Tsakos Energy Navigation Limited Dossier
Outlook & Key Dates
Estimates, guidance, catalysts, and upcoming events
Analyst Estimates Learn more →
5-Yr Fwd EPS Growth
-0.2%projected annual EPS growth
Analyst Coverage
2analysts covering
FY EPS (est.)
$4.60next fiscal year
Reporting Calendar
| Event | Expected Date |
|---|---|
| Q3 2026 Earnings Release | 19 Nov 2026 |
Monitoring Framework
Key Performance Indicators
Time Charter Equivalent (TCE) Rate per Day Quarterly41KTarget: Maintain above $35,000/day to support fleet modernization
Average Fleet Utilization Rate Quarterly9,830.0%Target: Maintain above 95.0%
Contracted Revenue Backlog Quarterly3.6BTarget: Maintain above $3.0 billion to ensure cash flow visibility
Watch Items
- Geopolitical disruptions in the Middle East and Red SeaTrigger: De-escalation of conflicts leading to a sharp drop in ton-mile demandAction: Shift chartering mix toward longer-term fixed-rate time charters to lock in cash flows
- Global crude oil demand and OPEC+ production policiesTrigger: OPEC+ implementing deeper production cuts or global demand falling by >500,000 bpdAction: Optimize fleet deployment, accelerate disposal of older non-eco vessels, and defer non-essential capex
- Newbuilding program capital expenditureTrigger: Financing costs rising or delays in vessel deliveries from the 22-vessel order bookAction: Secure long-term charter commitments for newbuilds prior to delivery and lock in fixed-rate debt spreads
Research as of 19 Jun 2026