TEN

Tsakos Energy Navigation Ltd.
TEN

$25.75

1.42%

Market Cap: $760M

About: Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.

Employees: 1,373

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

233% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 9

33% more capital invested

Capital invested by funds: $153M [Q1] → $203M (+$50.2M) [Q2]

32% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 28

24% more funds holding

Funds holding: 87 [Q1] → 108 (+21) [Q2]

1.55% more ownership

Funds ownership: 10.57% [Q1] → 12.12% (+1.55%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

84% less call options, than puts

Call options by funds: $4.23M | Put options by funds: $26.6M

See Fund Rankings

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target

$27

5%

upside

Avg. target

$27

5%

upside

High target

$27

5%

upside

1 analyst rating

0 positive

0%

1 neutral

100%

0 negative

0%

Jefferies

Omar Nokta

38% 1-year accuracy

10 / 26 met price target

5%upside

$27

Hold

Downgraded

12 Sept 2024

See Analyst Rankings

Financial journalist opinion

Based on 3 articles about TEN published over the past 30 days

Tsakos Energy Navigation Limited (TEN) Q2 2024 Earnings Call Transcript

Tsakos Energy Navigation Limited (NYSE:TEN ) Q2 2024 Earnings Conference Call September 11, 2024 10:00 AM ET Company Participants Nicolas Bornozis - IR Advisor Takis Arapoglou - Chairman Nikolas Tsakos - Founder and CEO George Saroglou - COO Paul Durham - CFO Harrys Kosmatos - co-CFO Conference Call Participants Poe Fratt - Alliance Global Partners Operator Thank you for standing by, ladies and gentlemen and welcome to Tsakos Energy Navigation Conference Call on the Second Quarter 2024 Financial Results. We have with us Mr.

Tsakos Energy Navigation Limited (TEN) Q2 2024 Earnings Call Transcript

TEN, Ltd. Reports Profits for the Second Quarter and First Half 2024 and Declares Second Semi-Annual Dividend of $0.90 Per Common Share Bringing Total Distributions for 2024 Operations to $1.50 Per Share

50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates first private naval academy in Greece Tanker market fundamentals remain solid ATHENS, Greece, Sept. 11, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TEN) (the “Company”) today reported results (unaudited) for the six months and the second quarter ended June 30, 2024.

TEN, Ltd. Reports Profits for the Second Quarter and First Half 2024 and Declares Second Semi-Annual Dividend of $0.90 Per Common Share Bringing Total Distributions for 2024 Operations to $1.50 Per Share

TEN, Ltd. Announces Date for the Second Quarter and Six Months 2024 Results, Conference Call and Webcast

ATHENS, Greece, Sept. 03, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced the Company will report earnings for the second quarter and six months ended on June 30, 2024 prior to the open of the market in New York on Wednesday, September 11, 2024.

TEN, Ltd. Announces Date for the Second Quarter and Six Months 2024 Results, Conference Call and Webcast

LNG Shipping Stocks: Market Turbulence Affects Shippers With Mixed Results

UPI experienced a 2.30% decline, closing at 160.97 points, while the S&P 500 remained stable. Global market downturn influenced by Japan's sharp decline, with some stocks like Capital Product Partners and Golar LNG showing resilience. New Fortress Energy suffered the most, but mostly due to internal challenges.

LNG Shipping Stocks: Market Turbulence Affects Shippers With Mixed Results

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

ATHENS, Greece, July 02, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TENPRF).

TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

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

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's common shares will immediately transition from “TNP” to “TEN” on the New York Stock Exchange (“NYSE”), where it will continue to be listed under the name “Tsakos Energy Navigation Limited.”

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

TEN, Ltd. Holds its Thirty First Annual General Meeting

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 pursuant to a Notice of Annual Meeting of Shareholders dated May 3, 2024 (“the Notice”). At the meeting which was conducted with a quorum of its common shares represented in person or by proxy, all of the resolutions proposed were approved by at least 89,27% or higher of the votes cast.

TEN, Ltd. Holds its Thirty First Annual General Meeting

TEN, Ltd. Reports Profits for the First Quarter 2024 and Sets Date for First Common Share Semi-Annual Dividend of $0.60

Dividend doubles from amount paid at same time last year Significant fleet renewal - increased sale & purchase and newbuilding activity since beginning of 2024 Green initiative on target - Six Dual-Fuel LNG vessels fully operational New NYSE Ticker Symbol “TEN” effective July 1 st , 2024 Tanker market fundamentals remain solid ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TNP) (the “Company”) today reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTS The first quarter of 2024 has been the springboard for TEN's green drive with a series of vessel renewals and future growth initiatives.

TEN, Ltd. Reports Profits for the First Quarter 2024 and Sets Date for First Common Share Semi-Annual Dividend of $0.60

Tenneco Unveils Advanced Hydraulic Rebound Stop System for Monroe® OE Solutions Passive Dampers

Tenneco, one of the world's leading providers of passive and electronic dampers for automotive applications, has unveiled an innovative, highly tunable hyd

Tenneco Unveils Advanced Hydraulic Rebound Stop System for Monroe® OE Solutions Passive Dampers

TEN Ltd. Announces New NYSE Ticker Symbol “TEN”

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 transition from “TNP” to “TEN” on the New York Stock Exchange (“NYSE”). The Company will continue to be listed on the NYSE under the name “Tsakos Energy Navigation Limited.”

TEN Ltd. Announces New NYSE Ticker Symbol “TEN”

See News Rankings