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Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited

TEN · NYSE · Energy / Oil & Gas Midstream

47.33USD+0.29 (+0.62%)

Price History

Full chart

Market Stats

Previous Close47.04
Open47.71
Day Range46.61 – 48.17
52-Week Range19.20 – 53.84
Volume280.80K
Market Cap1.40B
P/E (TTM)4.69
Forward P/E6.82
EPS9.87
Dividend Yield4.33%
Beta-0.25
50-Day Avg42.80
200-Day Avg36.32

About

Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services in Greece and internationally. The company owns and operates various vessels, including VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. It also provides marine transportation services for national, major, and other independent oil companies and refiners. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Midstream
  • CEODr. Nikolas P. Tsakos Ph.D.
  • Employees0
  • HeadquartersMegaron Makedonia, Athens, Greece, 175 64, USA
  • Websitehttps://www.tenn.gr

Leadership

  • Dr. Nikolas P. Tsakos Ph.D.Founder, CEO & Director · b. 1963
  • Mr. Michael Gordon JolliffeCo-Founder & Vice Chairman · b. 1950
  • Mr. George V. SaroglouCOO, President & Director · b. 1965
  • Mr. Theo Harrys E. KosmatosCFO, Chief Accounting Officer & Corporate Development Officer · b. 1970
  • Ms. Clio HatzimichalisGeneral Counsel & Director
  • Mr. Vasileios PapageorgiouChief Marine Officer · b. 1947

Financials

Income Statement

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue6.65B7.32B7.61B3.28B3.55B3.36B3.46B3.77B4.21B4.44B4.68B6.18B5.92B444.93M5.94B7.21B7.36B7.96B8.42B8.21B481.79M529.18M529.88M597.45M644.13M546.12M860.40M889.57M804.06M798.69M
Growth (%)-+10.08%+3.92%-56.88%+8.23%-5.21%+2.82%+8.88%+11.87%+5.41%+5.49%+32.00%-4.33%-92.48%+1234.38%+21.36%+2.19%+8.16%+5.73%-2.51%-94.13%+9.84%+0.13%+12.75%+7.81%-15.22%+57.55%+3.39%-9.61%-0.67%
Cost of Revenue4.76B5.21B5.34B2.43B2.77B2.70B2.73B2.99B3.37B3.58B3.84B5.21B5.06B221.81M4.90B6.04B6.17B6.73B7.03B6.84B366.37M426.60M464.66M456.48M483.17M544.66M573.75M519.56M528.79M515.85M
Gross Profit1.89B2.11B2.26B852.00M783.00M665.00M724.00M772.00M842.00M858.00M847.00M974.00M853.00M223.12M1.04B1.17B1.19B1.23B1.40B1.36B115.42M102.58M65.22M140.97M160.96M1.46M286.65M370.01M275.27M282.84M
Gross Margin28.37%28.86%29.73%25.98%22.06%19.77%20.93%20.50%19.99%19.32%18.08%15.75%14.42%50.15%17.47%16.21%16.20%15.44%16.57%16.62%23.96%19.39%12.31%23.60%24.99%0.27%33.32%41.59%34.23%35.41%
Operating Expense1.26B1.35B1.62B717.00M668.00M573.00M562.00M594.00M670.00M645.00M649.00M718.00M741.00M150.71M750.00M768.00M758.00M802.00M896.00M840.00M25.61M26.32M27.03M27.70M64.27M121.31M30.29M-21.49M-3.29M42.08M
Operating Income628.00M764.00M641.00M135.00M115.00M92.00M162.00M178.00M172.00M213.00M198.00M256.00M112.00M72.41M287.00M400.00M435.00M428.00M499.00M524.00M89.81M76.26M38.18M113.28M96.69M-119.86M256.35M391.50M278.56M240.76M
Operating Margin9.45%10.44%8.43%4.12%3.24%2.73%4.68%4.73%4.08%4.80%4.23%4.14%1.89%16.27%4.83%5.55%5.91%5.37%5.93%6.38%18.64%14.41%7.21%18.96%15.01%-21.95%29.79%44.01%34.64%30.14%
EBITDA628.00M764.00M641.00M38.49M51.50M59.19M153.17M184.00M180.84M190.46M302.81M331.32M366.49M211.98M164.46M560.00M604.00M590.00M174.14M285.73M197.57M215.28M184.98M227.46M218.00M99.15M371.39M555.78M434.74M410.81M
EBITDA Margin9.45%10.44%8.43%1.17%1.45%1.76%4.43%4.89%4.29%4.29%6.46%5.36%6.19%47.64%2.77%7.77%8.20%7.41%2.07%3.48%41.01%40.68%34.91%38.07%33.84%18.15%43.16%62.48%54.07%51.44%
Net Income410.00M315.00M255.00M-423.00M-42.00M-130.00M-187.00M27.00M13.00M58.00M51.00M-5.00M-415.00M28.68M39.00M157.00M275.00M183.00M226.00M247.00M55.78M7.61M-99.20M15.13M24.00M-151.40M204.23M300.18M176.23M160.90M
Net Income Margin6.17%4.30%3.35%-12.90%-1.18%-3.86%-5.41%0.72%0.31%1.31%1.09%-0.08%-7.01%6.45%0.66%2.18%3.73%2.30%2.68%3.01%11.58%1.44%-18.72%2.53%3.73%-27.72%23.74%33.74%21.92%20.15%
R&D92.00M68.00M66.00M52.00M58.00M48.00M67.00M67.00M76.00M83.00M88.00M114.00M127.00M-117.00M133.00M126.00M144.00M169.00M146.00M-158.00M204.00M324.00M273.00M285.00M----
R&D as % of Total Revenue1.38%0.93%0.87%1.59%1.63%1.43%1.94%1.78%1.80%1.87%1.88%1.84%2.15%-1.97%1.85%1.71%1.81%2.01%1.78%-29.86%38.50%54.23%42.38%52.19%----
Interest Expense----0011.38M12.37M10.13M11.25M196.00M77.38M82.90M45.88M149.00M108.00M105.00M35.00M30.49M28.50M37.44M66.21M76.34M74.02M53.67M41.82M59.92M106.45M113.30M97.50M
Interest Expense % of Total Revenue----0.00%0.00%0.33%0.33%0.24%0.25%4.18%1.25%1.40%10.31%2.51%1.50%1.43%0.44%0.36%0.35%7.77%12.51%14.41%12.39%8.33%7.66%6.96%11.97%14.09%12.21%

