TSAKOS ENERGY NAVIGATION LTD (TEN) SEC Filings & Earnings Calls
EquiReason read 7 TSAKOS ENERGY NAVIGATION LTD SEC filings in the last 12 months. Latest: 6-K on 2026-09-17 — Tsakos Energy Navigation filed 6-K with interim financials; debt increased to $2.114B; dividends declared; no explicit earnings beat/miss..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 1.6B
- P/E TTM
- 5.4
- Dividend yield
- 2.1%
- 52-week
- —
- Next earnings
- 18 Nov, in 25 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
17 Sep 20266-KTsakos Energy Navigation filed 6-K with interim financials; debt increased to $2.114B; dividends declared; no explicit earnings beat/miss.earningsopen
Figures in the filing · each found in the filing text
| Total debt outstanding · H1-2026 | $2.11B | +10% y/y |
Risks flagged
Debt increased by $184M; inflationary pressures and geopolitical conflicts cited.
“Total debt increased; inflation and geopolitical conflicts mentioned.”
22 May 20266-KTEN reports strong Q1 2026: net income $89M (160% YoY increase), EBITDA $154M (55% increase), declares $1.00 semi-annual dividend (36% increase YoY), backlog >$3.5B.earningsopen
Figures in the filing · each found in the filing text
| Gross revenues · Q1-2026 | $253M | +28% y/y |
| Operating income · Q1-2026 | $110M | +82% y/y |
| Net income · Q1-2026 | $89M | +136% y/y |
| Earnings per share · Q1-2026 | $2.72 | +162% y/y |
| Adjusted EBITDA · Q1-2026 | $154M | +55% y/y |
| Average fleet utilization · Q1-2026 | 98.3% | |
| Time charter equivalent earnings · Q1-2026 | $40960.00 | |
| Vessel operating expenses per day · Q1-2026 | $9952.00 | |
| Cash reserves · 2026-03-31 | $321M | |
| Dividend per share (semi-annual) · H2-2026 | $1.00 |
Risks flagged
Geopolitical risks could disrupt operations or cause volatility.
“Strait of Hormuz closure, Middle East turmoil, US naval blockade.”
Tanker market cyclicality could lead to future downturns.
“Market strength partly driven by geopolitical events which may be temporary.”
6 Apr 202620-FAnnual results for 2025: voyage revenues $798.7M (-0.7% YoY), net income $160.9M (-8.7% YoY), fleet utilization 96.6%.earningsopen
Figures in the filing · each found in the filing text
| Voyage Revenues · FY2025 | $799M | -1% y/y |
| Net Income · FY2025 | $161M | -9% y/y |
| Average TCE per vessel per day · FY2025 | $32130.00 | -1% y/y |
| Fleet Utilization · FY2025 | 96.6% | |
| Operating Expenses · FY2025 | $211M | +7% y/y |
| Operating Income · FY2025 | $252M | -9% y/y |
| Net Income per Share (Basic and Diluted) · FY2025 | $4.45 | -12% y/y |
| Fleet Size (end of period) · FY2025 | 62 | 0% y/y |
| Average Fleet Age · FY2025 | $10.10 | -1% y/y |
| Debt to Capital Ratio · FY2025 | 50.9% |
Risks flagged
Geopolitical Risk / Oil Price Demand Destruction
“Assuming the war in Iran would not elevate oil prices to levels that can lead to demand destruction” · word for word
Fuel Cost Exposure on Spot Charters
“Increases in the price of fuel may, as a result, adversely affect our profitability.” · word for word
Interest Rate Risk
“Interest rates have increased rapidly and substantially as central banks in developed countries raise interest rates in an effort to subdue inflation. The eventual implications of tighter monetary policy, and higher long-term interest rates has and may continue to drive a higher cost of capital for our business.” · word for word
Fleet Oversupply Risk
“An oversupply of LNG carriers may lead to a reduction in the charter hire rates we are able to obtain when seeking charters in the future.” · word for word
6 Mar 20266-KTsakos Energy Navigation announces Paul Durham stepped down as Co-CFO and Chief Accounting Officer; Theoharrys E. Kosmatos appointed as CFO and CAO.open
Risks flagged
CFO change; internal promotion suggests continuity; low disruption risk.
“Theoharrys E. Kosmatos has served as Co-Chief Financial Officer since July 1, 2024.”
21 Nov 20256-KTEN reported Q3 2025 net income $38.3M ($1.05/share), gross revenues $186.2M; declared $1.00 dividend; $4B minimum contracted revenue; strong tanker fundamentals.earningsopen
Figures in the filing · each found in the filing text
| Gross revenues · Q3-2025 | $186M | |
| Net income · Q3-2025 | $38M | +45% y/y |
| Adjusted EBITDA · Q3-2025 | $96M | |
| Average TCE per vessel per day · Q3-2025 | $30601.00 | |
| Fleet utilization · Q3-2025 | 95.0% | |
| Operating expenses per vessel per day · Q3-2025 | $9904.00 | |
| Cash position · Q3-2025 | $264M | |
| Minimum contracted revenue · unknown | $4.00B |
Risks flagged
Geopolitical tensions and trade restrictions could impact tanker demand
“The first nine months of the year have been marked by the turmoil created by tariffs and trade restrictions” · word for word
TSAKOS ENERGY NAVIGATION LTD — questions
- What did TSAKOS ENERGY NAVIGATION LTD file recently?
- 7 SEC filings in the last 12 months. Latest: 6-K on 2026-09-17 — Tsakos Energy Navigation filed 6-K with interim financials; debt increased to $2.114B; dividends declared; no explicit earnings beat/miss.
Every figure on this page comes from TSAKOS ENERGY NAVIGATION LTD's own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.