Tsakos Energy Navigation (TEN-PF) Operating Expenses (2009 - 2026)
Tsakos Energy Navigation (TEN-PF) recorded quarterly Operating Expenses of $143.1 million in Q1 2026, up 1.55% quarter-over-quarter from $140.9 million in Q4 2025, and up 4.88% on a YoY basis from $136.4 million in Q1 2025.
Tsakos Energy Navigation (TEN-PF) Operating Expenses (2009 - 2026) Analysis & Trends
Tsakos Energy Navigation's Operating Expenses history runs 18 years deep, the most recent figure standing at $143.1 million for Q1 2026.
- In Q1 2026, Operating Expenses rose 4.88% year-over-year to $143.1 million; the TTM figure through Mar 2026 stood at $553.0 million (up 3.06% YoY), while the FY2025 annual figure was $546.4 million, up 3.97% from the prior year.
- Operating Expenses was $143.1 million for Q1 2026 at Tsakos Energy Navigation, up from $140.9 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $163.5 million in Q4 2023 to a low of $62.1 million in Q1 2023.
- Historically, Operating Expenses has averaged $136.3 million across 5 years, with a median of $140.9 million in 2025.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 55.71% in 2023, then jumped 101.96% in 2024.
- A 5-year view of Operating Expenses shows it stood at $147.8 million in 2022, then climbed by 10.57% to $163.5 million in 2023, then dropped by 10.78% to $145.8 million in 2024, then slipped by 3.39% to $140.9 million in 2025, then advanced by 1.55% to $143.1 million in 2026.
- The last three Operating Expenses figures came in at $143.1 million (Q1 2026), $140.9 million (Q4 2025), and $125.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 13.95 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 12.50 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 3.38 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 1.70 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -93.35 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.82 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 333.70 Mn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 7.00 Mn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 915.00 Mn |
| 10 | Tsakos Energy Navigation | - | - | 199.70 Mn | 143.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 143.09 Mn |
| Dec 31, 2025 | 140.90 Mn |
| Sep 30, 2025 | 125.77 Mn |
| Jun 30, 2025 | 143.27 Mn |
| Mar 31, 2025 | 136.44 Mn |
| Dec 31, 2024 | 145.85 Mn |
| Sep 30, 2024 | 143.21 Mn |
| Jun 30, 2024 | 111.11 Mn |
| Mar 31, 2024 | 125.34 Mn |
| Dec 31, 2023 | 163.46 Mn |
| Sep 30, 2023 | 133.65 Mn |
| Jun 30, 2023 | 138.89 Mn |
| Mar 31, 2023 | 62.06 Mn |
| Dec 31, 2022 | 147.84 Mn |
| Sep 30, 2022 | 156.74 Mn |
| Jun 30, 2022 | 159.33 Mn |
| Mar 31, 2022 | 140.14 Mn |
| Dec 31, 2021 | 231.98 Mn |
| Sep 30, 2021 | 147.90 Mn |
| Jun 30, 2021 | 149.30 Mn |