Thomas Freyman - Tsakos Energy Independent Director
| TEN Stock | USD 18.17 0.47 2.52% |
Director
Mr. Thomas C. Freyman is an Independent Director of the Company. Mr. Freyman served as Executive Vice President, Finance and Administration for Abbott from June 2015 until his retirement in February 2017. Prior to that, he served as Chief Financial Officer and Executive Vice President, Finance for Abbott since 2004. He was first appointed Chief Financial Officer and Senior Vice President, Finance in 2001. From 1999 to 2001, he served as Vice President and Controller of Abbotts Hospital Products Division. Prior to that, he held a number of financial planning and analysis positions with Abbott including Treasurer for Abbotts international operations and Corporationrationrate Vice President and Treasurer. Mr. Freyman holds a bachelors degree in accounting from the University of Illinois and a masters degree in management from Northwestern University. Mr. Freyman is a director of Hanger, Inc. He was a director of our company since 2013. since 2013.
| Age | 66 |
| Tenure | 11 years |
| Address | 367 Syngrou Avenue, Athens, Greece, 175 64 |
| Phone | 30 210 94 07 710 |
| Web | https://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.Management Performance
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0456 |
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.
| Return On Equity | 0.12 | |||
| Return On Asset | 0.0456 | |||
| Profit Margin | 0.24 % | |||
| Operating Margin | 0.33 % | |||
| Current Valuation | 1.94 B | |||
| Shares Outstanding | 29.51 M | |||
| Shares Owned By Insiders | 26.67 % | |||
| Shares Owned By Institutions | 22.35 % | |||
| Number Of Shares Shorted | 412.52 K | |||
| Price To Earning | 6.78 X |
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
Moving against Tsakos Stock
| 0.84 | DTM | DT Midstream | PairCorr |
| 0.82 | OKE | ONEOK Inc | PairCorr |
| 0.8 | ET | Energy Transfer LP Aggressive Push | PairCorr |
| 0.8 | KMI | Kinder Morgan Fiscal Year End 15th of January 2025 | PairCorr |
| 0.8 | LNG | Cheniere Energy | PairCorr |
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.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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
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.