ATHENS, Greece, April 06, 2020 -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of.
Tsakos Energy Navigation Limited (“TEN” or the “Company”) (TNP) today announced the sale of three suezmax crude carriers, as well as the agreement to sell two product carriers for a total price of $104 million.
Investors need to pay close attention to Tsakos Energy (TNP) stock based on the movements in the options market lately.
Like a globe-spanning seesaw, oil prices went up today, and oil tanker stocks went down. As of 11:20 a.m. EDT, shares of Frontline Ltd. (NYSE: FRO) are down 9.5%, Tsakos Energy Navigation (NYSE: TNP) is down 15.1%, and Nordic American Tankers (NYSE: NAT) has dropped 15.9%. According to the oil price trackers at OilPrice.com, barrels of West Texas Intermediate Crude oil due for June delivery cost $16.30 a barrel -- that's 32% more today than they cost yesterday.
Shares of Tsakos Energy Navigation (NYSE:TNP) rose 2.4% in pre-market trading after the company reported Q4 results.Quarterly Results Earnings per share were up 525.00% over the past year to $0.34, which beat the estimate of $0.31.Revenue of $175,386,000 rose by 14.07% year over year, which beat the estimate of $151,500,000.Guidance Earnings guidance hasn't been issued by the company for now.Revenue guidance hasn't been issued by the company for now.Conference Call Details Date: Mar 24, 2020View more earnings on TNPTime: 12:00 PM ETWebcast URL: http://tenn.irwebpage.com/webcast/cc_2019-4Q__page.htmlTechnicals 52-week high: $4.6652-week low: $1.70Price action over last quarter: down 42.54%Company Overview Tsakos Energy Navigation Ltd is a Bermuda-based seaborne transportation service provider. Its business involves transportation of liquid energy products such as crude oil and liquefied natural gas. Its carriers cater to national and international independent oil companies and refiners. The company generates revenue through charter contracts with its clients, which includes time, bareboat and voyage charters, contracts of affreightment and pool arrangements.See more from Benzinga * 10 Communication Services Stocks Moving In Tuesday's Pre-Market Session * 12 Consumer Cyclical Stocks Moving In Tuesday's Pre-Market Session * 18 Healthcare Stocks Moving In Tuesday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Investopedia provides a list of the top companies which are in the business of moving the crude oil across the globe.
NEW YORK, March 19, 2020 -- Capital Link is pleased to announce that the 14th Annual International Shipping Forum will take place as a Digital Forum on Monday, March 30 &.
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see...
Investors need to pay close attention to Tsakos Energy (TNP) stock based on the movements in the options market lately.
Q4 2019 Tsakos Energy Navigation Ltd Earnings Call
TEN Ltd. (“TEN”) (TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.546875 per share for its Series D Cumulative Perpetual Preferred Shares (the “Series D Preferred Shares”; NYSE; TNPPRD) and the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the “Series E Preferred Shares”; NYSE; TNPPRE). Of the proforma fleet today, 48 vessels trade in crude, 15 in products, three are shuttle tankers and three are LNG carriers.
200% Increase in Operating Income before impairments Y-o-Y $208 million Repayment of Debt and Preferred in 2019 Very Firm Current Rates - Market Long Fundamentals.
NEW YORK, NY / ACCESSWIRE / March 24, 2020 / Tsakos Energy Navigation Ltd. (NYSE:TNP) will be discussing their earnings results in their 2019 Fourth Quarter Earnings call to be held on March 24, 2020 at ...
Shares of Tsakos gained as much as 18% in early trading as the shipowner makes as much hay as it can while the sun is shining.
Anyone researching Tsakos Energy Navigation Limited (NYSE:TNP) might want to consider the historical volatility of the...
Tsakos (TNP) delivered earnings and revenue surprises of -5.41% and -6.80%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Tsakos (TNP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tsakos Energy Navigation Ltd. (TNP) had been on a sharp downward trend since the beginning of 2020, falling to an all-time low of $1.74, notes Jason Clark, value investing expert and contributing editor to The Prudent Speculator.
How far off is Tsakos Energy Navigation Limited (NYSE:TNP) from its intrinsic value? Using the most recent financial...
Tsakos Energy (TNP) saw a big move last session, as its shares jumped nearly 9% on the day, amid huge volumes.