TEN - Earnings announcements

160% increase from Q1 2025 – Net income at $89 million ($2.72 p.s. v. $1.04 p.s.)  $154 million EBITDA - 55% over Q1 2025 Highest dividend distribution in 10 years - a 36% increase from 2025Total dividends to be paid exceed $1 billion since NYSE stock listing 22 vessel new building program on schedule, totaling 3 million dwt Total fleet contracted revenue backlog in excess of $3.5 billion TEN's vessel performs breakthrough operation in the E. Mediterranean Tanker market fundamentals remain solid ATHENS, Greece, May 21, 2026 (GLOBE NEWSWIRE) -- TEN, Ltd ("TEN") (NYSE:TEN) (or the "Company") today reported results (unaudited) for the quarter ended March 31, 2026. Q1 2026 SUMMARY RE

ATHENS, Greece, May 05, 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 first quarter ended March 31, 2026, prior to the open of the market in New York on Thursday, May 21, 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details: Participants should dial into the call 10 minutes before th

200% Q-O-Q increase in net income to $58 million in Q4 2025  $800 million of gross revenues and $161 million of net income for 2025 ($4.45 per share) $416 million in adj. EBITDA in 2025 TEN benefitting from historical high tanker rates. Timely NB orders of LNG & VLCCs $4 billion in Minimum Contracted Revenue ATHENS, Greece, March 06, 2026 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TEN) (the "Company") today reported results (unaudited) for the twelve months and fourth quarter ended December 31, 2025. TWELVE MONTHS 2025 SUMMARY RESULTSTEN's fleet for the twelve months of 2025, generated close to $800 million in gross revenues, and approx. $252 million in operating income inclusive of

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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details: Participants should dial into the call 10 mi

$4 billion in Minimum Contracted Revenue Gross Revenues of $577 million and net income of $103 million, or $2.75 per share $1.00 New Common Share Dividend, following $0.60 July 2025 Semi- Annual Payment Dynamic growth – 20 Vessel Total Newbuilding Program Including Three VLCCs Stronger Tanker Fundamentals Supported by Market Tightness and Geopolitics ATHENS, Greece, Nov. 20, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TEN) (the "Company") today reported results (unaudited) for the nine months and third quarter ended September 30, 2025. NINE MONTHS 2025 SUMMARY RESULTSTEN's fleet generated $577 million in gross revenues resulting in approx. $171 million in operating income inclusi

ATHENS, Greece, Nov. 03, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE:TEN) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that it will report financial results for the third quarter and nine months ended on September 30, 2025, prior to the open of the market in New York on Thursday, November 20, 2025. 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details: Participants should dial into the

$3.7 billion in minimum contracted revenue Dynamic renewal program – 21 new buildings under construction, incl. 3 new South Korean VLCC orders TEN's fleet carrying capacity reaches 11 dwt $0.60 common stock dividend paid in July 2025 Tanker Market Fundamentals Remain Strong ATHENS, Greece, Sept. 10, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TEN) (the "Company") today reported results (unaudited) for the six months and the second quarter ended June 30, 2025. FIRST HALF 2025 SUMMARY RESULTSTEN's fleet generated $390.4 million in gross revenues resulting to approx. $111.0 million in operating income, inclusive of $3.6 million of capital gains. Adjusted

ATHENS, GREECE, Aug. 25, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. ("TEN") (NYSE:TEN) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that it will report earnings for the second quarter and six months ended on June 30, 2025, prior to the market open in New York on Wednesday, September 10, 2025. That same day, at 10:00 a.m. 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details: Participants should dial into the call 10

Q1 2025 EBITDA at $103 million and net income of $38 million - equivalent to $1.04 eps Dividends exceed $900 million since Company's NYSE listing in 2002 TEN awarded by Brazil's Transpetro/Petrobras to build nine DP2 Shuttle Tankers on long-term employment with revenues of minimum $2 billion Total fleet contracted revenue backlog reaches approx. $3.7 billion Robust 21-vessel eco growth program underwayDr Irene Tsakos & Athens 04 delivered in Q2 ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd ("TEN") (NYSE:TEN) (or the "Company") today reported results (unaudited) for the quarter ended March 31, 2025. Q1 2025 SUMMARY RESULTS TEN generated revenues of $197.1

