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Robust 2025 Results

Robust 2025 Results

Tsakos Energy Navigation Ltd. reported 2025 financial results, with gross revenues close to $800 million, operating income of $252 million and net income of $161 million ($4.45 per share). Fourth‑quarter net income was $58 million ($1.70 per share), boosted by higher spot rates and $27 million of profit‑sharing income. The company’s backlog of contracted revenue exceeds $4 billion, and it ended 2025 with $298 million in cash, $1.9 billion of debt and a fair market value over $4 billion.
09/03/2026 | Tsakos Energy Navigation Limited