Tsakos Energy Navigation Limited provides seaborne crude oil and petroleum product transportation services worldwide. The company offers marine transportation services for national, major, and other independent oil companies and refiners under long, medium, and short-term charters. It also operates a fleet of double-hull vessels, such as conventional tankers, LNG carriers, and suezmax DP2 shuttle tankers. The company was formerly known …
Full TEN-PE analysis →
Competitive advantage assessment
Key strengths
Operating Leverage in EffectOperating leverage is evident (score 0.84), with margins expanding over time.
Key risks
Weak or Negative Cash FlowCash generation is weak (score 0.33), limiting financial flexibility.
ROIC Below WACC or PeersROIC at 36.7th percentile suggests inefficient capital deployment.
The dashed ring is the peer median. Defense scores are percentile ranks
against peers, so 50 is roughly the typical company in this group.
Upgrade to unlock the signals and evidence behind each defense.
Premium access
Unlock full defense analysis
Get key signals, strengths, and risks for every moat dimension.
How TEN-PE scores on the Corporate Default defenses
Pricing Power
Score 38
· 20% of the moat score
Pricing power is the ability to raise prices without losing volume.
Cost Advantage
Score 56
· 15% of the moat score
A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.
Customer Stickiness
Score 44
· 15% of the moat score
Stickiness is what makes revenue repeat without being re-won every year.
Capital Efficiency
Score 47
· 18% of the moat score
Capital efficiency asks what the company earns on the money tied up in the business.
Resilience
Score 41
· 17% of the moat score
Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.
Scale & Market Position
Score 65
· 15% of the moat score
Scale matters only when it converts into economics.
What is Tsakos Energy Navigation Ltd Se's moat score?
Tsakos Energy Navigation Ltd Se (TEN-PE) scores 48 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as developing. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 67 companies in Oil & Gas Midstream. Its strongest defense is Scale & Market Position (65/100) and its weakest is Pricing Power (38/100).
How is the moat score calculated?
Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 67 companies in Oil & Gas Midstream. The defenses are then weighted to produce the overall score out of 100.
Why is Tsakos Energy Navigation Ltd Se scored with the Corporate Default template?
Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.
Which competitive defenses are measured for Tsakos Energy Navigation Ltd Se?
The Corporate Default template measures 6 defenses, and TEN-PE scores: Pricing Power (38), Cost Advantage (56), Customer Stickiness (44), Capital Efficiency (47), Resilience (41), Scale & Market Position (65). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.
We value your privacy
We use cookies to enhance your browsing experience, analyze site traffic, and personalize content. By clicking 'Accept All', you consent to our use of cookies.
Read our cookie policy
Cookie Preferences
Manage your cookie preferences. Essential cookies are always enabled.