ATHENS, Greece (AP) — ATHENS, Greece (AP) — Tsakos Energy Navigation Ltd. (TNP) on Wednesday reported net income of $31.8 million in its fourth quarter.

The Athens, Greece-based company said it had net income of 85 cents per share. Earnings, adjusted for asset impairment costs, were $1.56 per share.

The oil and gas shipping company posted revenue of $220.2 million in the period.

For the year, the company reported profit of $300.2 million, or $9.04 per share. Revenue was reported as $733.8 million.

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