Denise Gray - Tsakos Energy Independent Director

TEN Stock  USD 18.17  0.47  2.52%   

Director

Ms. Denise Gray is appointed as Independent Director of the Company. She was the President of LG Chem Michigan Inc. Tech Center, a producer of lithiumion batteries for the automotive industry, since March 2018. Prior to that she was President and Chief Executive Officer of LG Chem Power, Inc., a company focused on bringing lithiumion polymer battery technology to North America for applications in the automotive and commercial markets from September 2015. From March 2013 to September 2015 she was Vice President Powertrain Electrification at AVL in Graz, Austria and North America. Ms. Gray began her career with General Motors, where she spent over 30 years in varying engineering and management roles. since 2019.
Age 57
Tenure 5 years
Address 367 Syngrou Avenue, Athens, Greece, 175 64
Phone30 210 94 07 710
Webhttps://www.tenn.gr

Tsakos Energy Management Efficiency

The company has Return on Asset of 0.0456 % which means that on every $100 spent on assets, it made $0.0456 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1167 %, implying that it generated $0.1167 on every 100 dollars invested. Tsakos Energy's management efficiency ratios could be used to measure how well Tsakos Energy manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Tsakos Energy's Return On Tangible Assets are very stable compared to the past year. As of the 29th of November 2024, Return On Assets is likely to grow to 0.09, while Return On Capital Employed is likely to drop 0.06. At this time, Tsakos Energy's Other Current Assets are very stable compared to the past year. As of the 29th of November 2024, Non Currrent Assets Other is likely to grow to about 65.2 M, while Total Assets are likely to drop about 2.5 B.
Tsakos Energy Navigation has 1.6 B in debt. Tsakos Energy Navigation has a current ratio of 1.16, demonstrating that it may have difficulties to pay its financial commitments when the payables are due. Note however, debt could still be an excellent tool for Tsakos to invest in growth at high rates of return.
Tenneco Inc. designs, manufactures, and sells clean air, and powertrain products and systems for light vehicle, commercial truck, off-highway, industrial, motorsport, and aftermarket customers worldwide. Tenneco Inc. was incorporated in 1996 and is based in Southfield, Michigan. Tenneco Automotive operates under Auto Parts classification in the United States and is traded on New York Stock Exchange. It employs 71000 people. Tsakos Energy Navigation (TEN) is traded on New York Stock Exchange in USA. It is located in 367 Syngrou Avenue, Athens, Greece, 175 64 and employs 33 people. Tsakos Energy Navigation was previously known as TransAtlantic Petroleum and was traded on Toronto Exchange under the symbol TNP. Tsakos Energy is listed under Oil & Gas Storage & Transportation category by Fama And French industry classification.

Management Performance

Tsakos Energy Navigation Leadership Team

Elected by the shareholders, the Tsakos Energy's board of directors comprises two types of representatives: Tsakos Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tsakos. The board's role is to monitor Tsakos Energy's management team and ensure that shareholders' interests are well served. Tsakos Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tsakos Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Charles Stevens, Independent Director
Roy Armes, Independent Director
Nikolas Tsakos, CEO Founder
Dennis Letham, Independent Non-Executive Chairman of the Board
Paul Durham, CoCFO Officer
Aleksandra Miziolek, Independent Director
Scott Usitalo, Executive Vice President and Presidentident - Motorparts
Brandon Smith, Senior Vice President General Counsel and Corporate Secretary
Harrys Kosmatos, Corporate Officer
James Metcalf, Independent Director
Jane Warner, Independent Director
Denise Gray, Independent Director
Richard CFA, VP Devel
George Saroglou, President COO
Vasileios Papageorgiou, Chief Officer
Thomas Sabatino, Executive Vice President General Counsel and Corporate Secretary
Bradley Norton, Executive Vice President and Presidentident - Original Equipment
Thomas Freyman, Independent Director
Brian Kesseler, Co-Chief Executive Officer, Director
Kenneth Trammell, Interim Chief Financial Officer, Interim Executive Vice President
Michelle Kumbier, Independent Director
Chris Brathwaite, VP Officer
Kaled Awada, Chief Human Resource Officer, Senior Vice President
Matti Masanovich, Chief Financial Officer, Executive Vice President
Kevin Baird, Chief Operating Officer, Executive Vice President
Rusty Patel, VP Officer
Peng Guo, Senior Vice President and General Manager, Asia Pacific
Rainer Jueckstock, Executive Vice President and Presidentident - Powertrain
John Patouhas, Chief Accounting Officer, Vice President
John Stroup, Independent Director
Gregg Sherrill, Non-Executive Chairman of the Board
Michael Jolliffe, CoFounder Chairman
David Fan, Executive Vice President and President - China

Tsakos Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Tsakos Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Tsakos Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Tsakos Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Tsakos Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with Tsakos Stock

  0.84TK TeekayPairCorr

Moving against Tsakos Stock

  0.84DTM DT MidstreamPairCorr
  0.82OKE ONEOK IncPairCorr
  0.8ET Energy Transfer LP Aggressive PushPairCorr
  0.8KMI Kinder Morgan Fiscal Year End 15th of January 2025 PairCorr
  0.8LNG Cheniere EnergyPairCorr
The ability to find closely correlated positions to Tsakos Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Tsakos Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Tsakos Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Tsakos Energy Navigation to buy it.
The correlation of Tsakos Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Tsakos Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Tsakos Energy Navigation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Tsakos Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Tsakos Energy Navigation offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tsakos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Tsakos Energy Navigation Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tsakos Energy Navigation Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Tsakos Energy Navigation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tsakos Energy. If investors know Tsakos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tsakos Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.43
Earnings Share
5.66
Revenue Per Share
27.878
Quarterly Revenue Growth
(0.03)
Return On Assets
0.0456
The market value of Tsakos Energy Navigation is measured differently than its book value, which is the value of Tsakos that is recorded on the company's balance sheet. Investors also form their own opinion of Tsakos Energy's value that differs from its market value or its book value, called intrinsic value, which is Tsakos Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tsakos Energy's market value can be influenced by many factors that don't directly affect Tsakos Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tsakos Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tsakos Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tsakos Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.