Tsakos Energy Navigation (TEN) Operating Expenses (2009 - 2026)
Tsakos Energy Navigation (TEN) posted quarterly Operating Expenses of $143.1 million for Q1 2026, up 4.88% year-over-year from $136.4 million in Q1 2025, and up 1.55% quarter-over-quarter from $140.9 million in Q4 2025.
Tsakos Energy Navigation (TEN) 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 for Q1 2026 stood at $143.1 million, up from $140.9 million in the prior quarter.
- The five-year high for Operating Expenses was $163.5 million in Q4 2023, with the low at $62.1 million in Q1 2023.
- The 5-year median for Operating Expenses is $140.9 million (2025), against an average of $136.3 million.
- The sharpest annual moves came in 2023 and 2024: Operating Expenses tumbled 55.71% in 2023, then soared 101.96% in 2024.
- Tsakos Energy Navigation's Operating Expenses stood at $147.8 million in 2022, then advanced by 10.57% to $163.5 million in 2023, then slipped by 10.78% to $145.8 million in 2024, then decreased by 3.39% to $140.9 million in 2025, then gained by 1.55% to $143.1 million in 2026.
- Business Quant data shows TEN's Operating Expenses at $143.1 million in Q1 2026, $140.9 million in Q4 2025, and $125.8 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 3.13 Bn |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 19.09 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 16.13 Bn |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 30.76 Bn |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 851.61 Mn |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 4.00 Mn |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 1.93 Bn |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 354.10 Mn |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 1.44 Bn |
| 10 | Tsakos Energy Navigation | 1.27 Bn | 1.27 Bn | 199.70 Mn | 143.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |