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Tsakos Energy Navigation Names Kosmatos as New Chief Financial Officer

Story Highlights
  • On March 3, 2026, Tsakos Energy Navigation’s Paul Durham resigned as Co-CFO and Chief Accounting Officer but stayed on as adviser.
  • The board promoted existing Co-CFO Theoharrys E. Kosmatos to Chief Financial Officer and Chief Accounting Officer, ensuring continuity in financial leadership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tsakos Energy Navigation Names Kosmatos as New Chief Financial Officer

Meet Samuel – Your Personal Investing Prophet

Tsakos Energy Navigation ( (TEN) ) just unveiled an announcement.

Tsakos Energy Navigation announced a leadership change in its finance function, effective March 3, 2026, as Paul Durham stepped down from his roles as Co-Chief Financial Officer and Chief Accounting Officer, though he will continue to support the company in an advisory capacity. The board simultaneously elevated existing Co-Chief Financial Officer Theoharrys E. Kosmatos to the positions of Chief Financial Officer and Chief Accounting Officer, signaling a continuity-focused transition in the firm’s financial leadership structure that may help maintain stability in reporting and capital markets engagement.

The most recent analyst rating on (TEN) stock is a Buy with a $33.00 price target. To see the full list of analyst forecasts on Tsakos Energy Navigation stock, see the TEN Stock Forecast page.

Spark’s Take on TEN Stock

According to Spark, TipRanks’ AI Analyst, TEN is a Outperform.

The score is driven primarily by solid underlying financial performance but tempered by negative 2024 free cash flow and high leverage during a heavy capex/newbuild phase. Offsetting that, valuation is attractive (low P/E and ~4.6% yield) and the earnings call indicated strong forward visibility via a $4B contracted backlog and high utilization. Technically, the uptrend is constructive, though momentum indicators are mixed (negative MACD).

To see Spark’s full report on TEN stock, click here.

More about Tsakos Energy Navigation

Tsakos Energy Navigation Limited is a Greece-based international maritime transportation company focused on seaborne energy logistics. The company operates a fleet of tankers that transport crude oil and petroleum products worldwide, serving major energy producers, refiners and traders across key global shipping routes.

Average Trading Volume: 353,868

Technical Sentiment Signal: Buy

Current Market Cap: $1.08B

Learn more about TEN stock on TipRanks’ Stock Analysis page.

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