Tsakos Energy Navigation: Buy Before Earnings

Tsakos Energy Navigation: Buy Before Earnings

Tsakos Energy Navigation remains undervalued, with a prior target of $50 per share based on strong earnings expectations. TEN's sale of a VLCC for $83 million post-debt strengthens its capital buffer and reflects disciplined capital allocation. TEN continues its diversification strategy, adding a second LNG carrier at $254 million.

Tsakos Energy Navigation ( TEN ) is a Greek shipping firm that is family-led. They have a very diverse fleet and have invested a lot in expanding their fleet in the last few years.