(TEN) Tsakos Energy Navigation - Overview

Sector: Energy | Industry: Oil & Gas Midstream | Exchange: NYSE (USA) | Market Cap: 1.329m USD | Total Return: 149.8% in 12m

Crude Oil, Petroleum Products, Natural Gas, Marine Transportation
Total Rating 54
Safety 57
Buy Signal 0.36
Oil & Gas Midstream
Industry Rotation: +23.7
Market Cap: 1.33B
Avg Turnover: 12.8M
Risk 3d forecast
Volatility38.7%
VaR 5th Pctl6.74%
VaR vs Median5.88%
Reward TTM
Sharpe Ratio2.74
Rel. Str. IBD93.9
Rel. Str. Peer Group97
Character TTM
Beta0.443
Beta Downside0.647
Hurst Exponent0.555
Drawdowns 3y
Max DD52.64%
CAGR/Max DD0.83
CAGR/Mean DD2.64
EPS (Earnings per Share) EPS (Earnings per Share) of TEN over the last years for every Quarter: "2021-03": -0.71, "2021-06": -1.49, "2021-09": -1.72, "2021-12": -1.11, "2022-03": -0.12, "2022-06": 1.31, "2022-09": 1.48, "2022-12": 3.17, "2023-03": 2.94, "2023-06": 1.65, "2023-09": 0.83, "2023-12": 0.85, "2024-03": 1.6, "2024-06": 2.36, "2024-09": 0.67, "2024-12": 0.4, "2025-03": 0.9202, "2025-06": 0.67, "2025-09": 0.7514, "2025-12": 1.7, "2026-03": 0,
EPS CAGR: -32.84%
EPS Trend: -89.4%
Last SUE: -1.90
Qual. Beats: -1
Revenue Revenue of TEN over the last years for every Quarter: 2021-03: 4731, 2021-06: 4583, 2021-09: 131.562, 2021-12: 139.129, 2022-03: 149.704, 2022-06: 216.699, 2022-09: 223.742, 2022-12: 270.255, 2023-03: 261.212, 2023-06: 221.454, 2023-09: 186.659, 2023-12: 220.241, 2024-03: 201.589, 2024-06: 214.055, 2024-09: 200.158, 2024-12: 188.26, 2025-03: 197.051, 2025-06: 193.309, 2025-09: 186.228, 2025-12: 222.101, 2026-03: null,
Rev. CAGR: -8.42%
Rev. Trend: -92.5%
Last SUE: 3.05
Qual. Beats: 1

Warnings

High Debt while negative Cash Flow

Fakeout

Tailwinds

Supp Ema20, Rs(ibd) Leader, Tailwind, Pullback 52w, Confidence

Description: TEN Tsakos Energy Navigation

Tsakos Energy Navigation Limited (TEN) is an Athens-based maritime company specializing in the seaborne transportation of crude oil and refined petroleum products. The company operates a diversified fleet that includes VLCC, Suezmax, Aframax, and LNG carriers, serving national oil companies and global refiners under various chartering arrangements.

The tanker industry operates within a cyclical market where earnings are heavily influenced by global oil demand and the supply of available vessel tonnage. TEN utilizes a mix of long-term fixed-rate charters to ensure cash flow stability and spot market exposure to capture potential spikes in freight rates.

Investors can evaluate the companys valuation metrics and fleet age in more detail at ValueRay. Tsakos Energy Navigation Limited has been active in the sector since 1993 and maintains a global operational footprint.

Headlines to Watch Out For
  • Global crude oil demand fluctuations dictate spot market charter rates for tanker fleet
  • Expansion of LNG carrier fleet diversifies revenue streams into high-margin energy transport
  • Elevated geopolitical tensions increase ton-mile demand and drive up freight rate volatility
  • Strategic vessel sales and fleet modernization programs impact capital gains and net asset value
  • Fluctuating bunker fuel costs and interest rates directly influence quarterly operational margins
Piotroski VR-10 (Strict) 4.0
Net Income: 160.6m TTM > 0 and > 6% of Revenue
FCF/TA: -0.12 > 0.02 and ΔFCF/TA -3.15 > 1.0
NWC/Revenue: -3.03% < 20% (prev 5.20%; Δ -8.23% < -1%)
CFO/TA 0.07 > 3% & CFO 295.8m > Net Income 160.6m
Net Debt (1.60b) to EBITDA (413.9m): 3.87 < 3
Current Ratio: 0.95 > 1.5 & < 3
Outstanding Shares: last quarter (29.8m) vs 12m ago 0.64% < -2%
Gross Margin: 35.35% > 18% (prev 0.34%; Δ 3.50k% > 0.5%)
Asset Turnover: 20.85% > 50% (prev 21.69%; Δ -0.84% > 0%)
Interest Coverage Ratio: 2.52 > 6 (EBITDA TTM 413.9m / Interest Expense TTM 96.6m)
Altman Z'' 1.44
A: -0.01 (Total Current Assets 433.9m - Total Current Liabilities 458.0m) / Total Assets 3.95b
B: 0.19 (Retained Earnings 738.4m / Total Assets 3.95b)
C: 0.06 (EBIT TTM 243.8m / Avg Total Assets 3.83b)
D: 0.42 (Book Value of Equity 888.0m / Total Liabilities 2.09b)
Altman-Z'' = 1.44 = BB
Beneish M -2.78
DSRI: 1.61 (Receivables 53.8m/33.7m, Revenue 798.7m/804.1m)
GMI: 0.97 (GM 35.35% / 34.23%)
AQI: 0.68 (AQ_t 0.01 / AQ_t-1 0.02)
SGI: 0.99 (Revenue 798.7m / 804.1m)
TATA: -0.03 (NI 160.6m - CFO 295.8m) / TA 3.95b)
Beneish M = -2.78 (Cap -4..+1) = A
What is the price of TEN shares?

