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

4.27

Mkt cap

45M

Volume

47K

High

4.33

P/E Ratio

1.55

52-wk high

5.53

Low

4.24

Div yield

N/A

52-wk low

3.54

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

Pyxis Tankers (NASDAQ:PXS) reported Q3 earnings of $0.26 per share, surpassing the $0.19 estimate, and sales of $11.10M, exceeding the $8.25M estimate. However, these figures represent a decrease from the same period last year, with earnings down 38.1% and sales down 34.71%.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 12:46 pm

Earnings reports are scheduled for November 20, 2023, for a variety of companies across different sectors. The reports include a mix of projected earnings per share and revenue figures for companies such as Greenland Technologies, Pyxis Tankers, and Agilent Technologies, among others. Some companies are expected to report losses, such as Xcel Brands and Enanta Pharma. The earnings release could influence the stock prices of these companies in the short term.

Portfolio Pulse from Benzinga Insights

November 20, 2023 | 12:11 pm

Pyxis Tankers (NASDAQ:PXS) is scheduled to release its quarterly earnings report on Monday, 2023-11-20, with analysts estimating an EPS of $0.19. Investors are looking for an earnings beat and positive guidance for the next quarter. Historical data shows that PXS's stock price tends to drop following an earnings miss. Over the last year, PXS shares have decreased by 19.88%, and long-term shareholders may be concerned ahead of the earnings release.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 3:01 pm

Benzinga Insights has identified several value stocks in the energy sector that may be worth watching, including Pyxis Tankers (PXS), Seadrill (SDRL), PBF Energy (PBF), Frontline (FRO), and Callon Petroleum (CPE). These companies have shown changes in their earnings per share and dividend yields in the recent quarter. However, the risk of investing in a value stock is that the emergence from its undervalued position may never materialize.

Portfolio Pulse from Benzinga Insights

October 19, 2023 | 2:39 pm

Pyxis Tankers has agreed to sell its 2015 built 50,295 dwt. product tanker, Pyxis Epsilon, for a sale price of $40.75M.

Portfolio Pulse from Benzinga Newsdesk

September 22, 2023 | 11:51 am

During Monday's intraday session, several industrials stocks experienced significant movement. Gainers included Archer Aviation (ACHR), Symbotic (SYM), Nikola (NKLA), Eos Energy Enterprises (EOSE), SKYX Platforms (SKYX), and Velo3D (VLD). Losers included Tigo Energy (TYGO), Asia Pacific Wire & Cable (APWC), Ault Alliance (AULT), iSun (ISUN), FiscalNote Holdings (NOTE), and Pyxis Tankers (PXS).

Portfolio Pulse from Benzinga Insights

July 31, 2023 | 5:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.