TEN, Ltd. Reports Profits for the Nine Months and Third Quarter Ended September 30, 2025 and Declares Common Share Dividend of $1
Tenneco Inc. Class A Voting (TEN)
Last tenneco inc. class a voting earnings: 2/20 06:00 am
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Source: GlobeNewswire
$4 billion in Minimum Contracted Revenue Gross Revenues of $577 million and net income of $103 million, or $2.75 per share $1.00 New Common Share Dividend, following $0.60 July 2025 Semi- Annual Payment Dynamic growth – 20 Vessel Total Newbuilding Program Including Three VLCCs Stronger Tanker Fundamentals Supported by Market Tightness and Geopolitics ATHENS, Greece, Nov. 20, 2025 (GLOBE NEWSWIRE) -- TEN, Ltd (TEN) (NYSE: TEN) (the “Company”) today reported results (unaudited) for the nine months and third quarter ended September 30, 2025. NINE MONTHS 2025 SUMMARY RESULTSTEN’s fleet generated $577 million in gross revenues resulting in approx. $171 million in operating income inclusive of $12.5 million in capital gains from the sale of four older vessels. The net income for the first nine months of 2025 was $103 million or $2.75 per share. Adjusted EBITDA for the first nine months of 2025 was $289 million. Fleet utilization in the first nine months of 2025 increased to 96.
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