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| Date | Value |
|---|---|
| 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 |