Taskos Energy Announces Financial Results for Nine Months and Third Quarter

Taskos Energy Navigation Limited (NYSE: TNP) has announced its financial results for nine months and third quarter that ended September 30, 2012.

Highlights from press release:

• Voyage revenues of $293.7 million
• Positive EBITDA generated from all operational ships totalling $87.7 million
• $11.9 million in operating income vs. $4.6 million in nine-months 2011 (159% increase)
• 24% improvement in the net results, ($24.9) million loss vs. ($32.9) million loss in nine-months 2011

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