Tsakos Energy Navigation (TEN) Capital Expenditures (2009 - 2025)
Tsakos Energy Navigation (TEN) posted quarterly Capital Expenditures of -$404.5 million for Q2 2025, down 41.88% year-on-year from -$696.0 million in Q2 2024, and down 245.37% on a QoQ basis from $278.3 million in Q1 2025.
Tsakos Energy Navigation (TEN) Capital Expenditures (2009 - 2025) Analysis & Trends
Tsakos Energy Navigation (TEN) has reported Capital Expenditures for 13 consecutive years, with -$404.5 million the latest figure, recorded in Q2 2025.
- Quarterly Capital Expenditures fell 41.88% year-over-year to -$404.5 million in Q2 2025, while the trailing twelve-month figure through Jun 2025 was -$248.0 million (down 225.82% YoY) and the FY2025 annual result came in at -$219.6 million, down 36.89% from the prior year.
- Capital Expenditures fell to -$404.5 million in Q2 2025 per TEN's latest filing, from $278.3 million in the prior quarter.
- Over the last five years, Capital Expenditures for TEN reached as high as $278.3 million in Q1 2025 and fell as low as -$404.5 million in Q2 2025.
- A 3-year average of -$40.5 million and a median of -$18.7 million in 2023 frame the typical range for Capital Expenditures.
- The largest YoY upside for Capital Expenditures was 34.88% in 2024 against a maximum downside of 72.8% in 2024.
- Year by year, Capital Expenditures stood at -$188.0 million in 2023, then sank by 72.8% to -$324.8 million in 2024, then retreated by 24.54% to -$404.5 million in 2025.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$404.5 million, $278.3 million, and -$324.8 million for Q2 2025, Q1 2025, and Q4 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | -166,000.00 |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | -3.03 Mn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 982.00 Mn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 1.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 983.00 Mn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | -2.87 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 1.92 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 899.50 Mn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 864.00 Mn |
| 10 | Tsakos Energy Navigation | 1.18 Bn | 1.18 Bn | 199.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | -404.51 Mn |
| Jun 30, 2025 | -404.51 Mn |
| Mar 31, 2025 | 278.26 Mn |
| Mar 31, 2025 | 278.26 Mn |
| Dec 31, 2024 | -324.81 Mn |
| Dec 31, 2024 | -324.81 Mn |
| Sep 30, 2024 | 203.10 Mn |
| Sep 30, 2024 | 203.10 Mn |
| Jun 30, 2024 | -285.10 Mn |
| Jun 30, 2024 | -285.10 Mn |
| Mar 31, 2024 | 246.39 Mn |
| Mar 31, 2024 | 246.39 Mn |
| Dec 31, 2023 | -187.97 Mn |
| Dec 31, 2023 | -187.97 Mn |
| Sep 30, 2023 | 150.58 Mn |
| Sep 30, 2023 | 150.58 Mn |
| Jun 30, 2019 | -11.29 Mn |
| Jun 30, 2019 | -11.29 Mn |
| Mar 31, 2019 | -20.62 Mn |
| Mar 31, 2019 | -20.62 Mn |