Tsakos Energy Navigation Limited Stock News

Net income of $157 million or $4.62 per share for 2024 nine months 50% higher dividend distributions from 2023 at $1.50 per common share in total  $0.90 to be paid in December 2024 30 vessels with new and extended charters at significantly higher rates - $1.8 Billion in Fleet Forward Contracted Revenue Dynamic growth and renewal – 21 vessels contracted/acquired within 2024 Efficient vessel mana...

ATHENS, Greece, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TEN) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the third quarter ended on September 30, 2024 prior to the open of the market in New York on Tuesday, November 26, 2024.

NORTHVILLE, Mich., Oct. 21, 2024 (GLOBE NEWSWIRE) -- What began in 1924 as a rubber and tire manufacturer's small, in-house yarn braiding operation has become today's foremost source of sophisticated systems protection products for customers in the automotive, aerospace, railway, industrial and other markets.

Tsakos Energy Navigation's strong financial performance and well-covered preferred dividends make both common and preferred shares appealing investments. The company's asset recycling program and new vessel deliveries enhance its financial stability and growth prospects. With a 7% yield to call, the Series F preferred shares remain an attractive investment, despite potential future rate adjustm...

Tsakos Energy Navigation preferred stock offers an 8.8% dividend yield, with potential for a higher yield in 2027. Business fundamentals remain positive for the company, with growth expected in earnings per share in 2025 and 2026. Preferred dividends have a wider margin of safety compared to common dividends, with the company showing consistency in dividend payments.

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...

TEN reported lower Q1-2024 revenues but expects long-term growth due high demand for oil transport. Geopolitical tension in the Black Sea and Red Sea have caused ongoing disruptions in oil transport. The company recently reported Q1-2024 financial results which show that revenues remain elevated due to these disruptions.

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 quo...