Tag Archives: TNP

Shipping Stocks dividends 2009, Part II

By Tim | Published: June 3, 2009
A couple of days ago I started a series of articles to review the dividends paid in the first half of 2009 by the shipping stocks I follow on this site. You can read the 1st article here. There are 25 stocks on my list that paid a distribution so far this year and I [...]
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Tsakos Energy Navigation reports year end results

By Tim | Published: May 22, 2009
http://www.tenn.gr/en/financial/TNP-Q4-YE2008-Earnings-Release.pdf Linked above is the most recent earnings report for Tsakos Energy Navigation TNP. The company operates a fleet of both crude and product tankers and will charter them short (spot), medium and long term. The company seems to be conservatively managed with significant cash balances and a manageable amount of debt. The recent earnings release for [...]
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Tsakos Energy Navigation year end results

By Tim | Published: March 25, 2009
ten031909.pdf application/pdf Object. Tsakos Energy Navigation TNP operates a fleet of 46 tankers of varying sizes in both crude and petroleum product transport. About 75% of the fleet is on fixed charters or charters with profit share and min payments. The balance earns on the spot market. For 2008 TNP reported earnings of $5.33 per share and [...]
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