Tsakos Energy Navigation (TNP) Tops Q3 EPS by 3c
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Tsakos Energy Navigation Reports Strong Third Quarter and Nine Months 2015 Financial Results
November 6, 2015 9:27 AM ESTATHENS, GREECE -- (Marketwired) -- 11/06/15 -- Tsakos Energy Navigation Limited (NYSE: TNP)
NINE MONTHS AND RECENT HIGHLIGHTS
Net income for the first nine months of 2015 of $118.6 million ($1.28 per share) compared to $20.0 million ($0.18 per share) for the first nine months of 2014, a sixfold increase Net income in the third quarter 2015 of $40.0 million ($0.42 per basic and diluted share) compared to $5.2 million ($0.04 per basic and diluted share) in third quarter 2014, an eightfold increase Adjusted EBITDA of $217.4 million for the first nine months of 2015 against $124.1 million in the 2014... MoreTransAtlantic Petroleum Announces Third Quarter 2015 Financial Results and Provides Operational Update
November 5, 2015 5:04 PM ESTHAMILTON, Bermuda, Nov. 5, 2015 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum Ltd. (NYSE-MKT: TAT) (TSX: TNP) (the "Company" or "TransAtlantic") today announced financial results for the quarter ended September 30, 2015 and provided an update on its operations.
Third Quarter 2015 Highlights
Revenue of $20.2 million Consolidated Adjusted EBITDAX from continuing operations of $14.9 million (Adjusted EBITDAX is a non-GAAP financial measure that is defined and reconciled to net income (loss) from continuing operations at the end of this press release) Average net sales production of 5,018 BOEPD (comprised of 4,077... MoreTransAtlantic Petroleum Announces Third Quarter 2015 Financial Results and Provides Operational Update
November 5, 2015 5:03 PM ESTHAMILTON, Bermuda, Nov. 5, 2015 (GLOBE NEWSWIRE) -- TransAtlantic Petroleum Ltd. (NYSE-MKT: TAT) (TSX: TNP) (the "Company" or "TransAtlantic") today announced financial results for the quarter ended September 30, 2015 and provided an update on its operations.
Third Quarter 2015 Highlights
Revenue of $20.2 million Consolidated Adjusted EBITDAX from continuing operations of $14.9 million (Adjusted EBITDAX is a non-GAAP financial measure that is defined and reconciled to net income (loss) from continuing operations at the end of this press release) Average net sales production of 5,018 BOEPD (comprised of 4,077... More