Tsakos Energy Navigation Ltd (TEN)

Last Closing Price: 17.82 (2025-05-29)

Company Description

Tsakos Energy Navigation is a leading provider of international seaborne crude oil and petroleum product transportation services. It was incorporated in 1993 as an exempted company under the laws of Bermuda under the name Maritime Investment Fund Limited. In 1996, Maritime Investment Fund Limited was renamed MIF Limited. Their common shares were listed in 1993 on the Oslo Stock Exchange and the Bermuda Stock Exchange although they delisted from the OSE in March 2005 due to limited trading. The Company's shares are no longer actively traded on the Bermuda exchange. In July 2001, the Company's name was changed to Tsakos Energy Navigation to enhance their brand recognition in the tanker industry, particularly among charterers.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $804.06M
Net Income (Most Recent Fiscal Year) $176.23M
PE Ratio (Current Year Earnings Estimate) 6.80
PE Ratio (Trailing 12 Months) 5.24
PEG Ratio (Long Term Growth Estimate) --
Price to Sales Ratio (Trailing 12 Months) 0.67
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 0.31
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 1.94
Pre-Tax Margin (Trailing 12 Months) 22.59%
Net Margin (Trailing 12 Months) 21.92%
Return on Equity (Trailing 12 Months) 14.60%
Return on Assets (Trailing 12 Months) 6.83%
Current Ratio (Most Recent Fiscal Quarter) 1.11
Quick Ratio (Most Recent Fiscal Quarter) 1.06
Debt to Common Equity (Most Recent Fiscal Quarter) 0.85
Inventory Turnover (Trailing 12 Months) 37.28
Book Value per Share (Most Recent Fiscal Quarter) $58.28
Earnings per Share (Most Recent Fiscal Quarter) $0.42
Earnings per Share (Most Recent Fiscal Year) $3.38
Diluted Earnings per Share (Trailing 12 Months) $5.05
Stock
Exchange NYSE
Sector Energy
Industry Oil & Gas Midstream
Common Shares Outstanding 30.13M
Free Float 29.70M
Market Capitalization $536.87M
Average Volume (Last 20 Days) 0.23M
Beta (Past 60 Months) -0.25
Percentage Held By Insiders (Latest Annual Proxy Report) 1.41%
Percentage Held By Institutions (Latest 13F Reports) 19.24%
Annual Dividend (Based on Last Quarter) $1.80
Dividend Yield (Based on Last Quarter) 10.10%