TEN Ltd. Announces Date of First Quarter 2020 Financial Results, Conference Call and Webcast
Rhea-AI Summary
Ten Ltd. (TNP) will report its Q1 earnings on June 11, 2020, before market open. A conference call is scheduled for 9:00 a.m. ET on the same day to discuss results and management's outlook. The company's diversified fleet has 69 vessels, including crude, product, and LNG carriers, with a total deadweight tonnage of 7.6 million dwt. TEN has been a public company for 27 years and continues to expand its operations in the energy shipping sector.
Positive
- Diversified fleet of 69 vessels, including 48 crude and 15 product tankers.
- Total deadweight tonnage of fleet is 7.6 million dwt, indicating strong operational capacity.
Negative
- None.
News Market Reaction – TNP
In the trading session that priced this news, TNP declined 4.00%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
ATHENS, Greece, June 03, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN” or the “Company”) (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the first quarter ended on March 31, 2020, prior to the open of the market in New York on Thursday, June 11, 2020.
That same morning, at 9:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release.
Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: +1 (844) 824-7423 (US Toll Free Dial In), +1(918) 922-6416 (Standard International Dial In) or +44 (0) 8000 288 438 (UK Toll Free Dial In). Please quote "Tsakos" to the operator.
A telephonic replay of the conference call will be available until Thursday, June 18, 2020 by dialing +1(855) 859-2056 (US Toll Free Dial In), or (800) 585-8367 (Standard International Dial In). Access Code: 3680608#
Simultaneous Slides and Audio Webcast:
There will also be a simultaneous live, and then archived, slides webcast of the conference call, available through TEN's website (www.tenn.gr). The slides webcast will also provide details related to fleet composition and deployment and other related company information. This presentation will be available on the Company's corporate website reception page at www.tenn.gr. Participants for the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.
ABOUT TEN
TEN, founded in 1993 and celebrating this year 27 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 69 double-hull vessels, including two suezmax tankers and one LNG carrier under construction, constituting a mix of crude tankers, product tankers and LNG carriers, totalling 7.6 million dwt. Of the proforma fleet today, 48 vessels trade in crude, 15 in products, three are shuttle tankers and three are LNG carriers.
For further information please contact:
Company
Tsakos Energy Navigation Ltd.
George Saroglou
COO
+30210 94 07 710
gsaroglou@tenn.gr
Investor Relations / Media
Capital Link, Inc.
Nicolas Bornozis
Markella Kara
+212 661 7566
ten@capitallink.com