Tsakos Energy Navigation Limited (TNP) Stock Split History

Tsakos Energy Navigation Limited has split its stock 2 times since its initial public offering (IPO). The first stock split occurred on November 15, 2007 with the ratio of 2-for-1, meaning that for 1 share of TNP owned pre-split, shareholders then owned 2 shares. The most recent stock split took place on July 01, 2020 on a 1-for-5 basis.

These actions have increased TNP stock's liquidity and made it more appealing to a larger group of investors. However, it's important to remember that a stock split only change the number of shares and the price per share with no impact on Tsakos Energy Navigation Limited's total market capitalization.

For more detailed information of Tsakos Energy Navigation Limited's stock splits, view the table below:

TNP stock split list

Date	Split Ratio
2020-07-01	1 - for - 5
2007-11-15	2 - for - 1

Will Tsakos Energy Navigation Limited Stock Split in 2024?

The answer will depend on the decisions of the company's managers and market volatility. Tsakos Energy Navigation Limited has not made an official announcement regarding whether it will enact a stock split or reverse stock split, but it has a history of doing so when TNP stock prices become too high or too low for retail investors. Therefore, the ultimate decisions will certainly be made by Tsakos Energy Navigation Limited's board of directors. Typically, no action is taken until its price per share reaches a specific threshold.

Stock Splits of Industry Leaders

Ticker Symbol	Latest Split Date	Split Ratio
ENB	2011-06-01	2 - for - 1
EPD	2014-08-22	2 - for - 1
ET	2015-07-27	2 - for - 1
WMB	1997-12-30	2 - for - 1
OKE	2012-06-04	2 - for - 1
LNG	2005-04-25	2 - for - 1
PAA	2012-10-02	2 - for - 1
PAA	2012-10-02	2 - for - 1
ENLC	2006-12-18	3 - for - 1
FRO	2016-02-03	1 - for - 5