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TEN Ltd. Announces Filing of Form 20-F with the SEC

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TEN (NYSE: TEN) filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. SEC on April 7, 2026. The filing is available on the company’s Investor Relations SEC Filings page.

Shareholders may request a free hard copy by contacting Capital Link using the contact details provided in the release.

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Positive

  • None.

Negative

  • None.

News Market Reaction – TEN

+1.83%
+1.83% Session close to close

In the Apr 8 session, TEN gained 1.83%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement centers on TEN’s Form 20‑F filing, which formalizes previously reported 2025 resul...
Analysis

This announcement centers on TEN’s Form 20‑F filing, which formalizes previously reported 2025 results and extensive risk disclosures. The annual report details $800 million in revenue, $161 million net income, sizeable cash balances, but also high leverage and $2.0 billion in newbuilding obligations. Investors may focus on how these commitments, tanker market cyclicality, and regulatory factors outlined in the filing interact with the company’s strong recent performance and fleet strategy.

Key Figures

Gross revenues: $800 million Net income: $161 million Adjusted EBITDA: $416 million +5 more
8 metrics
Gross revenues $800 million Full-year 2025 results
Net income $161 million Full-year 2025, $4.45 per share
Adjusted EBITDA $416 million Full-year 2025
Total cash $298,129k Cash and restricted cash as of Dec 31, 2025 (Form 20-F)
Long-term debt $1,920,975k Secured debt and financial liabilities as of Dec 31, 2025
Debt-to-capitalization 50.9% Leverage profile as of Dec 31, 2025
Newbuilding obligations $2.0 billion Remaining fleet expansion commitments as of Mar 30, 2026
Series E dividend $0.578125 per share Quarterly dividend for Nov 28, 2025–Feb 27, 2026 period

Historical Context

5 past events · Latest: Mar 11 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 11 CEO media interview Positive -1.6% CEO discussed tanker outlook and strong 2025 results on Bloomberg.
Mar 10 CEO TV appearance Positive +1.8% CEO interviewed on Schwab Network about tanker market and 2025 performance.
Mar 06 Earnings results Positive -0.6% Reported 2025 profits with strong revenues, EBITDA and cash position.
Feb 18 Earnings date set Neutral +4.0% Announced timing for Q4 and year‑end 2025 results call and webcast.
Feb 05 Preferred dividend Positive +3.4% Declared regular quarterly dividend on Series E preferred shares.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news shows mixed reactions: strong 2025 profit and media appearances sometimes saw mild selloffs, while dividends and event announcements drew positive responses.

Recent Company History

Over the past few months, TEN has highlighted strong 2025 financials, including profits and solid EBITDA, and maintained capital returns via preferred dividends. Management featured in media interviews on tanker markets and fleet utilization, and scheduled its Q4 and full‑year 2025 results call on March 6, 2026. Today’s Form 20‑F filing formalizes those year‑end figures and risk disclosures, following the detailed annual report filed on April 6, 2026.

Key Terms

form 20-f, securities and exchange commission
2 terms
form 20-f regulatory
"it has filed its Annual Report on Form 20-F for the fiscal year ended"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
securities and exchange commission regulatory
"with the U.S. Securities and Exchange Commission (“SEC”)."
A national government agency that enforces rules for buying, selling and disclosing information about stocks and other investments, acting like a referee and scorekeeper for financial markets. It requires companies to share clear, regular financial and business information and investigates fraud or rule-breaking, which matters to investors because those rules and disclosures help ensure fair prices, reduce hidden risks and make it easier to compare investment choices.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ATHENS, Greece, April 07, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”), a leading diversified crude, product and LNG tanker operator, announced today that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025, with the U.S. Securities and Exchange Commission (“SEC”).

The report is available on the Company’s website under the Investor Relations - SEC Filings section.

Alternatively, shareholders may also receive a hard copy of the Annual Report, free of charge, by contacting Capital Link using the contact information provided at the end of this press release.

ABOUT TEN Ltd.

Founded in 1993 and celebrating 33 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN's diversified energy fleet currently consists of 83 vessels, including ten DP2 shuttle tankers, three VLCCs, five scrubber-fitted LR1 tankers and one LNG carrier under construction, consisting of a mix of crude tankers, product tankers and LNG carriers totaling approx. 11 million dwt.

ABOUT FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

For further information, please contact:

Company
Tsakos Energy Navigation Ltd.
George Saroglou
President & COO
+30210 94 07 710
gsaroglou@tenn.gr

Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis/ Markella Kara
+212 661 7566
ten@capitallink.com


FAQ

When did TEN (NYSE: TEN) file its Form 20-F for fiscal year 2025?

TEN filed its Annual Report on Form 20-F on April 7, 2026. According to the company, the filing covers the fiscal year ended December 31, 2025 and is now available through its Investor Relations SEC Filings section online.

How can shareholders obtain a hard copy of TEN's 20-F for 2025?

Shareholders can request a free hard copy by contacting Capital Link using the contact information in the release. According to the company, the hard copy is provided free of charge to shareholders upon request.

Where can investors read TEN's 2025 Form 20-F online?

Investors can access the Form 20-F on TEN's Investor Relations website under the SEC Filings section. According to the company, the Annual Report for the year ended December 31, 2025 is posted there for review.

What does TEN's Form 20-F filing mean for shareholders?

The filing provides comprehensive annual disclosures required for foreign issuers trading in the U.S. According to the company, the Form 20-F contains audited information and corporate disclosures for the fiscal year ended December 31, 2025.

Does TEN's Form 20-F filing change the company's reported fiscal year end?

No, the filing confirms the fiscal year ended December 31, 2025, and does not indicate a change in year end. According to the company, the Annual Report filed on April 7, 2026 covers that fiscal period.