Streetbeat News

PXS

Pyxis Tankers Inc.

https://www.pyxistankers.com

Industry

Marine Shipping

Pyxis Tankers Inc. operates as a maritime transportation company with a focus on the tanker sector in the United States. Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals. As of March 31, 2022, the company operated a fleet of five tankers. Pyxis Tankers Inc. was incorporated in 2015 and is based in Maroussi, Greece.

Open

3.31

Mkt cap

35M

Volume

35K

High

3.45

P/E Ratio

1.18

52-wk high

5.53

Low

3.24

Div yield

N/A

52-wk low

3.24

Pyxis Tankers (NASDAQ:PXS) reported Q1 earnings of $0.30 per share, a 57.75% decrease from $0.71 per share YoY. Sales increased by 1.63% to $11.80 million from $11.62 million YoY.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 12:04 pm

Pyxis Tankers has announced through an SEC filing that a selling stockholder may sell up to 4.4 million shares of common stock in one or more offerings. This move could potentially impact the stock's market performance in the short term.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:53 pm

Pyxis Tankers Inc has filed with the SEC for a mixed shelf offering, allowing it to issue various securities up to a total value of $100 million. This strategic move could provide the company with flexible financing options for future growth, acquisitions, or debt management.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:52 pm

Pyxis Tankers (NASDAQ:PXS) reported Q4 earnings with an EPS of $0.38, beating estimates by 52.0% but with a revenue decrease of $5.13 million from the previous year. Despite outperforming EPS estimates in past quarters, such performance has previously led to a 4.0% drop in share price the following day.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 8:45 pm

Pyxis Tankers (NASDAQ:PXS) reported Q4 2023 earnings of $0.38 per share, surpassing the $0.25 estimate, with sales of $13.249M beating the $9.000M estimate, despite a 27.91% decrease from last year's $18.378M.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 8:41 pm

Numerous companies are scheduled to report their earnings on March 14, 2024, covering a wide range of industries from technology to healthcare. The reports include a mix of expected quarterly earnings and losses, with key figures such as revenue and per-share earnings highlighted for each company.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 9:52 am

The article highlights five energy sector stocks considered as value stocks due to their low P/E multiples: Pyxis Tankers (PXS), HF Sinclair (DINO), TotalEnergies (TTE), Tsakos Energy Navigation (TNP), and Par Pacific Holdings (PARR). It details recent earnings per share increases for these companies, with HF Sinclair and Par Pacific showing significant growth. The piece emphasizes the potential for value stocks to rebound but also notes the risk of non-materialization.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 2:39 pm

In Monday's pre-market session, several industrial stocks showed significant movement. Bitcoin Depot (BTM) and Pyxis Tankers (PXS) were among the gainers, with shares rising 9.2% and 9.17%, respectively. Jet AI (JTAI), Vertical Aerospace (EVTL), Desktop Metal (DM), and Blink Charging (BLNK) also saw their stocks move upwards. On the losing side, Spirit AeroSystems Holdings (SPR) shares dropped 16.9%, while Multi Ways Holdings (MWG), Northann (NCL), Boeing (BA), Himalaya Shipping (HSHP), and Alaska Air Group (ALK) experienced declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 08, 2024 | 1:06 pm

During Tuesday's intraday session, several industrial stocks experienced significant movements. AERWINS Technologies (AWIN) saw a 60.9% increase, while Wheels Up Experience (UP) rose by 31.8%. Shapeways Holdings (SHPW) increased by 19.29%, Nuvve Holding (NVVE) by 17.92%, Ault Alliance (AULT) by 17.23%, and Satellogic (SATL) by 14.54%. On the downside, Turbo Energy (TURB) dropped by 26.6%, DSS (DSS) by 18.56%, NeoVolta (NEOV) by 15.84%, ZIM Integrated Shipping (ZIM) by 15.33%, Northann (NCL) by 11.28%, and Pyxis Tankers (PXS) by 10.24%.

Portfolio Pulse from Benzinga Insights

December 26, 2023 | 5:31 pm

Pyxis Tankers has agreed to purchase an eco-efficient Kamsarmax dry bulk vessel, equipped with a ballast water treatment system and scrubber, for $26.625 million. The acquisition will be financed through bank debt and cash.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 12:49 pm

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