ATHENS, Greece, Feb. 18, 2026 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE:TEN) (“TEN” or the “Company”) a leading diversified crude, product and LNG tanker operator, announced that it will report financial results for the fourth quarter and year ended on December 31, 2025, prior to the open of the market in New York on Friday, March 6, 2026. That same day at 10:00 am Eastern Time, TEN will host a conference call to review the results as well as the management’s outlook for the business. The call, which will be hoste ...

Core Insights - Tsakos Energy Navigation (TEN) has faced significant challenges over the past five years, with the period from 2020 onward being particularly volatile due to COVID-19 and geopolitical events [3] - The company operates a fleet of 82 vessels, including various types of tankers, and has become a preferred carrier for major energy companies [2] - A severe shortage of available tonnage has insulated tanker owners, leading to a sharp increase in charter rates, with VLCC rates exceeding $100,000 per day compared to around $50,000 last year [4] Financial Performance - The management team discussed the company's financial performance and market outlook during a recent corporate presentation [1] - The company has navigated multiple crises throughout its history, including the Exxon Valdez incident and the 2008 financial crisis, but the current geopolitical landscape presents unique challenges [3] Market Dynamics - Geopolitical disruptions and sanctions have shifted nearly 30% of the global fleet between gray and black trading zones, creating a supply gap for operators like TEN that work exclusively with blue-chip oil majors [4] - The combination of growing oil demand and the supply gap has driven an acceleration in charter rates, benefiting the company [4]

Tsakos Energy Navigation (NYSE:TEN) 2026 Conference Summary Company Overview - Tsakos Energy Navigation (TEN) is recognized as the longest-running publicly traded tanker company on the New York Stock Exchange, established in 1993 [2][3] - The company has been awarded "Energy Transporter of the Year" by TIME Magazine for three consecutive years, highlighting its strong environmental record [1][2] Industry Context - The shipping and tanker market has faced numerous crises over the years, including the COVID-19 pandemic and geopolitical tensions such as the war in Ukraine, which have significantly impacted energy transportation routes [4][5] - The current tanker market is characterized by a lack of overbuilding, with approximately 30% of the tonnage in gray or black zones, creating opportunities for reputable companies like TEN [5][6] Fleet and Operations - TEN has strategically reinvested in its fleet, selling 17 older vessels and acquiring 33 modern ships, effectively doubling its fleet size and tripling its deadweight capacity while reducing the average age of its fleet to 0.6 years [6][7] - The company has secured significant contracts, including a major deal for deep-sea oil excavation with Transpetrol and Petrobras, positioning it as one of the largest DP2 shuttle tanker owners [6][7] Financial Performance - TEN has maintained a debt level under 50%, with a focus on healthy cash reserves to support growth and dividend payments [7][19] - The company has consistently paid dividends since its inception, with a recent announcement of a $1 dividend for 2025, reflecting its commitment to shareholder returns [8][20] Market Outlook - The oil demand is projected to exceed 103 million barrels per day, with expectations for further increases in 2025 and 2026, despite geopolitical uncertainties [20][21] - The current fleet is limited, with only about 14% of the fleet in the order book, indicating potential for high asset prices and rates in the coming years [21][22] - The company anticipates a favorable market environment for at least the next two to three years, driven by scrapping of older vessels and insufficient new builds to meet rising demand [23][24] Strategic Insights - TEN employs a diversified fleet strategy, balancing fixed time charters, profit-sharing arrangements, and spot market exposure to mitigate risks associated with market volatility [12][15] - The company is cautious about over-leveraging and maintains a conservative approach to financing, ensuring it can capitalize on growth opportunities without compromising financial stability [16][17][47] Conclusion - TEN is well-positioned to navigate the complexities of the shipping industry, leveraging its modern fleet, strong client relationships with major oil companies, and a disciplined financial strategy to capitalize on emerging opportunities in the energy transport sector [12][19][49]

Core Insights - TEN Ltd. is recognized in TIME Magazine Europe for its role in the shipping industry's transition towards sustainable operations through AI and technology [1] Company Overview - TEN Ltd. was founded in 1993 and has been a public company for 32 years, making it one of the first and most established public shipping companies globally [3] - The company operates a diversified energy fleet consisting of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, and two scrubber-fitted MR product tankers, with five scrubber-fitted LR1 tankers under construction, totaling approximately 11 million deadweight tonnage (dwt) [3] Operational Focus - The company emphasizes operational discipline, modernization, and efficiency improvements, alongside a commitment to environmental performance [2] - TEN Ltd. invests in seamanship and maritime training, including a naval academy and crew development initiatives [2]

Core Insights - TEN Ltd. is highlighted in TIME Magazine Europe for its role in the shipping industry's transition towards sustainable operations through AI and technology [1] Company Overview - TEN Ltd. was founded in 1993 and has been a public company for 32 years, making it one of the first and most established public shipping companies globally [3] - The company operates a diversified energy fleet consisting of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, and two scrubber-fitted MR product tankers, with five scrubber-fitted LR1 tankers under construction, totaling approximately 11 million deadweight tonnage (dwt) [3] Operational Focus - The company emphasizes operational discipline, modernization, and efficiency improvements, alongside a commitment to environmental performance [2] - TEN places significant importance on seamanship and maritime training, which includes its naval academy and investments in crew development [2]

