Paul Durham - TNP Old CFO
| TNPDelisted Stock | USD 29.28 0.26 0.88% |
CFO
Mr. Paul Durham is Chief Financial Officer, Chief Accounting Officer of Tsakos Energy Navigation Limited since 2000. Mr. Durham is a Fellow of the Institute of Chartered Accountants of England Wales. From 1989 through 1998, Mr. Durham was employed in Athens with the Latsis Group, a shipping, refinery and banking enterprise, becoming Financial Director of Shipping in 1995. From 1983 to 1989, Mr. Durham was employed by RJR Nabisco Corporationrationration, serving as audit manager for Europe, Asia and Africa until 1986 and then as financial controller of one of their United Kingdom food divisions. Mr. Durham worked with public accounting firms Ernst Young from 1972 to 1979 and Deloitte Touche from 1979 to 1983. Mr. Durham is a graduate in Economics from the University of Exeter, England. since 2000.
| Age | 73 |
| Tenure | 25 years |
| Phone | 30 210 94 07 710 |
| Web | https://www.tenn.gr |
TNP Old Management Efficiency
The company has Return on Asset of 0.0503 % which means that on every $100 spent on assets, it made $0.0503 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1086 %, implying that it generated $0.1086 on every 100 dollars invested. TNP Old's management efficiency ratios could be used to measure how well TNP Old manages its routine affairs as well as how well it operates its assets and liabilities.TNP Old has 1.6 B in debt with debt to equity (D/E) ratio of 1.13, which is OK given its current industry classification. TNP Old has a current ratio of 0.88, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for TNP to invest in growth at high rates of return.
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Management Performance
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0503 |
TNP Old Leadership Team
Elected by the shareholders, the TNP Old's board of directors comprises two types of representatives: TNP Old inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TNP. The board's role is to monitor TNP Old's management team and ensure that shareholders' interests are well served. TNP Old's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TNP Old's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Michael Jolliffe, Co-Founder, Vice Chairman, Chairman of Bus. Devel. and Capital Markets Committee and Member of Operational, Safety and Environmental Committee | ||
| Maria Vassalou, Independent Director | ||
| Nikolas Tsakos, Founder, CEO and President Executive Director, Chairman of Chartering Committee, Member of Bus. Devel. and Capital Markets Committee and Member of Operational and Financial Risk Committee | ||
| George Saroglou, COO, VP, Executive Director, Member of Chartering Committee, Member of Bus. Devel. and Capital Markets Committee and Member of Operational and Financial Risk Committee | ||
| Vasileios Papageorgiou, Chief Marine Officer | ||
| Paul Durham, CFO, Chief Accounting Officer and Member of Operational and Financial Risk Committee | ||
| Efstratios Arapoglou, Independent Chairman of the Board | ||
| Aristides Patrinos, Independent Director | ||
| Efthimios Mitropoulos, Independent Director | ||
| Denis Petropoulos, Independent Director | ||
| Nicholas Tommasino, Independent Director | ||
| Harrys Kosmatos, Corporate Officer |
TNP Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TNP Old a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.11 | |||
| Return On Asset | 0.0503 | |||
| Profit Margin | 0.21 % | |||
| Operating Margin | 0.30 % | |||
| Current Valuation | 2.18 B | |||
| Shares Outstanding | 29.51 M | |||
| Shares Owned By Insiders | 26.86 % | |||
| Shares Owned By Institutions | 20.42 % | |||
| Number Of Shares Shorted | 276 K | |||
| Price To Earning | 7.22 X |
Pair Trading with TNP Old
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TNP Old position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TNP Old will appreciate offsetting losses from the drop in the long position's value.Moving against TNP Stock
| 0.8 | INTC | Intel Earnings Call Today | PairCorr |
| 0.77 | JNJ | Johnson Johnson Fiscal Year End 28th of January 2025 | PairCorr |
| 0.76 | HPQ | HP Inc | PairCorr |
| 0.72 | PBCRF | PT Bank Central Earnings Call Tomorrow | PairCorr |
| 0.68 | PBMRF | PT Bumi Resources | PairCorr |
The ability to find closely correlated positions to TNP Old could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TNP Old when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TNP Old - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TNP Old to buy it.
The correlation of TNP Old is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TNP Old moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TNP Old moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TNP Old can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Other Consideration for investing in TNP Stock
If you are still planning to invest in TNP Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the TNP Old's history and understand the potential risks before investing.
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