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Tsakos Energy Navigation Limited

TENEnergyNASDAQ

Oil & Gas Midstream · Last scanned May 30, 2026

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Financials · Annual
Revenue
$798.7M
-0.7% YoY
Net Income
$160.9M
-8.7% YoY
EBITDA
$407.3M
-6.3% YoY

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About 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. With a market capitalization of $1.13B, it sits in small-cap territory. The company owns and operates various vessels, including VLCC, Suezmax, Aframax, Panamax, Handysize, MR, LNG carrier, and shuttle DP2 tankers.

Key stats
Market Cap$1.13B
P/E (TTM)6.13
Fwd P/E12.80
EPS$6.13
Beta-0.26
52W Change+108.3%
Dividend Yield2.66%
ROE11.7%
Analysis

On the balance sheet, TEN has $321.4M in cash with $2.14B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Return on equity stands at 11.7%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 4.6% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $546.1M to $798.7M.

With a beta below 0.7, Tsakos Energy Navigation Limited typically sees smaller price swings than the overall market, offering a degree of stability during turbulent periods. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Tsakos Energy Navigation Limited and its sector.

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