Balance Sheet

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets7.59B8.33B8.79B2.94B2.89B2.68B2.50B2.79B938.97M1.09B1.97B2.36B2.60B2.55B2.70B2.54B2.45B2.48B2.70B2.90B3.28B3.37B3.21B3.15B3.11B2.89B3.31B3.36B3.71B3.95B
Total Liabilities4.64B5.38B5.87B2.50B2.54B2.59B2.58B2.71B419.45M481.99M1.21B1.50B1.69B1.64B1.68B1.62B1.52B1.49B1.52B1.49B1.86B1.87B1.70B1.68B1.73B1.60B1.79B1.71B1.94B2.09B
Total Equity2.65B2.53B2.50B422.00M330.00M74.00M-94.00M58.00M519.52M607.19M755.27M854.54M910.66M914.33M1.02B917.06M924.53M986.47M1.17B1.40B1.42B1.49B1.49B1.45B1.35B1.24B1.52B1.62B1.73B1.82B
Cash62.00M41.00M36.00M84.00M35.00M53.00M54.00M145.00M118.38M146.04M178.91M188.34M319.75M296.18M282.93M181.69M160.49M171.76M214.44M305.01M187.78M202.67M220.53M197.77M171.77M127.20M304.37M376.69M348.31M303.13M
Total Debt2.30B2.91B3.43B1.63B1.53B1.51B1.45B1.43B365.16M433.52M1.13B1.39B1.51B1.50B1.56B1.52B1.44B1.38B1.42B1.40B1.75B1.75B1.60B1.56B1.57B1.46B1.83B1.60B1.76B1.93B
Net Debt2.24B2.87B3.40B1.55B1.49B1.46B1.39B1.28B246.79M287.48M954.75M1.20B1.19B1.21B1.28B1.33B1.28B1.21B1.20B1.10B1.57B1.55B1.38B1.36B1.40B1.33B1.36B1.23B1.42B1.63B

