TEN HLDGS INC.O.N.

TEN has ordered a second LNG tanker from Hyundai Heavy Industries, scheduled for delivery in Q1 2029, bringing the newbuilding program to 20 vessels. The first ship in the program, the DP shuttle tanker "Anfield", is due for delivery at the end of July and is covered by a charter of at least ten years with a large US oil major, with extension options up to 20 years. TEN currently operates 83 vessels, reports secured minimum revenues of 3.5 billion USD, and shows a dividend yield of 5.65% as well as analyst targets between 42 and 50 USD. » More on de.investing.com

TEN Holdings completed the sale of 7.5 million common shares at $1.00 per share, generating gross proceeds of about $7.5 million; WestPark Capital was sole placement agent. The offering was made pursuant to an effective S‑1 registration, and the proceeds are intended for general working capital and debt repayment. The stock has recently traded well above the offering price, cash exceeds short‑term liabilities, although the company reported a net loss of $17.58 million over the past twelve months. » More on de.investing.com

Ten reported for the quarter ended 31 Dec. 2025 a loss per share of $8.27 versus -$0.61 in the year-ago quarter, with revenue of $0.7 million (−13.4%). For the full year, the loss per share widened to $8.58 from -$1.80 the previous year, and annual revenue fell to $3.10 million (−11.4%). » More on finanzen.net