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Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited

TEN-PF · NYSE · Energy / Oil & Gas Midstream

25.95USD-0.09 (-0.35%)

Price History

Full chart

Market Stats

Previous Close26.04
Open25.94
Day Range25.92 – 26.02
52-Week Range24.47 – 27.00
Volume12.63K
Market Cap179.62M
P/E (TTM)0.00
Forward P/E0.00
Dividend Yield8.97%
Beta-0.25
50-Day Avg26.81
200-Day Avg27.16

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: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue644.13M546.12M860.40M889.57M804.06M798.69M
Growth (%)--15.22%+57.55%+3.39%-9.61%-0.67%
Cost of Revenue483.17M544.66M573.75M519.56M528.79M516.75M
Gross Profit160.96M1.46M286.65M370.01M275.27M281.94M
Gross Margin24.99%0.27%33.32%41.59%34.23%35.30%
Operating Expense29.04M29.13M29.85M33.34M45.37M42.08M
Operating Income131.92M-27.67M256.79M336.67M229.90M239.86M
Operating Margin20.48%-5.07%29.85%37.85%28.59%30.03%
EBITDA--385.50M530.80M434.74M407.27M
EBITDA Margin--44.80%59.67%54.07%50.99%
Net Income24.00M-151.40M204.23M300.18M176.23M160.90M
Net Income Margin3.73%-27.72%23.74%33.74%21.92%20.15%
Interest Expense49.62M38.58M55.45M102.59M113.30M94.02M
Interest Expense % of Total Revenue7.70%7.06%6.45%11.53%14.09%11.77%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets3.11B2.89B3.31B3.36B3.71B3.95B
Total Liabilities1.73B1.60B1.79B1.71B1.94B2.09B
Total Equity1.38B1.29B1.52B1.65B1.77B1.82B
Cash160.47M117.19M304.37M372.03M343.37M293.31M
Net Debt1.11B1.08B1.07B998.65M1.01B1.19B

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow205.42M53.11M288.53M395.28M307.68M297.62M
Financing Cash Flow-136.80M-89.68M195.53M-190.58M105.54M110.31M
Capital Expenditure188.24M61.23M333.37M298.38M650.02M521.74M
Free Cash Flow17.18M-8.12M-44.84M96.89M-342.34M-224.12M
Dividends Paid46.71M36.31M43.71M61.86M71.82M60.14M
FCF to OCF8.36%-15.28%-15.54%24.51%-111.26%-75.30%
Dividend Paid to FCF271.94%-447.38%-97.48%63.84%-20.98%-26.83%

Key Statistics & Ratios

Market Cap179.62M
Enterprise Value2.43B
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.19
Price / Book0.00
Book Value64.99
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 Outstanding6.75M
Shares Float21.54M
Beta-0.25
Dividend Yield8.97%
Dividend Rate2.38
Payout Ratio0.00%

Dividends

20264×
0.59Oct 27, 20260.59Jul 27, 20260.59Apr 27, 20260.59Jan 27, 2026
20254×
0.59Oct 27, 20250.59Jul 25, 20250.59Apr 25, 20250.59Jan 27, 2025
20244×
0.59Oct 25, 20240.59Jul 25, 20240.59Apr 24, 20240.59Jan 24, 2024
20234×
0.59Oct 24, 20230.59Jul 25, 20230.59Apr 25, 20230.59Jan 24, 2023
20224×
0.59Oct 25, 20220.59Jul 26, 20220.59Apr 26, 20220.59Jan 25, 2022
20214×
0.59Oct 26, 20210.59Jul 26, 20210.59Apr 26, 20210.59Jan 26, 2021