Tsakos Energy Navigation (TNP) Reports Q4 Revenues Above Estimates

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Go back to Tsakos Energy Navigation (TNP) Reports Q4 Revenues Above Estimates

TEN Ltd. Reports Fourth Quarter Profits and Year End 2018 Results and Declares Dividend of $0.05 Per Common Share

March 29, 2019 8:01 AM EDT

$66m EBITDA in Profitable Fourth Quarter Before Non-Cash Impairment

Healthy EBITDA and Positive Cash Operating Income in a Challenging 2018

$1.2 billion in Minimum Contracted Revenue including Accretive LNG Charters

Favorable Market Prospects Continue

ATHENS, Greece, March 29, 2019 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TNP) (the Company) reports results (unaudited) for the fourth quarter and year ended December 31, 2018.

FOURTH QUARTER 2018 RESULTSIn the... More