TEN LTD REPORTS YEAR END AND FOURTH QUARTER 2016 PROFITS AND DECLARES DIVIDEND
(WorldNews Greece)

TSAKOS ENERGY NAVIGATION LIMITED ( T E N ) 367 Syngrou Avenue, 175 64 P. Faliro, Hellas Tel: 30210 94 07 710-3,Fax: 30210 94 07 716,e-mail: ten@tenn.gr Website:http://www.tenn.gr Press Release March 17, 2017 TEN LTD REPORTS YEAR END AND FOURTH QUARTER 2016 PROFITS AND DECLARES DIVIDEND $55.8 million net income for the year 2016 or $0.47 earnings per share Entire 15 vessel newbuilding program on long term charters Totals $1.4 billion in minimum contracted future revenues RECENT HIGHLIGHTS Net income for the year 2016 of $55.8 million or $0.47 per share EBITDA for the year 2016 of $205.1 million. Net income in the fourth quarter 2016 of $11.9 million or $0.10 per common share, net of preferred...