SOURCE: Tsakos Energy Navigation

Tsakos Energy Navigation

May 04, 2011 16:05 ET

Tsakos Energy Navigation Announces First Quarter 2011 Financial Results Release Date, Conference Call and Webcast

ATHENS, GREECE--(Marketwire - May 4, 2011) - Tsakos Energy Navigation Limited ("TEN" or the "Company") (NYSE: TNP) will report earnings for the first quarter ended March 31, 2011 prior to the open of the market in New York on Wednesday, May 11, 2011.

That same morning, at 10:00 a.m. Eastern Time, TEN will also host a conference call to review the results as well as management's outlook for the business. The call, which will be hosted by TEN's senior management, may contain information beyond what is included in the earnings press release.

Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 1 866 819 7111 (US Toll Free Dial In), 0800 953 0329 (UK Toll Free Dial In) or +44 (0)1452 542 301 (Standard International Dial In). Please quote "Tsakos" to the operator.

A telephonic replay of the conference call will be available until May 18, 2011 by dialing 1 866 247 4222 (US Toll Free Dial In), 0800 953 1533 (UK Toll Free Dial In) or +44 (0)1452 550 000 (Standard International Dial In). Access Code: 90295809#

Simultaneous Slides and Audio Webcast:
There will also be a simultaneous live, and then archived, slides webcast of the conference call, available through TEN's website (www.tenn.gr). The slides webcast will also provide details related to fleet composition and deployment and other related company information. This presentation will be available on the Company's corporate website reception page at www.tenn.gr. Participants for the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

ABOUT TSAKOS ENERGY NAVIGATION
Today, TEN's fleet consists of 51 double-hull vessels of 5.5 million dwt which includes two suezmax DP2 shuttle tankers and two conventional suezmax tankers currently under construction totalling 636,000 dwt. TEN's balanced fleet profile is reflected in 24 crude tankers ranging from VLCCs to aframaxes and 26 product carriers ranging from aframaxes to handysize and one LNG.

FORWARD-LOOKING STATEMENTS
Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Contact Information

  • For further information please contact:

    Company
    Tsakos Energy Navigation, Ltd.
    George Saroglou
    COO
    Tel: +30210 94 07 710
    gsaroglou@tenn.gr

    Investor Relations /Media
    Capital Link, Inc.
    Nicholas Bornozis
    Biraj Gyawali
    Tel: +212 661 7566
    ten@capitallink.com