Welcome to our dedicated page for Tsakos Energy SEC filings (Ticker: TEN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Tsakos Energy Navigation Ltd. filings document a foreign private issuer engaged in worldwide maritime transportation of liquid energy-related products. Its SEC record includes Form 20-F annual reporting and Form 6-K current reports covering audited financial statements, interim operating results, fleet and charter disclosures, preferred-share matters and incorporation by reference into registration statements.
Proxy materials and other 6-K filings describe annual meeting matters, shareholder voting procedures, board composition and executive finance roles. The company's filings also provide formal disclosure on governance, capital structure, registration statements on Form F-3 and Form S-8, and the risks and economics of operating crude, product, LNG and shuttle tanker assets.
Tsakos Energy Navigation (TEN) delivered a very strong first quarter of 2026, helped by firm tanker markets and high fleet utilization. Voyage revenues rose to $252.9 million, with operating income of $109.9 million. Net income attributable to TEN was $88.8 million, or $2.72 per share, a 160% increase versus $1.04 a year earlier. Adjusted EBITDA reached $153.8 million, up 55% year-on-year.
Cash at March 31, 2026 stood at $321.4 million, while net cash from operating activities was $97.2 million. Utilization improved to 98.3% and TCE per ship per day climbed to $40,960. The board declared a second semi-annual common dividend of $1.00 per share, bringing 2026 common dividends to $1.50 per share, a 36% increase over 2025 and the highest level in more than 10 years. TEN also highlights a contracted revenue backlog of $3.6 billion and an extensive 26-vessel newbuilding program to support long-term growth.
TSAKOS ENERGY NAVIGATION LTD director and CEO Nikolaos Tsakos reported open-market purchases of common shares through an affiliated entity. Intermed Champion S.A. of Panama bought 25,000 common shares in two transactions at weighted average prices of $39.9189 and $39.9484 per share, within price ranges from $39.4398 to $40.35. After these buys, Intermed Champion S.A. holds 918,500 common shares. The filing also reports additional indirect holdings through Sea Consolidation S.A. of Panama, Methoni Shipping Company Limited, and Tsakos Energy Management Limited, plus 81,600 common shares held directly.
Tsakos Energy Navigation Limited has called its 2026 Annual General Meeting for May 27, 2026 in Athens, asking shareholders to elect or re-elect four directors, approve the 2025 audited financial statements, confirm Ernst & Young (Hellas) as auditors for 2026, and approve director remuneration.
For 2025, the company generated voyage revenues of $798.7 million and net income attributable to the company of $160.9 million, equal to $4.45 earnings per share on 29.7 million average shares. Total assets were $3.95 billion, including vessels with a net book value of $3.16 billion, against total stockholders’ equity of $1.86 billion and long‑term debt and other financial liabilities of $1.62 billion. Cash, cash equivalents and restricted cash totaled $298.1 million at year‑end, and common dividends declared and paid in 2025 amounted to $48.2 million, with an additional $27.0 million in preferred dividends.
Tsakos Energy Navigation Limited files its annual report on Form 20-F for the year ended December 31, 2025, outlining financial position and extensive risk factors for its tanker and LNG shipping business.
As of December 31, 2025, cash and cash equivalents were $293,312k and restricted cash $4,817k, for total cash of $298,129k. Long-term secured debt and other financial liabilities totaled $1,920,975k, against total stockholders’ equity of $1,863,005k and total capitalization of $3,783,980k.
The company discloses a debt-to-capitalization profile of 50.9% and details fleet expansion commitments, including DP2 shuttle tankers, LR1 tankers, VLCCs and an LNG carrier with remaining newbuilding obligations of $2.0 billion as of March 30, 2026. It highlights cyclical tanker markets, geopolitical disruptions, sanctions, trade protectionism, environmental regulations (including EU ETS and FuelEU Maritime), financing constraints, ESG expectations, cybersecurity, and reliance on key managers and related-party service providers as key risks to revenues, cash flows, asset values and access to capital.
TSAKOS ENERGY NAVIGATION LTD director Efthimios Mitropoulos has filed an initial ownership report showing holdings of 15,600 Common Shares. These shares are reported as directly owned, and the filing does not record any recent purchases, sales, or option exercises, only the existing position.
TSAKOS ENERGY NAVIGATION LTD director Denis Andreas Petropoulos has filed an initial insider ownership report showing that he directly holds 10,000 Common Shares of the company. This Form 3 filing establishes his baseline share position as an insider, without reporting any recent purchase or sale transactions.
Tsakos Energy Navigation Ltd director Nicholas Francis Tommasino has filed an initial ownership report showing he holds 5,364 common shares of the company. These shares are listed as being held directly, and the filing does not report any recent purchases or sales.
Tsakos Energy Navigation Ltd director Michael Jolliffe has filed an initial ownership report showing he holds 18,400 common shares directly. This Form 3 does not report any recent buy or sell transactions; it simply establishes his current beneficial ownership position in the company.
Tsakos Energy Navigation Ltd director Arapoglou Efstratios Georgios has reported his initial ownership in the company. He holds 19,000 Common Shares and 40,124 Series F fixed-to-floating rate cumulative redeemable perpetual preferred shares, all listed as directly owned.
TSAKOS ENERGY NAVIGATION LTD Chief Executive Officer Nikolaos Tsakos filed an initial ownership report showing his holdings in the company. He reports 81,600 common shares held directly, plus additional common shares held indirectly through entities including Sea Consolidation S.A., Intermed Champion S.A., Methoni Shipping Company Limited and Tsakos Energy Management Limited. He also reports indirect holdings of Series E and Series F preferred shares through Admiral Green Maritime S.A., while expressly disclaiming beneficial ownership of entity-held securities except to the extent of any pecuniary interest.