Tsakos Energy Navigation (TNP) Declares $0.08 Quarterly Dividend; 5.2% Yield
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
Tsakos Energy Navigation Reports Solid First Quarter 2016 Financial Results and Declares Next Dividend
May 31, 2016 8:39 AM EDTATHENS, GREECE -- (Marketwired) -- 05/31/16 -- Tsakos Energy Navigation Limited (NYSE: TNP)
FIRST QUARTER AND RECENT HIGHLIGHTS
Net income of $25.4 million or $0.25 per basic and diluted share EBITDA of $60 million -- All vessels earned positive EBITDA 95.3% utilization from 99.3% in the first quarter of 2015 due to accelerated dry dockings for regulatory upgradings Daily time charter equivalent ("TCE") revenues of $23,378 per ship against operating expenses of $7,890 per ship per day Charter coverage, to date, at 57.4% for 2016 -- Total fleet fixed minimum revenues at $1.5... More