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Tsakos Energy Navigation Limited

Company price
44.77 USD 0.00(0%)
Last update at 2026-11-09T21:00:00Z
VOLUME
373550
Market Cap
1539.82M
P/E
8.34

Momentum Score

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Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services in Greece and internationally. The company owns and operates various vessels, including VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. It also provides marine transportation services for national, major, and other independent oil companies and refiners. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

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Day Price Range
44.29
Low
46.07
High
52 Week Price Range
19.20
Low
51.24
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Tsakos Energy Navigation Limited owns and operates oceangoing crude oil and product tankers, providing seaborne transportation under time-charter and spot arrangements. Investors may find it attractive because global oil and refined-product demand, fleet renewal and periodic recoveries in charter rates could support improved utilization and cash flow over time.

Material risks include volatile freight markets and geopolitical exposure, high capital intensity and fleet-level leverage, and regulatory pressure from decarbonization standards that could raise compliance costs.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
44.77
Dividend Yield
4.03%
Revenue TTM
959.70M
Revenue Per Share
32.10
Gross Profit TTM
590.94M
Debt / Equity
1.06
ROE
17.22%
Net Debt
1625.87M
ROCE
6.89%
Diluted EPS TTM
6.13

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 164.94M 181.63M 305.08M 208.47M -150.58M
Minority interest -4.04M -5.40M -5.23M -4.23M -0.82M
Net income 160.90M 176.23M 300.18M 204.23M -151.40M
Selling general administrative 42.08M 45.37M 33.34M 29.85M 29.13M
Gross profit 282.84M 275.27M 370.01M 286.65M 1.46M
Reconciled depreciation 148.31M 139.81M 123.12M 121.58M 126.82M
Ebit 240.76M 294.93M 411.54M 249.81M -27.67M
Ebitda 410.81M 434.74M 555.78M 371.39M 99.15M
Depreciation and amortization 170.05M 139.81M 144.24M 121.58M 126.82M
Operating income 240.76M 278.56M 391.50M 256.35M -119.86M
Other operating expenses 557.93M 525.50M 498.07M 603.61M 665.98M
Interest expense 97.50M 113.30M 106.45M 59.92M 41.82M
Interest income 10.49M 15.12M 11.26M 48.25M 0.70M
Net interest income -85.82M -98.31M -91.92M -57.65M -41.72M
Income tax expense - - 107.32M 60.05M 182.00M
Total revenue 798.69M 804.06M 889.57M 860.40M 546.12M
Total operating expenses 42.08M -3.29M -21.49M 29.85M 121.31M
Cost of revenue 515.85M 528.79M 519.56M 573.75M 544.66M
Total other income expense net -75.82M -96.93M -86.42M -47.89M -30.72M
Net income from continuing ops 164.94M 181.63M 374.79M 208.47M -150.58M
Net income applicable to common shares - - - 168.26M -187.18M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 3953.08M 3706.52M 3364.09M 3308.57M 2894.81M
Intangible assets - - - - 1056.00M
Other current assets 33.65M 49.44M 56.70M 22.38M 29.74M
Total liab 2090.08M 1939.33M 1711.44M 1785.66M 1603.02M
Total stockholder equity 1819.48M 1727.71M 1618.56M 1522.92M 1240.80M
Deferred long term liab - - - - 34.30M
Other current liab 88.34M 50.81M 37.02M 43.63M -94.52M
Common stock 151.54M 151.54M 150.92M 150.92M 126.22M
Capital stock 163.03M 163.03M 162.41M 165.93M 141.68M
Retained earnings 738.35M 652.65M 548.24M 311.73M 149.50M
Other liab - - - 207.78M -
Good will - - - - 507.00M
Other assets - - - 44.37M 162.24M
Cash 303.13M 348.31M 376.69M 304.37M 127.20M
Cash and equivalents - - - 304.37M 117.19M
Total current liabilities 458.04M 408.52M 323.20M 369.69M 332.10M
Current deferred revenue 17.27M 37.41M 31.90M 26.05M 9.02M
Net debt 1625.87M 1415.82M 1225.10M 1363.44M 1334.56M
Short term debt 309.75M 264.46M 214.07M 251.85M 202.69M
Short long term debt - - - 201.05M 172.94M
Short long term debt total 1928.99M 1764.13M 1601.79M 1829.72M 1461.76M
Other stockholder equity 919.98M 912.93M 905.42M 986.58M 966.79M
Property plant equipment - - - 2627.22M 2491.53M
Total current assets 433.86M 450.37M 507.89M 513.11M 237.82M
Long term investments 25.23M 25.23M 5.06M 0.00M -
Net tangible assets - - - 1522.92M 1225.34M
Short term investments 30.64M 0.00M 0.65M 0.19M 0.01M
Net receivables 53.85M 33.66M 51.98M 87.09M 57.97M
Long term debt 1487.36M 1354.42M 1370.68M 1577.88M 1200.25M
Inventory 12.59M 18.95M 22.51M 26.22M 22.92M
Accounts payable 42.68M 55.85M 40.21M 48.16M 74.91M
Accumulated other comprehensive income -1.89M -0.90M 2.48M 7.67M -17.18M
Non currrent assets other 28.28M 40.55M 39.76M 67.68M 36.14M
Non current assets total 3519.23M 3256.16M 2856.20M 2795.46M 2656.99M
Capital lease obligations 8.02M 17.03M 39.13M 88.90M 88.57M
Long term debt total - - - 1577.88M 1200.25M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments -30.43M -441.61M -154.04M -301.81M -8.00M
Change to liabilities - - - 0.00M 19.76M
Total cashflows from investing activities -458.12M -441.61M -137.44M -301.81M -8.00M
Net borrowings 173.13M 184.55M -14.89M 206.93M -129.15M
Total cash from financing activities 112.14M 105.54M -190.58M 195.53M -89.68M
Change to operating activities - - - - -13.08M
Net income 159.30M 181.63M 300.18M 208.47M -150.58M
Change in cash -45.18M -28.38M 67.25M 182.24M -44.57M
Begin period cash flow 348.31M 376.69M 309.44M 127.20M 171.77M
End period cash flow 303.13M 348.31M 376.69M 309.44M 127.20M
Total cash from operating activities 295.79M 307.68M 395.28M 288.53M 53.11M
Issuance of capital stock - 0.00M 0.00M 44.03M 77.22M
Depreciation 170.05M 139.81M 123.12M 121.58M 126.82M
Other cashflows from investing activities - 228.42M 165.94M -0.25M -2.38M
Dividends paid 60.14M 71.82M 61.86M 43.71M 36.31M
Change to inventory 6.36M 3.56M 3.70M -3.30M -1.10M
Change to account receivables 4.09M 16.87M 28.37M -35.24M -1.33M
Sale purchase of stock 0.00M 0.00M -108.31M -2.50M -0.17M
Other cashflows from financing activities -2.68M -7.19M -112.27M 692.07M 212.23M
Change to netincome - - - - 53.76M
Capital expenditures 521.74M 650.02M 298.38M 333.37M 61.23M
Change in working capital -2.62M 45.83M 26.65M -43.67M 4.25M
Stock based compensation 7.05M 8.13M 0.00M 0.00M 24.00M
Other non cash items -30.95M -67.71M -54.67M 2.16M 72.62M
Free cash flow -225.95M -342.34M 96.89M -44.84M -8.12M

