Tsakos Energy Navigation Ltd. (NYSE:TNP)

I like big ships. I like tanker ships. I like companies that operate them. I especially like when those companies operate in a specialized market, but have diverse types of ships (handymax, panamax, aframax, suezmax, LNG, finished products, and VLCC) to do business with. I'm even happier when that company has a decent new-build pipeline that is both ambitious and fiscally responsible (not betting the farm), and that helps increase its capacity AS WELL as its diversity (new VLCC and LNG tankers recently delivered). It's wonderful when the company secures long-term profitability by arranging long-term employment contracts on those ships, so they aren't sitting idle and doing nothing and they aren't counting on the whims of an unpredictable spot market. I like that more new ships are still in the pipeline for the upcoming year, and that most of those are already on contracts! I don't like the declining dividend, but that should be short-term and if it goes into responsibly investing in the company then that's not such a problem. I like that, in a capital-intensive industry, Tsakos can still pay all its bills and there's no reason to think that is going to change soon. I like that even a terrible market for the industry isn't hurting this company very much. I like that it's poised to ship from Nigeria and Libya and that OPEC threats don't mean the company will be having problems. I like most everything about Tsakos Energy! So I'm obviously long-term bullish on this baby!

Good looking stats. Increasing div returns. Balance sheet and cash flow all show exponential increases in last 3 years.