MAGNIFIER
A few days ago, Tsakos Energy Navigation (NYSE:TNP), also simply known as TEN, reported its Q3-2023 earnings. Results were in line with market expectations with the company reporting a net profit of 83 cents per share. In this
Tsakos Energy Navigation Remains A Buy After Q3 Earnings In A Red-Hot Tanker Market
Summary
- Tsakos Energy Navigation reported Q3 earnings in line with expectations, with a net profit of 83 cents per share.
- The company's stock is currently trading at $19.5/share, with a market cap of $580M.
- TEN's fleet growth program and favorable market outlook make it a recommended buy, with an analyst target price of $28/share.
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