Tsakos Energy (TNP) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Tsakos Energy Navigation (TEN) reported robust profits in the first quarter of 2024, with net income reaching $54.0 million and a significant increase in dividends to $0.60 per share, doubling from the previous year. The company is successfully pushing forward with its green initiative, operating six Dual-Fuel LNG vessels, and maintaining a strong cash reserve of $344.0 million. Amidst active fleet renewal and expansion strategies, TEN is poised for continued growth and shareholder value enhancement.
For further insights into TNP stock, check out TipRanks’ Stock Analysis page.
