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Tsakos Energy Navigation Ltd. - $TNP STOCK NEWS

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

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 Ltd.'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 Ltd.'s position in the market.

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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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.
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Rhea-AI Summary
TEN, Ltd (TEN) (TNP) reported a 160% increase in net income to $272 million in the first nine months of 2023. The company distributed a $1.00 per share common stock dividend in 2023 and redeemed $108.3 million in at-par preferred shares in Q3 2023. TEN's fleet generated gross revenues of $669 million, reflecting the strength of the tanker market. The company's strategy and outlook remain positive, with over $1.4 billion in secured revenue backlog.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.62%
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dividends
Rhea-AI Summary
TEN Ltd. (NYSE: TNP) declares a regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (TNPPRE) payable on November 28, 2023 to holders of record as of November 22, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.12%
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dividends
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Rhea-AI Summary
TEN, Ltd. will report earnings for the third quarter ended on September 30, 2023, prior to the open of the market in New York on Tuesday, November 21, 2023. The company will also host a conference call to review the results and management's outlook for the business at 10:00 a.m. Eastern Time on the same day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.26%
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Rhea-AI Summary
TEN Ltd. celebrates its 30th year as a publicly listed company
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1.2%
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Rhea-AI Summary
TEN Ltd. declares regular quarterly cash dividend for Series F Preferred Shares
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Rhea-AI Sentiment
End-of-Day
2.09%
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dividends
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Rhea-AI Summary
$520 million in gross contracted revenues over project's life. Greenship initiative commences with the delivery of the first LNG powered aframax tanker. Nine more vessels expected to be introduced over the next ten quarters. The four-vessel industrial program is expected to reach $520 million in gross revenues.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.2%
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Rhea-AI Summary
TEN reports over 350% increase in net income to $237 million in H1 2023. Long-term market fundamentals remain strong. New charters secure over $1.5 billion in fleet revenue backlog. Positive fleet performance and cash reserves increase. Debt decreases to $1.38 billion. Dividends of $138 million paid. Two scrubber-fitted MR product tankers ordered. $0.30 per share dividend in December 2023. Corporate strategy focuses on capital allocation and green vessel investments.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.26%
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dividends
Rhea-AI Summary
TEN, Ltd. will report Q2 2023 earnings on September 7, 2023. Conference call to discuss results and outlook will follow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
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Tsakos Energy Navigation Ltd.

NYSE:TNP

TNP Rankings

TNP Stock Data

836.48M
21.76M
0.19%
19.92%
0.65%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
Athina

About TNP

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