TEN Reports Q3 Net Income of $38.3 Million on $577 Million Revenue

Reuters11-20

TEN Reports Q3 Net Income of $38.3 Million on $577 Million Revenue

TEN - Tsakos Energy Navigation Limited reported gross revenues of $577.0 million and net income of $103.0 million, or $2.8 per share, for the nine months ended September 30, 2025. Net income attributable to common stockholders was $81.8 million for the period. For the third quarter, net income attributable to common stockholders was $31.3 million, or $1.1 per share. The company declared a new common share dividend of $1.00, following a $0.60 semi-annual payment in July 2025. Total assets rose to $3.9 billion, and stockholders' equity reached $1.8 billion. TEN announced a 20-vessel newbuilding program, including three VLCCs, and reported $4.0 billion in minimum contracted revenue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TEN - Tsakos Energy Navigation Limited published the original content used to generate this news brief on November 20, 2025, and is solely responsible for the information contained therein.

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