Navigating the High Seas of Energy Transportation: A Compelling Opportunity
With a formidable fleet of 62 vessels and 12 more on the horizon, Tsakos Energy Navigation (NYSE:TEN) has established itself as a significant player in the energy transportation sector. What initially drew me to this company was its substantial presence in the Suezmax and Aframax markets.
As an investor with a focus on European small-caps, I believe it’s essential to construct a portfolio that balances dividend yield with growth potential. Tsakos Energy Navigation, with its diversified fleet and robust operations, presents an attractive opportunity for those willing to take a long-term view.
As a disclosure, I hold a beneficial long position in TEN.PR.F through various means, including stock ownership and derivatives. My opinions are my own, and I receive no compensation for this article beyond what Seeking Alpha provides. I have no business ties to any companies mentioned in this piece.
It’s essential to remember that past performance is no guarantee of future success, and individual investors should carefully consider their own risk tolerance and goals before investing in any security.
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