Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. As of April 20, 2018, it operated a fleet of 64 double-hull vessels, including 59 conventional tankers, 2 liquefied natural gas carriers, and 3 suezmax DP2 shuttle tankers.
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Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone30 210 94 07 710
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$529.88 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date9/6/2019 (Estimated)
OptionableOptionable
TSAKOS ENERGY N/SH (NYSE:TNP) Frequently Asked Questions
What is TSAKOS ENERGY N/SH's stock symbol?
TSAKOS ENERGY N/SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "TNP."
How often does TSAKOS ENERGY N/SH pay dividends? What is the dividend yield for TSAKOS ENERGY N/SH?
TSAKOS ENERGY N/SH declared a quarterly dividend on Friday, March 29th. Shareholders of record on Friday, May 24th will be given a dividend of $0.05 per share on Thursday, May 30th. This represents a $0.20 annualized dividend and a yield of 6.43%. The ex-dividend date is Thursday, May 23rd. View TSAKOS ENERGY N/SH's Dividend History.
How were TSAKOS ENERGY N/SH's earnings last quarter?
TSAKOS ENERGY N/SH (NYSE:TNP) issued its quarterly earnings results on Thursday, June, 6th. The shipping company reported $0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.01. The shipping company earned $115.48 million during the quarter, compared to the consensus estimate of $122.78 million. TSAKOS ENERGY N/SH had a negative net margin of 13.80% and a negative return on equity of 0.63%. View TSAKOS ENERGY N/SH's Earnings History.
When is TSAKOS ENERGY N/SH's next earnings date?
What price target have analysts set for TNP?
5 brokers have issued twelve-month price targets for TSAKOS ENERGY N/SH's shares. Their predictions range from $3.00 to $6.00. On average, they expect TSAKOS ENERGY N/SH's stock price to reach $4.3750 in the next twelve months. This suggests a possible upside of 40.7% from the stock's current price. View Analyst Price Targets for TSAKOS ENERGY N/SH.
What is the consensus analysts' recommendation for TSAKOS ENERGY N/SH?
5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for TSAKOS ENERGY N/SH in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for TSAKOS ENERGY N/SH.
What are Wall Street analysts saying about TSAKOS ENERGY N/SH stock?
Here are some recent quotes from research analysts about TSAKOS ENERGY N/SH stock:
- 1. According to Zacks Investment Research, "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. " (6/12/2019)
- 2. Maxim Group analysts commented, "Ahead of 3Q18 results, we are lowering our estimates as the tanker sector was unable to pull away from the lack of cargoes and oversupply of vessels." (11/19/2018)
Has TSAKOS ENERGY N/SH been receiving favorable news coverage?
News headlines about TNP stock have been trending neutral this week, according to InfoTrie Sentiment. The research firm scores the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. TSAKOS ENERGY N/SH earned a media sentiment score of 0.2 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next several days. View News Stories for TSAKOS ENERGY N/SH.
Are investors shorting TSAKOS ENERGY N/SH?
TSAKOS ENERGY N/SH saw a decrease in short interest during the month of May. As of May 15th, there was short interest totalling 336,800 shares, a decrease of 6.6% from the April 15th total of 360,600 shares. Based on an average daily volume of 100,400 shares, the days-to-cover ratio is presently 3.4 days. Currently, 0.6% of the shares of the company are short sold. View TSAKOS ENERGY N/SH's Current Options Chain.
Who are some of TSAKOS ENERGY N/SH's key competitors?
Some companies that are related to TSAKOS ENERGY N/SH include Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), DHT (DHT), Star Bulk Carriers (SBLK), COSTAMARE INC/SH (CMRE), Navigator (NVGS), Dorian LPG (LPG), Eagle Bulk Shipping (EGLE), DryShips (DRYS), Diana Shipping (DSX), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Teekay (TK), SEACOR Marine (SMHI) and Ardmore Shipping (ASC).
What other stocks do shareholders of TSAKOS ENERGY N/SH own?
Who are TSAKOS ENERGY N/SH's key executives?
TSAKOS ENERGY N/SH's management team includes the folowing people:
- Mr. Nikolas P. Tsakos, Founder, CEO, Pres & Exec. Director (Age 56)
- Mr. Michael Gordon Jolliffe, Co-Founder & Vice Chairman (Age 69)
- Mr. Paul Durham, CFO & Chief Accounting Officer (Age 68)
- Mr. George V. Saroglou, COO & Exec. Director (Age 54)
- Harrys Kosmatos, Corp. Devel. Officer
Who are TSAKOS ENERGY N/SH's major shareholders?
TSAKOS ENERGY N/SH's stock is owned by a number of of institutional and retail investors. Top institutional investors include Camarda Financial Advisors LLC (0.71%), Foundation Resource Management Inc. (0.56%), California Public Employees Retirement System (0.52%), WealthTrust Axiom LLC (0.47%) and Stephens Inc. AR (0.04%).
Which major investors are selling TSAKOS ENERGY N/SH stock?
TNP stock was sold by a variety of institutional investors in the last quarter, including Foundation Resource Management Inc., California Public Employees Retirement System and WealthTrust Axiom LLC.
Which major investors are buying TSAKOS ENERGY N/SH stock?
TNP stock was purchased by a variety of institutional investors in the last quarter, including Camarda Financial Advisors LLC and Stephens Inc. AR.
How do I buy shares of TSAKOS ENERGY N/SH?
Shares of TNP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is TSAKOS ENERGY N/SH's stock price today?
One share of TNP stock can currently be purchased for approximately $3.11.
How big of a company is TSAKOS ENERGY N/SH?
TSAKOS ENERGY N/SH has a market capitalization of $272.47 million and generates $529.88 million in revenue each year. The shipping company earns $-99,200,000.00 in net income (profit) each year or ($0.77) on an earnings per share basis. View Additional Information About TSAKOS ENERGY N/SH.
What is TSAKOS ENERGY N/SH's official website?
How can I contact TSAKOS ENERGY N/SH?
TSAKOS ENERGY N/SH's mailing address is 367 SYNGROU AVENUE, ATHENS J3, 17564. The shipping company can be reached via phone at 30 210 94 07 710 or via email at [email protected]
MarketBeat Community Rating for TSAKOS ENERGY N/SH (NYSE TNP)
| Community Ranking: | | 3.1 out of 5 ( ) |
| Outperform Votes: | | 362 (Thanks for Voting!) |
| Underperform Votes: | | 227 (Thanks for Voting!) |
| Total Votes: | | 589 |