Peer Comparison*

Sector: Energy Industry: Oil & Gas Midstream

Stock Name
Change
(USD)
Price
(USD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
TEN
Tsakos Energy Navigation Limited
-
-%
44.77 8.34 7.01 1.60 0.79 3.87 10.74
EBBNF
Enbridge Inc
0.06
0.24%
25.00 11.23 - 1.48 - - -
EPD
Enterprise Products Partners LP
-
-%
36.70 13.38 12.24 1.43 2.76 2.01 11.37
ENB
Enbridge Inc
0.53
1.13%
47.42 32.07 17.33 1.67 1.73 2.98 10.28
ET
Energy Transfer LP
0.20
1.08%
19.12 14.71 12.67 0.68 2.09 1.33 8.25

Profile*

Tsakos Energy Navigation Limited

Tsakos Energy Navigation Limited, together with its subsidiaries, provides seaborne crude oil and petroleum product transportation services in Greece and internationally. The company owns and operates various vessels, including VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers. It also provides marine transportation services for national, major, and other independent oil companies and refiners. The company was formerly known as MIF Limited and changed its name to Tsakos Energy Navigation Limited in July 2001. Tsakos Energy Navigation Limited was incorporated in 1993 and is based in Athens, Greece.

Megaron Makedonia, Athens, Greece, 175 64

30 210 94 07 710

Name Title Year Born
Dr. Nikolas P. Tsakos Ph.D. Founder, CEO & Director 1963
Mr. Michael Gordon Jolliffe Co-Founder & Vice Chairman 1950
Mr. George V. Saroglou COO, President & Director 1965
Mr. Theo Harrys E. Kosmatos CFO, Chief Accounting Officer & Corporate Development Officer 1970
Ms. Clio Hatzimichalis General Counsel & Director NA
Mr. Vasileios Papageorgiou Chief Marine Officer 1947

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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