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Tsakos Energy Navigation Limited (TNP)
Chart Events
Performance Outlook
| Previous Close | 8.13 |
| Open | 8.05 |
| Bid | 0.00 x 1000 |
| Ask | 0.00 x 1100 |
| Day's Range | 7.82 - 8.17 |
| 52 Week Range | 7.06 - 23.85 |
| Volume | 88,557 |
| Avg. Volume | 111,078 |
| Market Cap | 147.806M |
| Beta (5Y Monthly) | 0.62 |
| PE Ratio (TTM) | 9.72 |
| EPS (TTM) | 0.81 |
| Earnings Date | Nov 24, 2020 - Nov 30, 2020 |
| Forward Dividend & Yield | 0.50 (6.35%) |
| Ex-Dividend Date | Jun 19, 2020 |
| 1y Target Est | 22.17 |
Fair Value
Related Research
- GlobeNewswire
50+ Leading Greek shipowners presenting at Capital Link’s Analyst & Investor Day Digital Forum on Wednesday and Thursday, October 21 & 22
Thought Leadership and the Prospects of Greek Shipping in a Changing WorldNEW YORK, Oct. 19, 2020 (GLOBE NEWSWIRE) -- Capital Link will be hosting its 7th Analyst and Investor Shipping Forum as a Digital Forum on Wednesday, October 21 & Thursday, October 22, 2020 from 9:00am – 4:00pm EEST (GMT + 3). The event is held in cooperation with NYSE and Nasdaq, and as part of the “Posidonia Web Forums Week”. Registration is complimentary.This Forum pays tribute to the significance, dominance and resilience of Greek Shipping. This event, unique in its structure and format, features exclusively on the various panels Greek shipowners – principals from private and publicly listed companies. They will share their insight on critical industry issues with a global audience, as the event targets the broader global maritime community.Greek Shipping is the global leader in terms of ownership, contributing greatly to the global economy and commerce. Greek shipowners have gained the reputation of astute operators who are experts in taking advantage of market cycles.Beyond the significant contribution to the Greek economy, Greek Shipping has also contributed to the economies of several other countries, as Greeks shipowners have been customers and trading partners of a wide array of businesses around the world.This event features the Though Leadership of Greek Shipping on Global Industry Issues.KEYNOTE SPEAKER * H.E. Ioannis Plakiotakis, Minister of Shipping and Insular Policy, Hellenic Republic REGISTRATIONRegistration is complimentary. To register please go to the link below: https://forumanalyst2020.capitallink.com/en/PRESENTATIONS AND PANEL DISCUSSIONS * The Greek Shipping Miracle – A Journey in Time * The Development of the Greek Shipping Cluster * European Union Maritime Policy & its Effect on the European and Global Merchant Fleet * Shipping in the Post Covid-19 Era - Has the Pandemic Brought Changes That Will Stay? * Fleet Renewal – Building the Ships of the Future * Positioning Greece As a Maritime, Transportation & Logistics Hub * Geopolitics, World Trade and Shipping * Shipping – Contribution to Society * Embracing the Technological Revolution * Shipping & The Environment * Shipping & Capital – Alternative Sources & Options – The Public / Private Dilemma * Maritime Education – Encouraging a Maritime Career for the Younger Generation * Looking Through A Crystal Ball - The Future of Shipping – Business & Investment Opportunities Across Shipping Segments * The Rebirth of Greek Shipbuilding - a Presentation by ONEX * The New Generation – Ensuring Continuity - Looking Ahead With Confidence FORUM FEATURES * Presentations/panel sessions will be delivered in real time video format * Exhibition hall with 27 digital booths * Visit our Sponsor booths to obtain the latest industry reports, white papers, company videos, latest presentations and more * All materials can be saved into your briefcase and reviewed at your convenience * Live networking in real time with speakers, sponsors and participants PARTICIPATING MARITIME COMPANIESPublicly Listed Companies * Capital Product Partners (NASDAQ: CPLP) * Danaos Corporation (NYSE: DAC) * Diana Shipping Inc. * Dorian LPG Ltd. (NYSE: LPG) * Dynagas LNG Partners LP (NYSE: DLNG) * Euroseas (NASDAQ: ESEA) * Eurodry * Global Ship Lease * Navios Holdings Inc. (NYSE: NM) * Pyxis Tankers * Safe Bulkers (NYSE:SB) * Seanergy Maritime Holdings * Star Bulk Carriers Corp. (NASDAQ: SBLK) * StealthGas Inc. (NASDAQ: GASS) * Tsakos Energy Navigation (NYSE: TNP) Private Companies * A.M. Nomikos * Alberta Ship Management * Ariston Navigation Corp. * Capital Maritime * Columbia Shipmanagement * Common Progress Co. * ContShips Mgt * Dynacom/Dynagas/Sea Traders * Eastern Mediterranean Maritime * Fafalios Shipping * Forward Ships * Franco Compania Naviera * Goldenport Holdings * Goodbulk * Interunity Management Corporation * Laskaridis Shipping/Lavinia * Lemissoler Navigation * Palomar * Phoenix Shipping & Trading * Prime Marine * Prominence Maritime * Super Eco Tankers Management * Technomar * The Signal Group * Tsakos Columbia Shipmanagement S.A * Tsavliris Salvage GroupTARGET AUDIENCE This Forum is addressed among others to Ship Managers, Shipowners, Ship Operators, Shipbrokers, Commercial and Investment Bankers, Charterers, Classification Societies, Commodity and Energy Traders, Environmental Maritime Organizations, Industry Associations, Government and Non-Governmental Organizations, Financial and Trade Media, Institutional Investors, P&I Executives, Lawyers and Insurers, Market Analysts and Consultants, Private Equity Firms and offshore industry entitiesSPONSORS IN COOPERATION WITH: New York Stock Exchange (NYSE) • NASDAQ GLOBAL LEAD SPONSOR: Tsakos Energy Navigation Ltd. LEAD SPONSOR: Onassis Group GLOBAL GOLD SPONSORS: Columbia Shipmanagement • DNV GL • EY GLOBAL SPONSORS: DNB • InvestHK • Hong Kong Maritime and Port Board • Reed Smith LLP • Seward & Kissel LLP EVENT SPONSORS: Bureau Veritas • Lloyd’s Register • RINA SUPPORTING SPONSORS: Bermuda Ship Registry • ClassNK • Danaos • Elvictor Group • ERMA First • Flott & Co. • Liberia Registry (LISCR) • Marshall Islands Registry • Metropolitan College • Moore • ONEX Shipyards • Piraeus Bank • RMS Group • ShipMedCare SUPPORTING ORGANIZATIONS: Association of Banking And Financial Executives of Hellenic Shipping • CASS Business School • Hellenic Shortsea Shipowners Association (EENMA) • Greek Shippong Co-operation Committee • Hellenic Chamber of Shipping • Hellenic Committee of Lloyd’s Brokers Association (HCLBA) • Hellenic Shipowners Association (HSA) • HELMEPA • Piraeus Marine Club • NYMAR • Piraeus Association For Maritime Arbitration • The International Propeller Club • WISTA Hellas MEDIA PARTNERS: All About Shipping Co. • EfoplistisNews.GR • ELNAVI • Kathimerini • Marine Circle • Maritime.GR • Naftika Chronika • Nafsgreen.GR • Oikonomiki • Ship Management International • Ship2Shore • SHIPPING • Worldoils • Xinde Marine NewsFOR MORE INFORMATION Please visit: http://forums.capitallink.com/shipping/2020analyst/Or, contact Nicolas Bornozis at forum@CapitalLink.com or + 1 212 661 7566ORGANIZER – CAPITAL LINK, INC. Founded in 1995, Capital Link is a New York based investor relations, financial communications and advisory firm with a strategic focus on the maritime, commodities and energy sectors, MLPs, as well as Closed-End Funds and ETFs. In addition, Capital Link organizes a series of investment conferences a year in key industry centers in the United States, Europe and Asia, all of which are known for combining rich educational and informational content with unique marketing and networking opportunities. Capital Link is a member of the Baltic Exchange. Based in New York City, Capital Link has presence in London, Athens & Oslo.
