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Tsakos Energy Navigation Reports Strong Q1 2025 Results and Announces Major Fleet Expansion

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Tsakos Energy Navigation Reports Strong Q1 2025 Results and Announces Major Fleet Expansion

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Tsakos Energy Navigation ( (TEN) ) has shared an update.

On June 17, 2025, Tsakos Energy Navigation (TEN) announced its financial results for the first quarter of 2025, reporting a net income of $37.7 million and an EBITDA of $103 million. The company declared a semi-annual dividend of $0.60 per share and highlighted a robust growth strategy, including a significant contract with Transpetro/Petrobras to build nine DP2 Shuttle Tankers, enhancing its fleet and market position. TEN’s strategic focus on long-term contracts and fleet expansion is set to strengthen its industry standing, with a contracted revenue backlog of approximately $3.7 billion, indicating a positive outlook for stakeholders.

The most recent analyst rating on (TEN) stock is a Buy with a $32.00 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 overall stock score is primarily driven by the company’s robust earnings call performance and attractive valuation metrics, which highlight strong future income potential and a high dividend yield. While financial performance shows strength in profitability, challenges such as cash flow management and market volatility are notable. Technical indicators suggest overbought conditions, warranting cautious optimism.

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

More about Tsakos Energy Navigation

Tsakos Energy Navigation (TEN) is a prominent player in the maritime transportation industry, specializing in the operation of tankers. The company focuses on providing energy transportation services, primarily through its fleet of conventional and shuttle tankers. TEN is strategically positioned in the market with a significant presence in the Brazilian offshore sector, bolstered by its long-term contracts with major oil companies.

Average Trading Volume: 353,193

Technical Sentiment Signal: Buy

Current Market Cap: $612.8M

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

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