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Tsakos Energy Navigation (NYSE:TEN) outlined its tanker-market strategy, fleet expansion plans and recent earnings performance during the Lytham Partners Fall 2026 Investor Conference, with Advisor to the Board and head of investor relations Mike Kimble emphasizing the company’s long-term contracts
Dynamic Fleet Growth on Track Five New-Technology Panamaxes on Order Tanker Market Fundamentals Remain Strong ATHENS, Greece, Sept. 28, 2026 (GLOBE NEWSWIRE) -- TEN, Ltd. (NYSE: TEN) (the “Company”) today reported the sale of the oldest vessel in its fleet, the 2003 Japanese-built Panamax tanker Andes, to independent third parties. The sale generated approximately $13.0 million of free cash and registered a $4.6 million capital gain, to be recorded in the third quarter of 2026. “The Company has
Why Tsakos Energy Navigation’s Latest Earnings Matter Tsakos Energy Navigation (TEN) just posted a sharp jump in profitability for the second quarter of 2026, with higher earnings tied to war related cargo rerouting, firm charter contracts, and ongoing fleet expansion. That earnings surge has coincided with a strong run in Tsakos Energy Navigation’s shares, with the stock up 3.59% on a 1 day basis and a 30 day share price return of 19.71%, taking it to US$49.62. The year to date share price...
Wall Street’s bearish price targets for the stocks in this article signal serious concerns. Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
NEW YORK, Sept. 14, 2026 (GLOBE NEWSWIRE) -- Senior executives from leading Dry Bulk, Gas, & Tanker shipping companies will participate on panels at the 18th Annual Capital Link New York Maritime Forum, taking place on Wednesday, September 30, 2026, at the Metropolitan Club in New York City. The event is organized in partnership with DNB Carnegie, and in cooperation with Nasdaq and NYSE. The Forum features a series of panel discussions as well as 1×1 meetings between investors and executives fro
On September 10, Tsakos Energy Navigation (NYSE:TEN) reported a first half of 2026 that reads like a fantasy year for a decades-old tanker operator. Net income hit $228 million, more than triple what the company earned over the same six months a year earlier, while diluted EPS climbed to $7.12 from $1.70. Behind those numbers […]
A number of stocks jumped in the afternoon session after escalating attacks on Middle East shipping corridors and production shut-ins raised concerns over severe global crude shortages. Crude benchmarks were on track for an 8% weekly advance as security risks surrounding regional pipelines and shipping channels threatened prolonged oil flow disruptions. Amplifying market concerns, Reuters reported that the International Energy Agency (IEA) forecast a massive drop in global oil supply of 5.7 mill
Tsakos Energy Navigation Ltd (TEN) posts blowout Q2 2026 results with EPS up 557% to $4.40, $466 million in cash, and nearly $3.5 billion in forward committed earnings.
Moby summary of Tsakos Energy Navigation Limited's Q2 2026 earnings call
300% plus increase in six-month net income to $7.12 per shareRecord revenues of $550 million in first half of 2026Net income of $4.40 per share in Q2 2026$3.6 billion in minimum contracted revenueDynamic growth of 26 vessels under construction, seven of which already delivered$1.50 in common stock dividends paid in 2026Tanker Market Fundamentals Remain Strong ATHENS, Greece, Sept. 10, 2026 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE: TEN) (the “Company”) today reported results (unaudited) for the six mon
Steel pipe manufacturer Tenaris (NYSE:TEN) will be announcing earnings results this Thursday before market open. Here’s what to look for.
NEW YORK, Sept. 08, 2026 (GLOBE NEWSWIRE) -- Senior executives from leading shipping companies and the US Administration will participate in panels at Capital Link’s 18th Annual New York Maritime Forum, taking place on Wednesday, September 30, 2026, at the Metropolitan Club in New York City. The event is organized in partnership with DNB Carnegie, and in cooperation with Nasdaq and NYSE. The Forum features a series of panel discussions as well as 1×1 meetings between investors and executives fro
Dynamic renewal program on schedule7 of 26 newbuildings successfully delivered & chartered $3.5 billion in future minimum secured revenues ATHENS, Greece, Sept. 01, 2026 (GLOBE NEWSWIRE) -- TEN Ltd (NYSE: TEN). Following the recent delivery of the shuttle tanker Anfield from Samsung shipyard in South Korea in late July, TEN announced today the sale of two 2006-built Suezmax tankers. This transaction will release in excess of $100 million to the company’s cash reserves. “In line with our stated p
NEW YORK, Aug. 27, 2026 (GLOBE NEWSWIRE) -- Senior executives from 19 leading shipping companies will participate on panels and presentations at the 18th Annual Capital Link Shipping & Marine Services Forum, taking place on Tuesday, September 15, 2026, at 116 Pall Mall, in London. Keynote Speakers: Minister Keir Mather MP, Parliamentary Under-Secretary of State (Minister for Aviation, Maritime and Decarbonisation), Department for Transport, United KingdomMinister Marina Hadjimanolis, Shipping De
Whether you see them or not, energy businesses play a crucial part in our daily activities, from powering our homes and businesses to powering our transportation and industries.Sure, they are at the whim of energy prices and other macroeconomic factors that influence capital spending (like interest rates and AI energy needs), but the industry has held its ground over the past six months as its 10.6% return was almost identical to the S&P 500.
ATHENS, Greece, Aug. 20, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE: TEN) (“TEN” or the “Company”) a leading diversified crude and LNG tanker operator, announced that it will report financial results for the second quarter and six months ended June 30, 2026, prior to the open of the market in New York on Thursday, September 10, 2026. That same day at 10:00 am Eastern Time, TEN will host a conference call to review the results as well as the management’s outlook for the business. The call, which wil
Even if a company is profitable, it doesn’t always mean it’s a great investment. Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
Global X's DIV ETF hands retirees a 7% yield paid out every single month, but the 50 stocks generating that income include shipping firms riding tanker cycles, mall REITs with foreclosures in progress, and MLPs that swing dividends by thousands of percent depending on commodity prices.
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