Cash Flow

Currency: USD1996-12-311997-12-311998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow253.00M519.00M532.00M-254.00M234.00M141.00M188.00M281.00M200.00M134.00M199.00M165.00M160.00M117.16M244.00M245.00M365.00M503.00M341.00M517.00M170.35M167.65M69.64M184.35M205.42M53.11M288.53M395.28M307.68M295.79M
Investing Cash Flow-693.00M-897.00M-759.00M-1.19B-157.00M-126.00M-107.00M-127.00M-116.00M-167.00M-172.00M-202.00M-261.00M--157.00M-224.00M-273.00M-266.00M-339.00M-303.00M-576.08M-241.80M-179.00K-102.20M-94.61M-8.00M-301.81M-137.44M-441.61M-458.12M
Financing Cash Flow147.00M354.00M216.00M1.50B-123.00M3.00M-73.00M-49.00M-12.00M-36.00M16.00M-17.00M58.00M-57.58M-30.00M-26.00M-89.00M-175.00M20.00M-172.00M303.82M76.13M-51.61M-104.90M-136.80M-89.68M195.53M-190.58M105.54M112.14M
Capital Expenditure930.00M558.00M592.00M1.45B146.00M127.00M138.00M130.00M130.00M158.00M190.00M212.00M248.00M126.03M163.00M228.00M276.00M269.00M344.00M309.00M576.08M293.35M17.32M102.20M188.24M61.23M333.37M298.38M650.02M521.74M
Free Cash Flow-677.00M-39.00M-60.00M-1.71B88.00M14.00M50.00M151.00M70.00M-24.00M9.00M-47.00M-88.00M-8.87M81.00M17.00M89.00M234.00M-3.00M208.00M-405.72M-125.70M52.33M82.14M17.18M-8.12M-44.84M96.89M-342.34M-225.95M
Dividends Paid313.00M204.00M203.00M151.00M7.00M-8.54M12.02M22.75M38.49M44.78M59.96M67.23M42.45M22.85M27.67M18.00M27.00M22.00M213.00M40.36M39.87M44.44M49.31M46.71M36.31M43.71M61.86M71.82M60.14M
FCF to OCF-267.59%-7.51%-11.28%672.44%37.61%9.93%26.60%53.74%35.00%-17.91%4.52%-28.48%-55.00%-7.57%33.20%6.94%24.38%46.52%-0.88%40.23%-238.16%-74.98%75.14%44.56%8.36%-15.28%-15.54%24.51%-111.26%-76.39%
Dividend Paid to FCF-46.23%-523.08%-338.33%-8.84%7.95%-17.08%7.96%32.50%-160.36%497.53%-127.57%-76.39%-478.52%28.21%162.76%20.22%11.54%-733.33%102.40%-9.95%-31.72%84.93%60.03%271.94%-447.38%-97.48%63.84%-20.98%-26.62%

Earnings

Report DateAug 8, 2002Feb 27, 2003May 8, 2003Jul 31, 2003Nov 7, 2003Feb 26, 2004May 10, 2004Aug 4, 2004Nov 4, 2004Feb 24, 2005May 5, 2005Aug 4, 2005Nov 4, 2005Mar 2, 2006May 19, 2006Aug 4, 2006Nov 8, 2006Mar 12, 2007May 22, 2007Aug 3, 2007Nov 5, 2007Mar 18, 2008May 21, 2008Aug 1, 2008Nov 10, 2008Mar 19, 2009May 18, 2009Aug 5, 2009Nov 6, 2009Mar 17, 2010May 18, 2010Aug 5, 2010Nov 23, 2010Mar 14, 2011May 11, 2011Jul 28, 2011Nov 18, 2011Mar 16, 2012May 25, 2012Aug 3, 2012Nov 21, 2012May 24, 2013Aug 2, 2013Nov 22, 2013Mar 17, 2014May 16, 2014Aug 4, 2014Nov 21, 2014Mar 19, 2015May 22, 2015Jul 31, 2015Nov 6, 2015Mar 15, 2016May 31, 2016Sep 9, 2016Nov 29, 2016Mar 17, 2017May 12, 2017Sep 15, 2017Nov 30, 2017Mar 12, 2018Jun 15, 2018Sep 7, 2018Nov 30, 2018Mar 29, 2019Jun 6, 2019Sep 6, 2019Nov 26, 2019Mar 24, 2020Jun 11, 2020Sep 23, 2020Nov 23, 2020Mar 24, 2021Jun 29, 2021Sep 29, 2021Oct 7, 2021Mar 21, 2022Jun 30, 2022Sep 14, 2022Nov 22, 2022Mar 16, 2023May 30, 2023Sep 7, 2023Nov 21, 2023Mar 27, 2024Jun 20, 2024Sep 11, 2024Nov 26, 2024Mar 27, 2025Jun 17, 2025Sep 10, 2025Nov 20, 2025Mar 6, 2026May 21, 2026Sep 10, 2026Nov 19, 2026
EPS Estimate0.700.852.502.201.301.944.282.562.835.284.152.922.255.095.463.434.233.763.854.662.332.594.346.975.193.813.131.68-0.01-0.191.060.53-0.64-0.900.21-1.02-2.35-2.07-1.19-0.79-0.94-0.38-0.19-0.28-0.440.56-0.300.190.721.942.101.842.051.310.730.230.320.570.17-0.45-0.20-0.78-0.95-1.07-0.02-0.27-0.65-0.621.832.032.11-0.32-0.88-0.83-1.25-0.92-0.61-0.211.532.193.102.791.600.831.721.741.240.660.400.400.610.651.072.022.401.90
EPS Actual0.830.932.652.701.182.084.832.883.155.154.302.782.455.235.484.334.103.554.884.902.382.803.909.105.403.703.302.550.300.300.700.34-0.650.050.35-1.90-2.60-6.15-0.95-0.50-0.900.10-0.20-0.20-0.650.95-0.100.200.702.102.252.102.051.250.75-0.100.500.80-0.15-0.60-0.23-1.05-0.90-1.40-4.200.05-0.70-1.101.712.062.60-0.42-1.08-0.80-1.49-0.74-1.11-0.121.311.493.172.941.650.831.741.052.360.670.420.920.670.751.702.723.14-
Surprise18.57%9.41%6.00%22.73%-9.23%7.22%12.85%12.50%11.31%-2.46%3.61%-4.79%8.89%2.75%0.37%26.24%-3.07%-5.59%26.75%5.15%2.15%8.11%-10.14%30.56%4.05%-2.89%5.43%51.79%3100.00%257.89%-33.96%-35.85%-1.56%105.56%66.67%-86.27%-10.64%-197.10%20.17%36.71%4.26%126.32%-5.26%28.57%-47.73%69.64%66.67%5.26%-2.78%8.25%7.14%14.13%0.00%-4.58%2.74%-143.48%56.25%40.35%-188.24%-33.33%-15.00%-34.62%5.26%-30.84%-20900.00%118.52%-7.69%-77.42%-6.56%1.48%23.22%-31.25%-22.73%3.61%-19.20%19.57%-81.97%42.86%-14.38%-31.96%2.26%5.38%3.13%0.00%1.16%-39.66%90.32%1.52%5.00%130.00%9.84%16.50%58.88%34.65%30.83%-
TimingPre-marketPre-market-Pre-marketPre-market-After-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-market-Pre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-market--Pre-marketPre-marketPre-market

