Tsakos Energy Navigation (TEN) Depreciation and Depletion (2009 - 2019)

Tsakos Energy Navigation (TEN) posted quarterly Depreciation and Depletion of $31.7 million for Q2 2019, down 7.28% year-on-year from $34.2 million in Q2 2018, and down 3.03% on a QoQ basis from $32.7 million in Q1 2019.

Tsakos Energy Navigation (TEN) Depreciation and Depletion (2009 - 2019) Analysis & Trends

Tsakos Energy Navigation (TEN) has reported Depreciation and Depletion for 10 consecutive years, with $31.7 million the latest figure, recorded in Q2 2019.

  • Quarterly Depreciation and Depletion fell 7.28% year-over-year to $31.7 million in Q2 2019, while the trailing twelve-month figure through Jun 2019 was $132.3 million (up 0.8% YoY) and the FY2025 annual result came in at $148.3 million, up 7.16% from the prior year.
  • Depreciation and Depletion retreated to $31.7 million in Q2 2019 per TEN's latest filing, from $32.7 million in the prior quarter.
  • Over the last five years, Depreciation and Depletion for TEN reached as high as $34.2 million in Q2 2018 and fell as low as $25.2 million in Q4 2015.
  • A 4-year average of $31.5 million and a median of $32.7 million in 2017 frame the typical range for Depreciation and Depletion.
  • Annual changes were most pronounced in 2018 — Depreciation and Depletion advanced 10.27% — and 2019, when it fell 7.28%.
  • Year by year, Depreciation and Depletion stood at $25.2 million in 2015, then grew by 29.81% to $32.7 million in 2017, then grew by 4.62% to $34.2 million in 2018, then slipped by 7.28% to $31.7 million in 2019.
  • According to Business Quant data, Depreciation and Depletion over the past three periods registered $31.7 million, $32.7 million, and $34.2 million for Q2 2019, Q1 2019, and Q2 2018 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Depreciation and Depletion (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 19.25 Mn
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn -
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn -
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 553.00 Mn
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn -
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn -
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 322.80 Mn
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn -
10 Tsakos Energy Navigation 1.18 Bn 1.18 Bn 199.70 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2019 31.67 Mn
Jun 30, 2019 31.67 Mn
Mar 31, 2019 32.66 Mn
Mar 31, 2019 32.66 Mn
Jun 30, 2018 34.16 Mn
Jun 30, 2018 34.16 Mn
Mar 31, 2018 33.78 Mn
Mar 31, 2018 33.78 Mn
Jun 30, 2017 32.65 Mn
Jun 30, 2017 32.65 Mn
Mar 31, 2017 30.63 Mn
Mar 31, 2017 30.63 Mn
Dec 31, 2015 25.16 Mn
Dec 31, 2015 25.16 Mn
Dec 31, 2014 25.22 Mn
Dec 31, 2014 25.22 Mn
Mar 31, 2014 23.59 Mn
Mar 31, 2014 23.59 Mn
Dec 31, 2013 24.58 Mn
Dec 31, 2013 24.58 Mn