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Tsakos Energy Navigation Limited - $TNP STOCK NEWS

Welcome to our dedicated page for Tsakos Energy Navigation news (Ticker: $TNP), a resource for investors and traders seeking the latest updates and insights on Tsakos Energy Navigation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Tsakos Energy Navigation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Tsakos Energy Navigation's position in the market.

Rhea-AI Summary

TEN (NYSE: TNP) announced the delivery of six environmentally friendly vessels since the beginning of 2024. These vessels include three Dual-Fuel LNG LR2 product tankers and three other tankers, one of which was delivered on May 14, 2024. A seventh vessel, a scrubber-fitted Aframax, is expected to be delivered by the end of May 2024. All vessels are employed on time-charter contracts with profit-sharing provisions, expected to generate minimum gross revenues exceeding $200 million. The company aims for a fully 'green' fleet by 2030, with eight more vessels currently under construction.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1%
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Rhea-AI Summary

TEN, (NYSE: TNP) announced that its Founder and CEO, Dr. Nikolas Tsakos, will be interviewed on the Claman Countdown program on Fox Business Network on Friday, May 17, 2024, from 3.15 p.m. to 3.45 p.m. EST. The interview will focus on the company's record performance in 2023, recent developments, and strategic outlook in the global energy and shipping markets. Dr. Tsakos will discuss key industry trends and future opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.53%
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none
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Rhea-AI Summary

TEN (NYSE: TNP), a key player in the energy and shipping sectors, announced that its Founder and CEO, Dr. Nikolas Tsakos, will be interviewed live today on the Schwab Network. Dr. Tsakos is set to discuss the company's record performance in 2023, strategic developments, and the global energy and shipping markets. The interview will feature insights on industry trends and future opportunities, aimed at providing a comprehensive sector outlook. The interview is scheduled for 2:20 pm EST today and can be watched live through the provided link.

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Rhea-AI Sentiment
End-of-Day
2.7%
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TEN (TEN) (NYSE: TNP) has filed its Annual Report on Form 20-F for the year ended December 31, 2023, with the SEC. Shareholders can access the report on the company's website or request a free hard copy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
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Rhea-AI Summary

TEN declared a regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares. The dividend is for the period from February 28, 2024, through May 27, 2024, and will be paid on May 28, 2024. The Series E Preferred Shares have been trading on the NYSE and this is the 29th dividend announced.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.68%
Tags
dividends
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Rhea-AI Summary
TEN announces the sale of the Aframax tanker Izumo Princess, adding $37 million to their cash balances. The sale marks the divestment from first-generation assets in favor of eco-vessels, with 16 new acquisitions averaging 1.2 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.24%
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none
Rhea-AI Summary
TEN (TNP) declares a regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares. The dividend will be paid on April 30, 2024, to holders of record as of April 25, 2024. This marks the 23rd dividend on the Series F since their commencement of trading on the NYSE.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
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dividends
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Rhea-AI Summary
TEN, (TEN) reports record annual profits exceeding $300 million, a 60% increase, with an EPS of $9.93 and EBITDA of $490 million. The company saw a 100% rise in common dividends, showcasing dynamic growth and a fleet renewal with a green ship initiative. Market fundamentals remain robust for TEN.
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Rhea-AI Sentiment
End-of-Day
-0.51%
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dividends earnings
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Rhea-AI Summary
TEN, (TNP) will report Q4 and full-year 2023 earnings on March 27, 2024, followed by a conference call to discuss results and the business outlook. Participants can join the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.43%
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none
Rhea-AI Summary
TEN Ltd. announced a regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares. The dividend is payable on February 28, 2024, to all holders of record as of February 23, 2024. TEN has 4,745,947 Series E Preferred Shares outstanding as of the date of this press release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
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dividends
Tsakos Energy Navigation Limited

NYSE:TNP

TNP Rankings

TNP Stock Data

890.18M
21.76M
0.19%
19.92%
0.65%
Deep Sea Freight Transportation
Transportation and Warehousing
Link
United States of America
Athina

About TNP

tsakos energy navigation ltd (tnp) is a maritime company.