Tsakos Energy Navigation (TEN) AI Stock Analysis

• Market Cap: $760.42M
• Dividend Yield: 6%
• Average Volume (3M): 243.77K
• Price to Earnings (P/E): 9.1
• Beta (1Y): 0.96
• Revenue Growth: -8.52%
• EPS Growth: -42.05%
• Country: US
• Employees: 77
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Midstream
• EPS (TTM): 0.75
• Shares Outstanding: 30,127,604
• 10 Day Avg. Volume: 238,999
• 30 Day Avg. Volume: 243,774
• PEG Ratio: -0.07
• Price to Book (P/B): 0.30
• Price to Sales (P/S): 0.64
• P/FCF Ratio: -1.49
• Enterprise Value/Market Cap: 0.00
• Enterprise Value/Revenue: 0.00
• Enterprise Value/Gross Profit: 0.00
• Enterprise Value/Ebitda: 0.00
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 79 Outperform
• Price Target: $29.00 ▲(28.89% Upside)

Tsakos Energy Navigation's strong earnings call performance and attractive valuation are the most significant factors driving the score. The company's solid future revenue stream and strategic fleet expansion provide a positive outlook. Technical indicators support bullish momentum, while financial performance highlights the need for improved cash flow management.

Tsakos Energy Navigation Business Overview & Revenue Model

Company Description

Tsakos Energy Navigation (TEN) is a leading independent tanker company that specializes in the transportation of crude oil and petroleum products. Founded in 1993 and headquartered in Greece, TEN operates a modern fleet of vessels that include Aframax, Suezmax, and LNG carriers. The company is committed to providing high-quality shipping services through its diverse portfolio, which serves clients in the energy sector, including oil companies, trading houses, and other shipping enterprises. TEN is also engaged in the management of its vessels, ensuring compliance with international maritime safety and environmental standards.

How the Company Makes Money

Tsakos Energy Navigation generates revenue primarily through the chartering of its vessels to various clients, including oil and gas companies. The company employs a mix of spot and time charters, allowing it to capitalize on fluctuating market rates for shipping services. Key revenue streams include long-term contracts with major oil companies for the transportation of crude oil and refined products, as well as short-term spot charters that take advantage of favorable market conditions. Additionally, TEN may benefit from strategic partnerships with energy companies, enhancing its operational efficiency and securing consistent business. The company also manages its vessels to generate supplemental income, further diversifying its revenue sources.

Tsakos Energy Navigation Financial Statement Overview

Summary

Tsakos Energy Navigation shows strong profitability and equity growth, but faces challenges with revenue fluctuations and high leverage. Cash flow management is crucial due to recent high capital expenditures impacting free cash flow.

Income Statement

The company's revenue showed notable volatility with a decline in 2024 after strong growth in prior years. Gross profit margin and net profit margin reflect solid profitability in recent years, improving significantly from 2021. However, recent declines in revenue and net income in 2024 highlight potential demand fluctuations or operational challenges.

Balance Sheet

The company maintains a stable equity position with a significant improvement in stockholders' equity over recent years. The debt-to-equity ratio remains relatively high, indicating substantial leverage, but a strong equity ratio provides a buffer. The return on equity is strong, reflecting effective use of equity capital despite high leverage.

Cash Flow

The company's operating cash flow has been robust, yet free cash flow turned significantly negative in 2024 due to high capital expenditures. The free cash flow to net income ratio was negative, indicating cash flow challenges, but strong operating cash flow provides some comfort. The company must manage capital spending to improve free cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	799.52M	804.06M	889.57M	860.40M	546.12M	644.13M
Gross Profit	274.83M	275.27M	370.01M	286.65M	1.46M	160.96M
EBITDA	386.38M	434.74M	555.78M	371.39M	99.15M	218.00M
Net Income	159.91M	176.23M	300.18M	204.23M	-151.40M	24.00M
Balance Sheet
Total Assets	3.67B	3.71B	3.36B	3.31B	2.89B	3.11B
Cash, Cash Equivalents and Short-Term Investments	349.58M	343.37M	372.03M	304.37M	117.19M	160.47M
Total Debt	1.71B	1.76B	1.60B	1.67B	1.47B	1.57B
Total Liabilities	1.89B	1.94B	1.71B	1.79B	1.60B	1.73B
Stockholders Equity	1.78B	1.73B	1.62B	1.47B	1.24B	1.35B
Cash Flow
Free Cash Flow	-417.30M	-342.34M	96.89M	-44.84M	-8.12M	17.18M
Operating Cash Flow	232.73M	307.68M	395.28M	288.53M	53.11M	205.42M
Investing Cash Flow	-244.59M	-441.61M	-137.44M	-301.81M	-8.00M	-94.61M
Financing Cash Flow	16.18M	105.54M	-190.58M	195.53M	-89.68M	-136.80M

Tsakos Energy Navigation Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 22.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TEN, the sentiment is Positive. The current price of 22.5 is below the 20-day moving average (MA) of 24.61, below the 50-day MA of 23.28, and above the 200-day MA of 19.36, indicating a bullish trend. The MACD of 0.62 indicates Positive momentum. The RSI at 55.54 is Neutral, neither overbought nor oversold. The STOCH value of 35.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TEN.

Tsakos Energy Navigation Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TEN	79 Outperform	$760.42M	9.14	6.76%	6.00%	-8.52%	-42.05%
FLNG	79 Outperform	$1.45B	14.76	12.79%	11.52%	-3.20%	6.76%
NVGS	79 Outperform	$1.25B	11.99	8.57%	1.22%	2.46%	33.89%
TNK	78 Outperform	$2.15B	6.91	17.02%	3.21%	-20.11%	-26.44%
DHT	72 Outperform	$2.20B	11.04	18.81%	5.39%	-16.45%	23.94%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%

Tsakos Energy Navigation Corporate Events

Tsakos Energy Navigation Appoints New Board Member to Strengthen Leadership

On October 27, 2025, Tsakos Energy Navigation Limited appointed Clio Hatzimichalis, the company’s General Counsel since 2015, to its Board of Directors, increasing the board to ten members, with a majority being independent directors. This strategic move enhances the company’s governance structure and reflects its commitment to strong leadership, potentially strengthening its position in the competitive shipping industry.

Tsakos Energy Navigation Reports Decline in Q2 2025 Voyage Revenues Amid Market Challenges

In the second quarter of 2025, Tsakos Energy Navigation reported a 9.7% decline in voyage revenues compared to the same period in 2024, primarily due to weaker tanker market rates despite favorable market fundamentals like rising global oil demand and geopolitical tensions. The company saw an increase in fleet utilization to 96.6%, driven by fewer spot voyage arrangements and an increase in vessels operating under fixed-rate time charters, supported by the acquisition of new vessels and the impact of EU Emissions Trading System allowances. However, the overall revenue decrease was also influenced by reduced employment days due to dry-dockings and repositioning voyages.