Tsakos Energy Navigation (TNP) Misses Q4 EPS by 27c, Revenues Beat

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TEN Ltd. Reports Profits for Fourth Quarter and Year End 2019 and Declares Dividend of $0.05 per Common Share

March 24, 2020 8:00 AM EDT

200% Increase in Operating Income before impairments Y-o-Y

$208 million Repayment of Debt and Preferred in 2019

Very Firm Current Rates - Market Long Fundamentals Favorable

Initiating $50 million Stock Buyback Program

ATHENS, Greece, March 24, 2020 (GLOBE NEWSWIRE) -- TEN, Ltd. (TEN) (NYSE: TNP) (the Company) reports results (unaudited) for the fourth quarter and the year ended December 31, 2019.

2019 YEAR RESULTSIn 2019, TEN produced profits of... More