Tsakos Energy Navigation (TEN) Acquisitions (2017 - 2019)

Tsakos Energy Navigation (TEN) has reported Acquisitions for 3 consecutive years, with $5.6 million the latest figure, recorded in Q2 2019.

• Quarterly Acquisitions fell 95.11% year-over-year to $5.6 million in Q2 2019, while the trailing twelve-month figure through Jun 2019 was $455.4 million (down 12.9% YoY) and the FY2024 annual result came in at $343.4 million, down 7.7% from the prior year.
• Acquisitions eased to $5.6 million in Q2 2019 per TEN's latest filing, from $177.3 million in the prior quarter.
• Over the last five years, Acquisitions for TEN reached as high as $177.3 million in Q1 2019 and fell as low as $5.6 million in Q2 2019.
• A 3-year average of $117.6 million and a median of $130.3 million in 2017 frame the typical range for Acquisitions.
• The largest YoY upside for Acquisitions was 12.11% in 2019 against a maximum downside of 95.11% in 2019.
• Year by year, Acquisitions stood at $104.2 million in 2017, then rose by 9.72% to $114.3 million in 2018, then tumbled by 95.11% to $5.6 million in 2019.
• According to Business Quant data, Acquisitions over the past three periods registered $5.6 million, $177.3 million, and $114.3 million for Q2 2019, Q1 2019, and Q2 2018 respectively.