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
DateValue
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