TEN Q2 2020 Earnings — Tsakos Energy Navigation Limited Revenue & Financial Results | Market Cap Arena

TENTsakos Energy Navigation Limited

$1B

Q2 2020 Earnings

Energy Oil & Gas Midstream

Income Statement

Revenue

$2.6B-41.5% YoY

Gross Profit

$139M5.3% margin

Operating Income

-$270M-10.2% margin

Net Income

-$350M-13.3% margin

EPS (Diluted)

$-6.95

QoQ Revenue Growth

-31.3%

Cash Flow

Operating Cash Flow

-$179M

Free Cash Flow

-$254M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.2B

Total Liabilities

$1.7B

Stockholders' Equity

$1.5B

Cash & Equivalents

$257M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.6B	$4.5B	-41.5%
Gross Profit	$139M	$711M	-80.5%
Operating Income	-$270M	$176M	-253.4%
Net Income	-$350M	$26M	-1446.2%

Revenue Segments

Clean Air Division

$1.1B43%

Powertrain

$602M23%

Motorparts

$559M21%

Ride Performance Division

$336M13%