Key Statistics & Ratios

Market Cap1.40B
Enterprise Value2.86B
Trailing P/E4.69
Forward P/E6.82
PEG Ratio2.53
Price / Sales1.45
Price / Book0.73
EPS9.87
Book Value68.55
Revenue (TTM)959.70M
Gross Profit (TTM)590.94M
EBITDA518.10M
Profit Margin33.81%
Operating Margin41.84%
Return on Equity17.22%
Return on Assets5.61%
Shares Outstanding30.13M
Shares Float21.54M
Beta-0.25
Dividend Yield4.33%
Dividend Rate2.00
Payout Ratio24.06%

Analyst Ratings

Strong Buy
Based on 2 analystsTarget 46.00
  • Strong Buy
    2

Ownership Breakdown

Institutions
34.03%
Insiders
28.07%
Retail / Other
37.90%

Top Institutional Holders

  • Arrowstreet Capital Limited Partnership
    813.85K2.70%
  • CastleKnight Management LP
    799.39K2.65%
  • Two Sigma Investments LLC
    694.42K2.30%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    661.58K2.20%
  • Acadian Asset Management LLC
    620.20K2.06%
  • Renaissance Technologies Corp
    466.23K1.55%
  • Morgan Stanley - Brokerage Accounts
    439.78K1.46%
  • Cooper Creek Partners Management LLC
    397.56K1.32%
  • Main Street Financial Solutions, LLC (PA)
    397.24K1.32%
  • The Goldman Sachs Group Inc
    383.89K1.27%
  • Jane Street Group LLC
    379.14K1.26%
  • Foundation Resource Management Inc
    336.44K1.12%
  • Walleye Trading Advisors, LLC
    286.31K0.95%
  • Tudor Investment Corp Et AL
    256.29K0.85%
  • D. E. Shaw & Co LP
    203.06K0.67%
  • Condire Management LP
    190.98K0.63%
  • Group One Trading, LLC
    129.79K0.43%
  • VOLORIDGE INVESTMENT MANAGEMENT, LLC
    121.61K0.40%
  • Millennium Management LLC
    119.82K0.40%

Top Fund Holders

  • Global X SuperDividend™ US ETF
    545.11K1.81%

Dividends

20262×
1.00Jul 23, 20260.50Feb 11, 2026
20252×
0.50Dec 15, 20250.60Jul 14, 2025
20242×
0.90Dec 16, 20240.60Jul 12, 2024
20233×
0.30Dec 13, 20230.40Oct 19, 20230.30Jun 8, 2023
20222×
0.15Dec 13, 20220.10Jul 13, 2022
20211×
0.10Jul 13, 2021
20202×
0.13Dec 15, 20200.38Jun 19, 2020
20193×
0.25Dec 11, 20190.25May 23, 20190.25Mar 4, 2019
20183×
0.25Nov 29, 20180.25Aug 1, 20180.25May 2, 2018
20174×
0.25Dec 20, 20170.25Nov 8, 20170.25Jul 7, 20170.25Apr 21, 2017

Stock Splits

  • Jul 1, 20201:5
  • Nov 15, 20072:1