Company Overview - TEN Ltd. is a leading diversified crude, product, and LNG tanker operator, founded in 1993 and celebrating 32 years as a public company [3] - The company's fleet consists of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, two scrubber-fitted MR product tankers, and five scrubber-fitted LR1 tankers under construction, totaling approximately 11 million deadweight tonnage (dwt) [3] Leadership and Market Insights - Dr. Nikolas P. Tsakos, Founder and CEO, will be interviewed live to discuss the global energy and shipping market landscape, evolving tanker fundamentals, and strategic priorities for long-term growth [2] - The interview will also cover TEN's forward-looking sector outlook and the structural trends expected to shape the industry's future [2]

Core Points - TEN Ltd. has received the 'Best Deal' Award for its significant expansion into the shuttle tanker market, highlighting its growth and recognition in the industry [1][2] - The company currently operates a pro-forma fleet of 16 vessels, with 10 under construction in South Korea, positioning itself as one of the largest shuttle tanker owners globally [1][3] - TEN has a revenue backlog of approximately $3.0 billion, indicating strong future earnings potential [1] Company Overview - Founded in 1993, TEN Ltd. has established itself as one of the first public shipping companies, celebrating 32 years in the industry [3] - The company's diversified energy fleet consists of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, and various product tankers, totaling approximately 11 million deadweight tonnage (dwt) [3]

Core Insights - Tenneco is showcasing advanced technologies for industrial power and emissions at Marintec China 2025, emphasizing its commitment to higher performance and lower emissions for future vessels [1][2] Company Overview - Tenneco is a global leader in automotive and industrial solutions, focusing on innovative technologies for various markets, including marine applications [10] Market Opportunities - The Chinese marine market presents significant growth opportunities, prompting Tenneco to expand its business and product portfolio in the region [2] - Tenneco is increasing local investments in China to introduce advanced and environmentally friendly technologies [2] Innovations Highlighted - **Large Bore Powertrain Solutions**: Tenneco is presenting Monosteel® pistons and high-performance seals, showcasing reliability and efficiency in large bore powertrain applications [3][4] - **DEVA® Self-Lubricating Bearings**: These maintenance-free bearings are designed for demanding marine environments, offering corrosion resistance and high-load capabilities [5] - **Ultra-Large DEVA Glide Spherical Bearings**: Custom engineered for offshore projects, these bearings provide a service life several times longer than conventional options and reduce operating costs by over 70% [6] - **Advanced Aftertreatment Solutions**: Tenneco's emission solutions include SCR and DPF technologies to meet stringent global standards, enhancing vessel compliance [7][8] Product Features - **DAROS® and GOETZE® Piston Rings**: These products feature self-healing properties and coatings that improve wear resistance and reduce oil consumption, enhancing overall efficiency [7] - **Valve Components**: Engineered for extreme marine conditions, these components improve wear resistance by 75% and extend service life to over 20,000 hours [7] - **Champion® Industrial Spark Plugs**: Designed for marine power systems, these spark plugs increase ignition energy by 25% and improve fuel efficiency by 3-5% [7] Exhibition Details - Tenneco is exhibiting at booth D2B in Hall N2 of the Shanghai New International Expo Centre, inviting discussions on engineering innovation for a sustainable future in shipping [1][9]

Core Insights - The article highlights the positive performance of Tsakos Energy Navigation Limited (TEN) shares, particularly the Series F preferred shares, which have provided significant total returns during the COVID pandemic [1] - The focus is on the investment strategy that combines dividend and growth stocks, emphasizing the importance of a diversified portfolio for long-term investment success [1] Company Overview - Tsakos Energy Navigation Limited is involved in the shipping industry, specifically in the transportation of crude oil and petroleum products [1] - The company has been recognized for its high-quality investment opportunities within the small-cap sector, appealing to investors looking for capital gains and dividend income [1] Investment Strategy - The investment group European Small Cap Ideas, led by a financial writer, emphasizes actionable research on European small-cap investment opportunities [1] - The group offers two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1]

Core Insights - Tsakos Energy Navigation (TEN) has shown strong performance in both preferred and common shares, particularly during the COVID pandemic, leading to significant total returns for investors [1] - The focus on European small-cap investments emphasizes a balanced portfolio of dividend and growth stocks, aiming for capital gains and continuous cash flow [1] Company Overview - Tsakos Energy Navigation is highlighted as a strong investment opportunity, particularly in the context of preferred shares [1] - The company is part of a broader investment strategy that includes a focus on high-quality small-cap ideas in Europe [1] Investment Strategy - The investment group European Small Cap Ideas provides exclusive access to actionable research on European investment opportunities [1] - The strategy includes two model portfolios: the European Small Cap Ideas portfolio and the European REIT Portfolio, along with weekly updates and educational content [1]