ATHENS, Greece, May 30, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. (NYSE:TEN) ("TEN" or the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that it will report earnings for the first quarter ended March 31, 2025, prior to the open of the market in New York on Tuesday, June 17, 2025. That same day, at 10:00 a.m. 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details:Participants should dial into the call 10 minutes before the

Dynamic 21 vessel expansion - 36% dwt growth - 82 vessel proforma fleet. Doubling minimum contracted revenues to $4.0 billion Adjusted EBITDA of $400 million and Net income of $176 million for 2024   Annual EPS of $5.03 and $0.42 for the 2024 fourth quarter Nine DP2 shuttle tankers on long-term employment to Brazil's Transpetro with expected contracted revenues of $2.0 billion positioning TEN as one of the largest shuttle tankers owners in the world - Proforma Shuttle fleet of 16 vessels all on fixed employment Sale of 2009-built suezmax generates $30.0 million in free cash as part of ongoing fleet renewal Uninterrupted dividend payments since NYSE listing in 2002 Market fundamentals r

ATHENS, Greece, March 14, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. ("TEN") (NYSE:TEN) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the fourth quarter and year ended December 31, 2024, prior to the open of the market in New York on Thursday, March 27, 2025. That same day, at 11:00 a.m. 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details:Participants should dial into the c

Net income of $157 million or $4.62 per share for 2024 nine months 50% higher dividend distributions from 2023 at $1.50 per common share in total $0.90 to be paid in December 2024 30 vessels with new and extended charters at significantly higher rates - $1.8 Billion in Fleet Forward Contracted Revenue Dynamic growth and renewal – 21 vessels contracted/acquired within 2024 Efficient vessel management – 10% decrease in vessel operating expenses TST operates first private naval academy in Greece Healthy Market Fundamentals Continue TEN named ‘'Tanker Operator of the Year" in November 2024

ATHENS, Greece, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. ("TEN") (NYSE:TEN) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that the Company will report earnings for the third quarter ended on September 30, 2024 prior to the open of the market in New York on Tuesday, November 26, 2024. That same day, at 10:00 a.m. 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details:Participants should dial into the cal

50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates first private naval academy in Greece Tanker market fundamentals remain solid ATHENS, Greece, Sept. 11, 2024 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE:TEN) (the "Company") today reported results (unaudited) for the six months and the second quarter ended June 30, 2024. FIRST HALF 2024 SUMMARY RESULTSIn the first half of 2024, TEN's fleet generated $416 million in gross revenues and $179 million in operating profits which included capital gains of $49 million. The resu

ATHENS, Greece, Sept. 03, 2024 (GLOBE NEWSWIRE) -- TEN Ltd. ("TEN") (NYSE:TEN) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced the Company will report earnings for the second quarter and six months ended on June 30, 2024 prior to the open of the market in New York on Wednesday, September 11, 2024. That same day, at 10:00 a.m. 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 hosted by TEN's senior management, may contain information beyond that which is included in the earnings press release. Conference Call Details:Participants should dial into t

Company expects to close transaction with Apollo Funds in mid-November, 2022 SKOKIE, Ill., Oct. 31, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE:TEN) today announced results for the third quarter ended September 30, 2022, including the following: Third quarter total revenue of $4.9 billion, up 14% year-over-year. Value-add revenue of $3.6 billion was up 17% year-over-year, excluding a negative currency impact of $214 million.  The Company's OE light vehicle value-add revenue growth of 32%, excluding currency, outpaced global industry light vehicle production*, which was up 27% year

Company reiterates intent to complete pending transaction with Apollo Funds in the second half of 2022 SKOKIE, Ill., Aug. 4, 2022 /PRNewswire/ -- Tenneco (NYSE:TEN) today announced results for the second quarter ended June 30, 2022.  Second Quarter 2022 results include: Second quarter total revenue of $4.7 billion, up 2% year-over-year. Value-add revenue of $3.5 billion was up 6% year-over-year excluding a negative currency impact of $174 million and outperformed global industry light vehicle production, which was flat year-over-year*. Cost recoveries contributed more than $2

