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TEN Q2 FY26 net income more than doubles to $139.3 million; revenue rises 54% to $298.4 million

PUBT·09/10/2026 13:16:50
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TEN Q2 FY26 net income more than doubles to $139.3 million; revenue rises 54% to $298.4 million
  • TEN posted Q2 net income attributable to shareholders of USD 139.3 million, more than doubled from a year earlier.
  • Revenue climbed 54% year over year to USD 298.4 million, supported by average TCE of USD 46,100 per vessel day.
  • First-half net income attributable to shareholders rose to USD 228.1 million, up 318%, as revenue increased 41.25% to USD 551.4 million.
  • Cash grew to USD 466.1 million at June 30, while bank debt increased to USD 2 billion as the fleet expanded.
  • Delivered DP2 shuttle tanker Anfield DP with a 10-year charter; sold two 2006-built suezmax tankers for USD 100 million.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TEN - Tsakos Energy Navigation Limited published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609100915PRIMZONEFULLFEED9824589) on September 10, 2026, and is solely responsible for the information contained therein.