Tsakos Energy Navigation's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Tsakos Energy Navigation Limited (TNP)

Q2 2012 Earnings Call

August 3, 2012 10:00 AM ET


Nicolas Bornozis – President, Capital Link and Investor Relation Advisor, Tsakos Energy

Nikolas Tsakos – President and CEO

John Stavropoulos – Chairman

George Saroglou – VP and COO

Paul Durham – CFO


Urs Dür – Clarkson Capital

Gregory Lewis – Credit Suisse

David Beard – IBERIA Capital Partners



Good afternoon. Thank you for standing by ladies and gentlemen. And welcome to the Tsakos Energy Navigation Conference call on the Second Quarter and Six Months 2012 Financial Results. We have with us Mr. John Stavropoulos, Chairman; Mr. Nikolas Tsakos, President and CEO; Mr. Paul Durham, Chief Financial Officer; and Mr. George Saroglou, Chief Operating Officer of the company.

At this time, all participants are in a listen-only mode. There will be a presentation followed by question-and-answer session (Operator Instructions). I must advise you this conference is being recorded today, Friday, August 3, 2012.

And I now pass the floor to Mr. Nicolas Bornozis, President of Capital Link, Investor Relation Advisor of Tsakos Energy Navigation. Please go ahead, sir.

Nicolas Bornozis

Thank you very much and good morning to all of our participants. This is Nicolas Bornozis of Capital Link, Investor Relations Advisor to Tsakos Energy Navigation. The company released its financial results for the second quarter and six months of 2012. The press release has been distributed publicly and you should have received a copy of it by now. Should you not have a copy, please call us at 212-661-7566 or email us at ten@capitallink.com and we will email it to you.

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