Tsakos Energy Navigation GAAP EPS of $1.31, revenue of $216.69M

• Tsakos Energy Navigation press release (NYSE:TNP): Q2 GAAP EPS of $1.31.
• Revenue of $216.69M (+58.8% Y/Y).
• Adjusted EBITDA of $91.1M, a threefold increase from the 2021 equivalent quarter.
• Fleet utilization, despite a number of scheduled dry-dockings, remained high at 93.6%.
• Daily average TCE per vessel increased to $29,278 from $17,239, 70% higher from the 2021 second quarter.
• Our spot vessels, benefitting from the aforementioned factors, added $119.5 million of gross revenues.
• Shares +1.56% PM