TNP Q4 2022 results

Tsakos Energy (TNP) announced Q4 2022 results today (3/16)

  • Voyage rev of $270M
  • Net income of $102.9M
  • Dividend of 60c/sh - split into two payments of 30c/sh (near term + Dec)

PowerPoint Presentation (

I believe TNP have some newbuilds delivering in 2023. A 60c/sh div spread across two payments in 2023 - hardly exciting. Shares took a sizable tumble the day TNP announced- IMO, not surprising.