As of May 25, 2026, the stock is trading at USD 42.61 with a total of 573,620 shares traded.
Over the past week, the price has changed by +0.14%, over one month by +8.51%, over three months by +29.83% and over the past year by +149.79%.

Is TEN a buy, sell or hold?

Tsakos Energy Navigation has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy TEN.

  • StrongBuy: 2
  • Buy: 0
  • Hold: 0
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the TEN price?
Analysts Target Price 46 8%
Tsakos Energy Navigation (TEN) - Fundamental Data Overview as of 22 May 2026
Market Cap USD = 1.33b (1.33b USD * 1.0 USD.USD)
P/E Trailing = 9.9124
P/E Forward = 5.5741
P/S = 1.6639
P/B = 0.7152
P/EG = 2.53
Revenue TTM = 798.7m USD
EBIT TTM = 243.8m USD
EBITDA TTM = 413.9m USD
Long Term Debt = 1.49b USD (from longTermDebt, last quarter)
Short Term Debt = 309.8m USD (from shortTermDebt, last quarter)
Debt = 1.94b USD (from shortLongTermDebtTotal, last quarter) + Leases 8.02m
Net Debt = 1.60b USD (calculated: Debt 1.94b - CCE 333.8m)
Enterprise Value = 2.93b USD (1.33b + Debt 1.94b - CCE 333.8m)
Interest Coverage Ratio = 2.52 (Ebit TTM 243.8m / Interest Expense TTM 96.6m)
EV/FCF = -5.99x (Enterprise Value 2.93b / FCF TTM -489.7m)
FCF Yield = -16.70% (FCF TTM -489.7m / Enterprise Value 2.93b)
FCF Margin = -61.32% (FCF TTM -489.7m / Revenue TTM 798.7m)
Net Margin = 20.11% (Net Income TTM 160.6m / Revenue TTM 798.7m)
Gross Margin = 35.35% ((Revenue TTM 798.7m - Cost of Revenue TTM 516.4m) / Revenue TTM)
Gross Margin QoQ = 40.93% (prev 32.63%)
Tobins Q-Ratio = 0.74 (Enterprise Value 2.93b / Total Assets 3.95b)
Interest Expense / Debt = 4.99% (Interest Expense 96.6m / Debt 1.94b)
Taxrate = 21.0% (US default 21%)
NOPAT = 192.6m (EBIT 243.8m * (1 - 21.00%))
Current Ratio = 0.95 (Total Current Assets 433.9m / Total Current Liabilities 458.0m)
Debt / Equity = 1.06 (Debt 1.94b / totalStockholderEquity, last quarter 1.82b)
Debt / EBITDA = 3.87 (Net Debt 1.60b / EBITDA 413.9m)
 Debt / FCF = -3.27 (negative FCF - burning cash) (Net Debt 1.60b / FCF TTM -489.7m)
 Total Stockholder Equity = 1.79b (last 4 quarters mean from totalStockholderEquity)
RoA = 4.19% (Net Income 160.6m / Total Assets 3.95b)
RoE = 8.96% (Net Income TTM 160.6m / Total Stockholder Equity 1.79b)
RoCE = 7.44% (EBIT 243.8m / Capital Employed (Equity 1.79b + L.T.Debt 1.49b))
RoIC = 5.55% (NOPAT 192.6m / Invested Capital 3.47b)
WACC = 5.41% (E(1.33b)/V(3.27b) * Re(7.55%) + D(1.94b)/V(3.27b) * Rd(4.99%) * (1-Tc(0.21)))
Discount Rate = 7.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 90.68 | Cagr: 0.47%
 [DCF] Fair Price = unknown (Cash Flow -489.7m)
 EPS Correlation: -89.41 | EPS CAGR: -32.84% | SUE: -1.90 | # QB: -1
Revenue Correlation: -92.49 | Revenue CAGR: -8.42% | SUE: 3.05 | # QB: 1
EPS current Quarter (2026-06-30): EPS=2.40 | Chg30d=+96.72% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=6.14 | Chg30d=+0.00% | Revisions=+20% | GrowthEPS=+52.5% | GrowthRev=+15.1%
EPS next Year (2027-12-31): EPS=2.94 | Chg30d=+0.00% | Revisions=-20% | GrowthEPS=-52.2% | GrowthRev=-7.8%
[Analyst] Revisions Ratio: +20%