Company on-track to complete pending transaction with Apollo Funds in the second half of 2022 Annual Meeting of Shareholders Set for June 7, 2022 SKOKIE, Ill., May 5, 2022 /PRNewswire/ -- Tenneco (NYSE:TEN) today announced results for the first quarter of 2022 ending on March 31, 2022.  First Quarter 2022 results include: First quarter total revenue of $4.6 billion, down 2% year-over-year. Value-add revenue of $3.6 billion was flat year-over-year excluding a negative currency impact of $100 million and outpaced global industry light vehicle production, which was down 4%* year

LAKE FOREST, Ill., Feb. 23, 2022 /PRNewswire/ -- Tenneco (NYSE:TEN) today announced results for the fourth quarter and full year ended December 31, 2021.  Full year 2021 results include: Total revenue of $18.0 billion, up 17% year-over-year. Full year value-add revenue was $13.7 billion, up 12% excluding favorable currency impact of $239 million. Tenneco's full-year revenue performance outpaced industry light vehicle production, which was up 3% year-over-year. Net income of $35 million, or $0.42 per diluted share, in 2021, versus a loss of $1,521 million in 2020. Full-year 2

LAKE FOREST, Ill., Feb. 23, 2022 /PRNewswire/ -- Tenneco (NYSE:TEN) announced today it has entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo (NYSE:APO) (the "Apollo Funds") in an all-cash transaction with an enterprise valuation of approximately $7.1 billion, including debt. The purchase price of $20.00 per share represents a 100.4% premium over the Company's closing share price of $9.98 on February 22, 2022 and a 71.6% premium over the Company's unaffected 90-day VWAP. Upon completion of the transaction, Tenneco's shares will no longe

LAKE FOREST, Ill., Feb. 8, 2022 /PRNewswire/ -- Tenneco (NYSE:TEN) will report its fourth quarter and full year 2021 financial results before the market opens on Thursday, February 24, 2022 and host a webcast conference call the same day at 8:30 a.m. ET.  The purpose of the call is to discuss the Company's financial results for the fourth quarter and full year 2021, as well as to provide other information regarding the company's outlook. A live "listen only" webcast and presentation materials will be available on the investor section of the company's website at https://invest

LAKE FOREST, Ill., Nov. 5, 2021 /PRNewswire/ -- Tenneco (NYSE:TEN) today announced results for the third quarter ended September 30, 2021, including the following: Tenneco posted higher third quarter total revenue of $4.3 billion, up 2% versus prior year. Value-add revenue for the third quarter 2021 was $3.3 billion, 2% lower year-over-year excluding favorable currency impact of $53 million. Tenneco's revenue performance in the quarter strongly outpaced industry light vehicle production, which declined 20% versus last year, driven by our diversified end market mix. The Company

LAKE FOREST, Ill., Oct. 7, 2021 /PRNewswire/ -- Tenneco (NYSE:TEN) will report its third quarter 2021 financial results before the market opens on Friday, November 5, 2021 and host a webcast conference call the same day at 9:30 a.m. ET.  The purpose of the call is to discuss the Company's financial results for the third quarter 2021, as well as to provide other information regarding the company's outlook. A live "listen only" webcast and presentation materials will be available on the investor section of the company's website at https://investors.tenneco.com.  An archive of t

LAKE FOREST, Ill., Aug. 5, 2021 /PRNewswire/ -- Tenneco (NYSE:TEN) today announced results for the second quarter ended June 30, 2021, including the following: Higher total revenue, up 74% year-over-year to $4.6 billion. Value-add revenue increased to $3.5 billion, 68% higher versus second quarter 2020, excluding positive currency impact of $117 million. The Company reported a net loss of $10 million, or $(0.12) per diluted share, versus a net loss of $350 million or $(4.30) per diluted share in the second quarter 2020. This quarter's net loss was primarily due to one-time charges related to the Accelerate+ structural cost improvement program. Adjusted net income for the quarter was $69 mil