Tsakos Energy Navigation Limited (TEN) Q2 2026 Earnings Call Transcript
Tsakos Energy Navigation NYSE: TEN reported record second-quarter and first-half results for 2026, citing stronger tanker markets, higher profit-sharing income and continued demand for long-term vessel charters.
Tsakos Energy Navigation remains undervalued, with a prior target of $50 per share based on strong earnings expectations. TEN's sale of a VLCC for $83 million post-debt strengthens its capital buffer and reflects disciplined capital allocation. TEN continues its diversification strategy, adding a second LNG carrier at $254 million.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| LN Louis Navellier NAVELLIER & ASSOCIATES Inc. | 96,633 | $3.83M | $4.76M | $928,690.38 | 24.24% |
| NA Nizar Araji National Bank Of Canada /FI/ | 91 | $1,828.1 | $3,565.38 | $1,737.28 | 95.03% |
Point72 Asset Management LP Point72 Asset Management LP | 201,791 | $6.63M | $8.36M | $1.73M | 26.17% |
Daniel Russell Naviter Wealth LLC | 7,070 | $279,481.4 | $351,166.9 | $71,685.5 | 25.65% |
| KMT Kirk M. Tokheim Ameritas Advisory Services LLC | 682 | $27,089.04 | $28,268.9 | $1,179.86 | 4.36% |
| Oil, Gas & Consumable Fuels Industry | Energy Sector | Nikolas Tsakos CEO | NYSE Exchange | G9108L173 CUSIP |
| GR Country | 77 Employees | 23 Jul 2026 Last Dividend | 1 Jul 2020 Last Split | - IPO Date |
Tenneco Inc. is a global leader in the design, manufacture, and sales of essential clean air and powertrain products and systems for a variety of markets including light vehicle, commercial truck, off-highway, industrial, motorsport, and the aftermarket. With a diverse product lineup and a commitment to innovation, Tenneco operates through four main segments: Motorparts, Performance Solutions, Clean Air, and Powertrain. Originally known as Tenneco Automotive Inc., the company rebranded to Tenneco Inc. in 2005, reflecting its broadened scope and focus on technology-driven solutions. Founded in 1996 and headquartered in Southfield, Michigan, Tenneco has established itself as a key player in its industry, known for its quality products and comprehensive offerings.