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Posted by
Two Blokes Jun 25 -
Filed in
Stock
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Tsakos Energy Navigation remains resilient, showing strong Q1 results, prudent cost management, and robust fleet expansion despite oil market volatility and geopolitical risks. Fleet modernization, reduced spot market exposure, and a younger, more efficient fleet position TEN for higher utilization and stable margins versus peers. TEN's balance sheet is solid, with strong cash reserves, reduced debt, and improved operating leverage, supporting ongoing growth and risk management.
