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Tsakos Energy Navigation Ltd T.TNP


Primary Symbol: TEN Alternate Symbol(s):  TEN.PR.E

Tsakos Energy Navigation Ltd is a Greece-based provider of international seaborne crude oil and petroleum product transportation services. The Company operates through the maritime transportation of liquid energy-related products segment. The Company's fleet consists of 70 vessels, constituting a mix of crude tankers, product tankers, and liquefied natural gas (LNG) carriers, totaling more than 7 million dwt. It includes VLCC, Aframax, Panamax, handysize, handymax tankers, LNG carrier, and DP2 shuttle tankers, which allows the Company to serve its customers' international petroleum product and crude oil transportation needs.


NYSE:TEN - Post by User

Comment by oilandgas111on May 27, 2011 12:36pm
178 Views
Post# 18635294

RE: RE: RE: ORE: Strong support at 1.5$

RE: RE: RE: ORE: Strong support at 1.5$At 2$ we are at around 6-7 times the cash flow for this year which is the average for an oil and gas company.
So at 2$ this is its fair value. Then in 2012 u the growth should come from the multiple fracture stimulation
Julien
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