- GlobeNewswire
TEN Ltd. Declares Dividend on its Series C and Series F Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, Oct. 05, 2020 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: 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 approximately $0.5547 per share for its Series C Cumulative Redeemable Perpetual Preferred Shares (the “Series C Preferred Shares”; NYSE; TNPPRC) and $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE; TNPPRF). Each dividend of the Series C and F Preferred Shares is for the period from the most recent dividend payment date on July 30, 2020 through October 29, 2020.The dividend on the Series C and F Preferred Shares will be paid on October 30, 2020 to all holders of record of Series C and F Preferred Shares as of October 27, 2020. Dividends on the Series C and F Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year, when, as and if declared by TEN’s board of directors. This is the 28th dividend on the Series C and the ninth dividend on the Series F since their commencement of trading on the New York Stock Exchange.As previously announced, TEN has called for redemption all 2,000,000 of its outstanding 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE: TNP-PC) (the “Series C Preferred Shares”), which will occur on October 30, 2020 (the “Redemption Date”) at a redemption price equal to $25.00 per share.October 30, 2020 is also the final dividend payment date for the Series C Preferred Shares. The record date for that dividend is October 27, 2020. Payment of the final dividend of $0.5547 per Series C Preferred Share will be made on the redemption date of October 30, 2020. Dividends on the Series C Preferred Shares will cease to accumulate from and after the Redemption Date.TEN has 2,000,000 Series C Preferred Shares and 6,000,000 Series F Preferred Shares outstanding as of the date of this press release.ABOUT TSAKOS ENERGY NAVIGATION TEN, founded in 1993 and celebrating this year 27 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 65 double-hull vessels in the water, and one LNG carrier, two suezmax tankers and up to three suezmax DP2 shuttle tankers under construction, constituting a mix of crude tankers, product tankers and LNG carriers, exceeding 8.0 million dwt.ABOUT FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.For further information, please contact :Company Tsakos Energy Navigation Ltd. George Saroglou COO +30210 94 07 710 gsaroglou@tenn.grInvestor Relations / Media Capital Link, Inc. Nicolas Bornozis Markella Kara +212 661 7566 ten@capitallink.com
- GlobeNewswire
TEN Ltd. to Redeem all of its 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares
ATHENS, Greece, Sept. 30, 2020 (GLOBE NEWSWIRE) -- Tsakos Energy Navigation Ltd. (“TEN” or the “Company”) (NYSE: TNP), a leading diversified crude, product and LNG tanker operator, today announced that it has called for redemption all 2,000,000 of its outstanding 8.875% Series C Cumulative Redeemable Perpetual Preferred Shares (NYSE: TNP-PC) (the “Series C Preferred Shares”). The redemption of the Series C Preferred Shares will occur on October 30, 2020 (the “Redemption Date”). The redemption price will be equal to $25.00 per share. All shares of Series C Preferred Shares are held in book-entry form through the Depository Trust Company (“DTC”). The Series C Preferred Shares will be redeemed in accordance with the applicable procedures of DTC. Payment to DTC for the shares of Series C Preferred Shares will be made by Computershare Trust Company, LLC, as redemption agent (the “Redemption Agent”). The address for the Redemption Agent is as follows:Computershare Inc. 150 Royall Street Canton, MA 02021October 30, 2020 is also the final dividend payment date for the Series C Preferred Shares. The record date for that dividend is October 27, 2020. Payment of the final dividend of $0.5547 per Series C Preferred Share will be made on the redemption date of October 30, 2020. The dividend is for the period from the most recent dividend payment date on July 30, 2020 through October 29, 2020. Dividends on the Series C Preferred Shares will cease to accumulate from and after the Redemption Date.ABOUT TSAKOS ENERGY NAVIGATION TEN, founded in 1993 and celebrating this year 27 years as a public company, is one of the first and most established public shipping companies in the world. TEN’s diversified energy fleet currently consists of 65 double-hull vessels in the water, and one LNG carrier, one suezmax tanker and up to three suezmax DP2 shuttle tankers under construction, constituting a mix of crude tankers, product tankers and LNG carriers, exceeding 8.0 million dwt.FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.For further information, please contact:Company Tsakos Energy Navigation Ltd. George Saroglou COO +30210 94 07 710 gsaroglou@tenn.grInvestor Relations / Media Capital Link, Inc. Nicolas Bornozis Markella Kara +212 661 7566 ten@capitallink.com
