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Tsakos Energy Navigation Ltd (TEN)

Tsakos Energy Navigation Ltd (TEN)
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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.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 804,060 889,570 860,400 546,120 644,140
Sales Growth -9.61% +3.39% +57.55% -15.22% +7.81%
Net Income 176,230 300,180 204,230 -151,400 24,000
Net Income Growth -41.29% +46.98% +234.89% -730.83% +58.63%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 3,706,520 3,364,090 3,308,580 2,894,810 3,112,280
Total Assets Growth +10.18% +1.68% +14.29% -6.99% -1.33%
Total Liabilities 1,939,330 1,711,440 1,785,660 1,603,020 1,730,460
Total Liabilities Growth +13.32% -4.16% +11.39% -7.36% +2.89%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow 307,680 395,280 288,530 53,110 205,420
Operating Cash Flow Growth -22.16% +37.00% +443.27% -74.15% +11.43%
Net Cash Flow -28,380 67,260 182,240 -44,570 -26,000
Change in Net Cash Flow -142.19% -63.09% +508.88% -71.42% -14.24%
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