Pyxis Tankers Inc. reports developments for an international diversified shipping company focused on mid-sized eco-vessels in the product tanker and dry-bulk markets. Its fleet transports refined petroleum and energy products, liquid bulk cargoes and dry-bulk commodities through MR product tankers, a Kamsarmax bulk carrier and dry-bulk joint venture interests.
Recurring news covers quarterly and annual financial results, time charter equivalent revenue, chartering activity, vessel employment, loan agreements, refinancing activity, common share repurchase programs, annual report filings and management transitions. Company updates also discuss market conditions affecting product tanker and dry-bulk vessel supply, demand and charter rates.
Pyxis Tankers (NASDAQ: PXS) will release unaudited fourth quarter and year‑ended December 31, 2025 results before U.S. markets open on Thursday, March 5, 2026.
An accompanying slide presentation for the fourth quarter and year end 2025 financial results will be posted on the company website under Investor Relations > Presentations.
Pyxis Tankers (NASDAQ: PXS) announced loan refinancings, share repurchases and updated chartering for Q1 2026. Alpha Bank refinancings closed Dec 17, 2025 for $18.6M and $14.75M with 5-year maturities and quarterly principal repayments of $375k and $450k, generating $9.9M net proceeds. Piraeus Bank amendments completed Jan 26, 2026 for $42.1M aggregate principal, extended maturities six months and reduced margins to Term SOFR+1.80% (weighted 58 bps savings).
As of Jan 23, 2026 the company repurchased 115,873 shares for ~$0.3M (avg $2.94), with $2.7M remaining. Fleet bookings for Q1 2026: 73% MR days at ~$23,100 TCE and 27% dry bulk days at ~$12,000 TCE. Unrestricted cash ~$52.0M; committed loan facility up to $45.0M.
Pyxis Tankers (NASDAQ: PXS) announced that on November 19, 2025 its board authorized a program to repurchase up to $3.0 million of common shares.
Repurchases may occur in open market transactions, privately negotiated deals, accelerated share repurchase programs, or a combination, and the program may run for up to bone year
Pyxis Tankers (NASDAQ: PXS) reported results for the quarter ended September 30, 2025: Q3 revenues $9.7M, TCE revenues $8.9M (Q3 TCE down $2.7M or 23.5% YoY) and Adjusted EBITDA $4.2M.
Quarter net income attributable to common shareholders was $1.2M (EPS $0.11), vs $3.6M (EPS $0.34) in Q3 2024. Nine-month revenues were $28.5M and Adjusted EBITDA declined to $8.9M.
Operational highlights: MR TCE Q3 avg $21,085/d (down 29.3% YoY), bulker TCE Q3 avg $13,513/d. Company authorized a $3.0M buyback, expects $10M incremental cash from December 2025 refinancing and has a $45M loan facility to support acquisitions.
Pyxis Tankers (NASDAQ: PXS) said it will release unaudited results for the third quarter ended September 30, 2025 after the New York market close on Thursday, November 20, 2025.
An accompanying slide presentation of the third quarter 2025 financial results will be posted on the company's website under the Presentations section of the Investor Relations page.
Pyxis Tankers (NASDAQ:PXS) reported challenging Q2 2025 financial results amid a decelerating market environment. The company posted revenues of $9.2 million, down 34.2% year-over-year, and a net loss of $2.0 million ($0.19 per share), compared to net income of $5.0 million in Q2 2024.
The company's MR tankers generated an average TCE rate of $20,686 per day, declining 37.1% year-over-year, while dry-bulk carriers recorded $12,840 per day, down 42.5%. Adjusted EBITDA decreased significantly to $1.2 million from $8.0 million in Q2 2024.
Looking ahead, Pyxis secured a new $45 million bank commitment to potentially acquire two vessels by January 2027. The company maintains a cautious outlook for both tanker and dry-bulk markets amid global economic uncertainties, though recent developments like the EU's $750 billion energy trade agreement with the U.S. could provide positive momentum.
Pyxis Tankers (NASDAQ:PXS), a company specializing in seaborne transportation of refined petroleum products and dry bulk commodities, has scheduled its Q2 2025 earnings release for August 8, 2025, before the New York market opens.
The company will also make available a slide presentation of the financial results on their website's Investor Relations page under the Presentations section.
Pyxis Tankers Inc. (PXS), a company specializing in seaborne transportation of refined petroleum products and dry bulk commodities, has scheduled the release of its first quarter 2025 financial results for Wednesday, May 21, 2025, before the New York market opens. The company will make a presentation of the Q1 2025 results available on its website in the Investor Relations section under Presentations.
Pyxis Tankers (PXS) has secured a commitment letter for a "hunting license" loan facility of up to $45 million to potentially acquire up to two modern vessels. The facility allows for financing up to 62.5% of vessel purchase value for either product tankers (45-115K dwt) or dry bulk carriers (60-85K dwt). The loan can be drawn within 18 months after closing, expected in June 2025, with an interest rate of SOFR + 1.9%. Repayment will occur quarterly over 5 years from drawdown. The remaining purchase consideration will be funded through the Company's cash equity.