TEN Ltd. Announces the Sale of a 2005-Built Suezmax Tanker and Completion of the First Phase of Its Dual-Fuel Renewal Program

$TNP
Marine Transportation
Consumer Discretionary
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Recent Analyst Ratings for
$TNP

DatePrice TargetRatingAnalyst
9/6/2022$12.00 → $25.00Hold → Buy
Jefferies
7/21/2022$12.00Hold
Jefferies
4/27/2022$15.00Buy
Jefferies
12/16/2021$12.00 → $10.00Buy
Jefferies
More analyst ratings

$TNP
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  • TEN Ltd. NYSE Ticker Change to "TEN" Effective Today

    ATHENS, Greece, July 01, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. (the "Company"), a leading diversified crude, product, and LNG tanker operator, would like to remind its shareholders and the investing public of the new ticker symbol that comes into effect today. As such, the Company's common shares will immediately transition from "TNP" to "TEN" on the New York Stock Exchange ("NYSE"), where it will continue to be listed under the name "Tsakos Energy Navigation Limited." Additionally, the ticker symbols for the Company's Series E Cumulative Perpetual Preferred Shares ("Series E Preferred Shares") and Series F Cumulative Perpetual Preferred Shares ("Series F Preferred Shares") will also chang

    $TEN
    $TNP
    Marine Transportation
    Consumer Discretionary
  • TEN, Ltd. Holds its Thirty First Annual General Meeting

    ATHENS, Greece, June 21, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. ("TEN") (NYSE:TNP) (the "Company"), a leading crude, product, and LNG tanker operator, announced today that the Company's General Annual Meeting of Shareholders was duly held in Athens on June 14, 2024 pursuant to a Notice of Annual Meeting of Shareholders dated May 3, 2024 ("the Notice"). At the meeting which was conducted with a quorum of its common shares represented in person or by proxy, all of the resolutions proposed were approved by at least 89,27% or higher of the votes cast. ABOUT TSAKOS ENERGY NAVIGATIONTEN, founded in 1993 and celebrating this year 31-years as a public company, is one of the first and most establish

    $TNP
    Marine Transportation
    Consumer Discretionary
  • TEN, Ltd. Reports Profits for the First Quarter 2024 and Sets Date for First Common Share Semi-Annual Dividend of $0.60

    Dividend doubles from amount paid at same time last year Significant fleet renewal - increased sale & purchase and newbuilding activity since beginning of 2024 Green initiative on target - Six Dual-Fuel LNG vessels fully operational New NYSE Ticker Symbol "TEN" effective July 1st, 2024 Tanker market fundamentals remain solid ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TNP) (the "Company") today reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTSThe first quarter of 2024 has been the springboard for TEN's green drive with a series of vessel renewals and future growth initiatives. Dur

    $TNP
    Marine Transportation
    Consumer Discretionary

$TNP
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  • TEN Ltd. Announces Delivery of Six Environmentally Friendly Vessels Since the Beginning of 2024

    Green-growth initiative program in progress Strong tanker market fundamentals   ATHENS, Greece, May 16, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (NYSE:TNP) (the "Company") announces that following the delivery of three vessels since the beginning of 2024, the Dual-Fuel LNG LR2 product tankers "Ithaki DF", "Chios DF" and "DF Montmartre", three more vessels have recently joined the fleet and consist of the 2023-built Dual-Fuel LNG LR2 product tanker "DF Mystras", the 2018-built scrubber fitted 1A Ice Class, Aframax "Alpes"and the 2018-built Super Eco Suezmax, "Poppy S" which was delivered on May 14, 2024. An additional seventh vessel, the 2019-built scrubber fitted 1A Ice Class, Aframax "Aspen",

    $TNP
    Marine Transportation
    Consumer Discretionary
  • TEN Ltd. Announces the Acquisition of a Fleet of Five Modern Environmentally-Friendly Vessels

    Vessels chartered to a major energy company Three vessels to be delivered with Special-Survey passed LNG-powered tankers in TEN's fleet increase to six 11 eco-friendly vessels to join the fleet ATHENS, Greece, Jan. 31, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TNP) (the "Company") announces the acquisition of five high-spec environmentally-friendly vessels from Norway's Viken Crude AS. The fleet is comprised of two 2023-built Dual-Fuel LNG LR2 aframaxes, one 2019-built super-eco suezmax and two 1A ice-class scrubber-fitted aframaxes built in 2018 and 2019 respectively. The vessels have an average employment of two years with fixed and profit-sharing features totaling over $100 mil

    $TNP
    Marine Transportation
    Consumer Discretionary
  • TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares

    ATHENS, Greece, Jan. 07, 2021 (GLOBE NEWSWIRE) -- TEN Ltd. (“TEN”) (NYSE: TNP) (the “Company”), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the “Series F Preferred Shares”; NYSE: TNPPRF). Each dividend of the Series F Preferred Shares is for the period from the most recent dividend payment date on October 30, 2020 through January 29, 2021. The dividend on the Series F Preferred Shares will be paid on February 1, 2021 to all holders of record of Series F Preferred Shares as of Janua

    $TNP
    Marine Transportation
    Consumer Discretionary

$TNP
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  • TEN, Ltd. Reports Profits for the First Quarter 2024 and Sets Date for First Common Share Semi-Annual Dividend of $0.60

    Dividend doubles from amount paid at same time last year Significant fleet renewal - increased sale & purchase and newbuilding activity since beginning of 2024 Green initiative on target - Six Dual-Fuel LNG vessels fully operational New NYSE Ticker Symbol "TEN" effective July 1st, 2024 Tanker market fundamentals remain solid ATHENS, Greece, June 20, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TNP) (the "Company") today reported results (unaudited) for the quarter ended March 31, 2024. Q1 2024 SUMMARY RESULTSThe first quarter of 2024 has been the springboard for TEN's green drive with a series of vessel renewals and future growth initiatives. Dur

    $TNP
    Marine Transportation
    Consumer Discretionary
  • TEN, Ltd. Announces Date of First Quarter 2024 Results, Conference Call and Webcast

    ATHENS, Greece, May 31, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd. ("TEN" or the "Company") (NYSE:TNP) a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the first quarter ended on March 31, 2024 prior to the open of the market in New York on Thursday, June 20, 2024. That same day, at 10:00 a.m. Eastern Time, TEN will host a conference call to review the results as well as the management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details:Participants should dial into the call 10 minute

    $TNP
    Marine Transportation
    Consumer Discretionary
  • TEN Ltd. Declares Dividend on its Series E Cumulative Perpetual Preferred Shares

    ATHENS, Greece, May 08, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. ("TEN") (NYSE:TNP) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of $0.578125 per share for its Series E Cumulative Perpetual Preferred Shares (the "Series E Preferred Shares"; NYSE; TNPPRE). The dividend on the Series E Preferred Shares is for the period from the most recent dividend payment date of February 28, 2024 through May 27, 2024. The dividend on the Series E Preferred Shares will be paid on May 28, 2024 to all holders of record of Series E Preferred Shares as of May 22, 2024. Dividends on the Series E

    $TNP
    Marine Transportation
    Consumer Discretionary

$TNP
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