return on Common Equity (%)
-13.58
-8.68
-8.04
4.96
24.6
6.02
-2.48
-23.66
-5.91
-3.37
-52.69
45.91
45.92
- -

Capital Structure

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
ST Debt
- -
214
- -
LT Borrowings
1,560
1,371
1,660
LT Finance Leases
- -
17
- -
Preferred Equity and Hybrid Capital
- -
11
- -
Shares Outstanding
30
30
30
Market Capitalization
602
656
749

Working Capital

FRC

in mil. unless spec.
Sep'23
Dec'23
Mar'24
Total Current Assets
394
509
344
Cash, Cash Equivalents & STI
394
372
344
Accounts Receivable, Net
- -
47
- -
Inventories
- -
23
- -
Total Current Liabilities
- -
323
- -
Payables & Accruals
- -
77
- -
ST Debt
- -
214
- -
Deferred Revenue
- -
32
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.61%
2.29%
8.52%
Free Cash Flow
-244.97%
-8.99%
-316.09%
Net Income, GAAP
-234.72%
-195.05%
46.98%
Sales/Revenue/Turnover
9.53%
13.26%
3.39%
Total Cash Common Dividend
177.03%
333.84%
216.25%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
150
217
224
270
860
2023
261
221
187
220
890
2024
202
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
-0.12
1.32
1.49
- -
6.06
2023
5.69
1.65
0.83
- -
9.04
2024
1.6
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
1.56
2023
- -
- -
- -
- -
2.1
2024
- -
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Nikolas P. Tsakos
Sector
Energy
Industry
Oil & Gas Midstream
Address
367 Syngrou Avenue Athens Greece 175 64
IPO Date
Mar 5, 2002
Website
tenn.gr
Business
Tsakos Energy Navigation Limited (TEN Ltd.), founded in 1993 and headquartered in Athens, Greece, provides international seaborne transportation services for crude oil, petroleum products and liquefied natural gas to major national, independent and other oil companies as well as refiners under long-, medium- and short-term charters worldwide; the company operates a diversified double-hull fleet of approximately 69 owned and chartered-in vessels with total deadweight capacity of over 10.8 million tons, including very large crude carriers (VLCCs) such as Dias I and Hercules I; Suezmax tankers including Popi Sazaklis, Artemis Voyager and ice-class vessels like Arctic; Aframax crude oil tankers including LNG-powered dual-fuel models such as Njord DF, Ran DF and ice-class units like Stavanger TS; Aframax long-range (LR1/LR2) product tankers such as Promitheas and DF Montmartre; Panamax tankers like Sunrise and Handysize product tankers such as Byzantion; shuttle tankers with dynamic positioning (DP2) including Porto and newbuilds like Athens 04; and LNG carriers including Tenergy and Maria Energy. TEN Ltd. focuses on eco-friendly and dual-fuel technologies across its fleet, including scrubber-fitted, LNG-powered and tri-fuel designs, while participating in commercial pools like the Cargill-Maersk pool for optimized utilization. In recent developments, the company ordered two VLCCs from Hanwha Ocean in South Korea and sold three 2007-built tankers; took delivery of the eco-scrubber Suezmax Dr. Irene Tsakos and the first two in a series of twelve DP2 shuttle tankers from Samsung Heavy Industries; completed the acquisition of the Viken fleet of five modern eco-friendly vessels and sold an Aframax tanker and LNG carrier; ordered nine DP2 shuttle tankers with 15-year charters to Transpetro-Petrobras; delivered multiple LNG-powered Aframax tankers and advanced its dual-fuel renewal program; changed its NYSE ticker to TEN; and continues active fleet renewal with over twenty newbuildings under construction including additional DP2 shuttles, tankers and VLCCs scheduled through 2028, alongside ongoing vessel sales generating significant capital gains.

Company News

APIChatGPT
  • Tsakos Energy Navigation: Getting Cautious On The Preferred Stock

  • Tsakos Energy Navigation: Current Market Tides May Be Favorable For Tankers

  • Tsakos Energy Navigation: It's Still Smoothly Navigating Volatile Market Tides

  • Tsakos Energy Navigation: You Don't Have To Choose Between Common And Preferred

  • Tsakos Energy Navigation: Offers Deep Value With Associated Risks

  • Tsakos Energy Navigation: Upside Remains

  • Tsakos Energy Navigation: Strategic Fleet Management And Robust Liquidity For Better Positioning

  • Tsakos Energy Navigation: New Opportunities Amid Potential Detours

  • Tsakos Energy: An Ideal Mix Of High-Yielding Common Shares And Preferred Shares

  • Tsakos Energy Navigation: Reiterating My Strong Buy Rating After Earnings

  • Tsakos Energy Navigation: Too Cheap To Ignore

  • The 9.0%-Yielding Preferred Stock Of Tsakos Energy Navigation Is Highly Attractive Under Current Conditions

  • Tsakos Energy Navigation: Time To Switch From Preferreds To Common Shares

  • Tsakos Energy Navigation: Stable Operations And High Liquidity Yet Undervalued

  • Tsakos Energy Navigation: A Compelling Purchase At Today's Price

  • Tsakos Energy Navigation: Fleet Renewal And Sound Financials, Rating Upgrade

  • The High-Yield Preferred Stock Of Tsakos Energy Navigation Remains Attractive

  • Tsakos Energy Navigation: The 7% YTC On Preferred Stock Remains Attractive

  • 8.8%-Yielding Preferreds Of Tsakos Energy Navigation Remains Safe, Despite Earnings Decline

  • TEN Ltd. NYSE Ticker Change to “TEN” Effective Today