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Tsakos Energy Navigation Limited - TNP STOCK NEWS

Welcome to our dedicated news page for Tsakos Energy Navigation (Ticker: TNP), a resource for investors and traders seeking the latest updates and insights on Tsakos Energy Navigation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tsakos Energy Navigation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tsakos Energy Navigation's position in the market.

News
TEN Ltd. Announces the Sale of A 2007-Built Aframax Tanker
Rhea-AI Summary
TEN announces the sale of the Aframax tanker Izumo Princess, adding $37 million to their cash balances. The sale marks the divestment from first-generation assets in favor of eco-vessels, with 16 new acquisitions averaging 1.2 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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News
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
Rhea-AI Summary
TEN (TNP) declares a regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares. The dividend will be paid on April 30, 2024, to holders of record as of April 25, 2024. This marks the 23rd dividend on the Series F since their commencement of trading on the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
Tags
dividends
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News
TEN Ltd. Reports Record Profits for Year-End and Fourth Quarter 2023 Results and Dividend of $0.60 per Common Share
Rhea-AI Summary
TEN, (TEN) reports record annual profits exceeding $300 million, a 60% increase, with an EPS of $9.93 and EBITDA of $490 million. The company saw a 100% rise in common dividends, showcasing dynamic growth and a fleet renewal with a green ship initiative. Market fundamentals remain robust for TEN.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
dividends earnings
News
TEN, Ltd. Announces Date of Fourth Quarter and Year End 2023 Results, Conference Call and Webcast
Rhea-AI Summary
TEN, (TNP) will report Q4 and full-year 2023 earnings on March 27, 2024, followed by a conference call to discuss results and the business outlook. Participants can join the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.43%
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News
TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares
Rhea-AI Summary
TEN Ltd. announced a regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares. The dividend is payable on February 28, 2024, to all holders of record as of February 23, 2024. TEN has 4,745,947 Series E Preferred Shares outstanding as of the date of this press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
dividends
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News
TEN Ltd. Announces the Acquisition of a Fleet of Five Modern Environmentally-Friendly Vessels
Rhea-AI Summary
TEN, Ltd (TEN) announces the acquisition of five high-spec environmentally-friendly vessels from Norway’s Viken Crude AS. The fleet includes two 2023-built Dual-Fuel LNG LR2 aframaxes, one 2019-built super-eco suezmax, and two 1A ice-class scrubber-fitted aframaxes built in 2018 and 2019. The vessels have an average employment of two years with fixed and profit-sharing features totaling over $100 million in minimum gross revenues. With this acquisition, TEN’s LNG-powered tankers increase to six, scrubber-fitted vessels to 12, vessels with ice-class capabilities to 17, and the pro-forma fleet to 72 diversified ships of all categories. The revenue growth capacity of the fleet and its expected impact on the bottom line is materially enhanced.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.44%
Tags
acquisition
News
TEN Ltd. Announces the Sale of a 2005-Built Suezmax Tanker and Completion of the First Phase of Its Dual-Fuel Renewal Program
Rhea-AI Summary
TEN, Ltd (TEN) announces the sale of the 2005-built suezmax tanker Eurochampion 2004 and the concurrent delivery of two LNG powered aframax tankers, the Chios DF and the Ithaki DF. The Eurochampion 2004, which was debt-free, will contribute approximately $40 million to the Company’s cash balances. The sale and delivery of these three vessels highlight TEN’s commitment to fleet renewal and growth opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
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none
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News
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
Rhea-AI Summary
TEN Ltd. (TEN) (NYSE: TNP) declared a regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (TNPPRF) for the period from October 30, 2023, through January 29, 2024. The dividend will be paid on January 30, 2024, to all holders of record as of January 25, 2024. This marks the 22nd dividend on the Series F since their commencement of trading on the New York Stock Exchange. TEN has 6,747,147 Series F Preferred Shares outstanding as of the date of this press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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dividends
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News
Dr. Nikolas Tsakos, Founder & CEO of Ten Ltd. Interview Today Live at NYSE – Schwab Network
Rhea-AI Summary
Tsakos Energy Navigation Ltd. (NYSE: TNP) CEO Dr. Nikolas Tsakos to be interviewed on the Watch List with Nicole Petallides, Lead Anchor at the Schwab Network, and will participate in the 'Greek American Issuer Day' at the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
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none
News
TEN Ltd. Lloyd’s List Tanker Company of the Year for 2023
Rhea-AI Summary
Tsakos Energy Navigation (TEN) received the 'Tanker Company of the Year' award at the 20th Lloyd’s List Greek Shipping event in Athens. The award recognizes TEN’s outstanding company performance and significant contribution to the shipping industry. This is TEN’s third recognition in these awards over the years, highlighting its uninterrupted dividend distribution record and investment in new technology vessels.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Stock TNP logo
Tsakos Energy Navigation Limited

NYSE:TNP

TNP Rankings

#2628 Ranked by Market Cap
#649 Ranked by Stock Gains
#1309 Ranked by Dividends

TNP Stock Data

747.97M
21.76M
0.19%
19.92%
0.65%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
Greece
Athina

About TNP

tsakos energy navigation ltd (tnp) is a maritime company.