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2023-05-03 09:00:00 ET Summary Product tanker equities have generated tremendous returns over the past year and certain names remain attractive for those with a positive view on future market balances. INSW and STNG are my favorites today, whereas TRMD and ASC are not very appeali...
2023-04-24 05:29:57 ET Summary Following a very tough year in 2021, Tsakos Energy Navigation saw the tide change during the second half of 2022 and early 2023. Thanks to the charter rates surging for oil tankers, their common dividends were recently increased by 100%. Whilst p...
ATHENS, Greece, April 12, 2023 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TNP) (the “Company”) announced today that its Annual Report on Form 20-F for the year ended December 31, 2022, has been filed with the U.S. Securities and Exchange Commission (“SEC”) and can be a...
ATHENS, Greece, April 10, 2023 (GLOBE NEWSWIRE) -- Dr. Nikolas P. Tsakos, Founder, President & CEO of Tsakos Energy Navigation has been presented with the ‘Person of the Year’ Award at the Hellenic American Chamber of Commerce (HACC), 71 st Annual Gala, in New York City. ...
2023-04-03 10:43:32 ET Shares in Frontline ( NYSE: FRO ) and other oil tanker companies plunge in Monday's trading in reaction to the surprise OPEC+ production cut that could provide another spark for inflation and weigh on the world economy. Analysts say OPEC's move is ...
2023-03-27 10:11:10 ET Summary Tsakos Energy reported $860M revenues. The current oil tanker market dynamics will benefit Tsakos Energy. Recent decline in oil prices should not be a problem for tanker companies. A few days ago, Tsakos Energy Navigation (TNP) releas...
2023-03-17 19:45:36 ET Crude oil closed with the worst weekly loss in nearly three years, as the failure of Silicon Valley Bank and troubles at Credit Suisse chased nervous investors out of risky assets. Front-month Nymex crude ( CL1:COM ) for April delivery closed -12.9% fo...
2023-03-16 14:39:46 ET Tsakos Energy Navigation press release ( NYSE: TNP ): Q4 GAAP EPS of $3.17. Revenue of $270.26M (+94.2% Y/Y). For further details see: Tsakos Energy Navigation GAAP EPS of $3.17, revenue of $270.26M
2023-03-16 14:04:36 ET Tsakos Energy Navigation ( NYSE: TNP ) declares $0.60/share annual dividend , 50% of which will be paid in June 2023 and 50% in December 2023. This will bring the total dividend amount paid since the NYSE listing in 2002 to over $500M. The c...
2023-03-16 12:24:02 ET The following slide deck was published by Tsakos Energy Navigation Limited in conjunction with their 2022 Q4 earnings call. For further details see: Tsakos Energy Navigation Limited 2022 Q4 - Results - Earnings Call Presentation
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ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the “Company”), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company ...
ATHENS, Greece, June 21, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading crude, product, and LNG tanker operator, announced today that the Company’s General Annual Meeting of Shareholders was duly held in Athens on June 14, 2024...
ATHENS, Greece, June 14, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the “Company”), a leading diversified crude, product and LNG tanker operator, is pleased to announce an upcoming change in its ticker symbol. Effective Monday, July 1, 2024, the Company’s common shares will transiti...