Welcome to our dedicated page for Pyxis Tankers news (Ticker: PXS), a resource for investors and traders seeking the latest updates and insights on Pyxis Tankers stock.
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) reported unaudited Q1 2026 results with revenue of $10.0 million, up from $9.6 million in Q1 2025. TCE revenues reached $9.9 million, an 18.2% increase. Net income rose to $2.4 million, or $0.23 per share, versus $0.8 million, or $0.07, a year earlier. Adjusted EBITDA was $5.4 million, up $1.9 million. The company highlighted higher TCE rates, better utilization, and lower operating expenses per day. Liquidity approaches $100 million, including $54.4 million of cash, cash equivalents and time deposits plus a $45 million “Hunting License” loan facility. One MR tanker, Pyxis Karteria, operates safely in the Persian Gulf on a fixed-rate time charter through August 2026. Management acknowledges elevated macroeconomic and geopolitical risks but views product tanker market fundamentals as constructive.
Pyxis Tankers (NASDAQ:PXS) will release its unaudited Q1 2026 results after the New York market close on Monday, May 18, 2026. An accompanying slide presentation of the first quarter 2026 financial results will be available on the company’s website in the Investor Relations > Presentations section.
Pyxis Tankers (NASDAQ: PXS) announced a CFO transition: Henry Williams will step down at the end of April 2026 and Fotis Giannakoulis will become CFO effective May 1, 2026. Fotis brings 25 years of ship finance experience across lending, research and investment banking.
The company said the change is an orderly leadership transition and thanked Williams for his service since the 2015 public listing.
Pyxis Tankers (NASDAQ: PXS) filed its Annual Report on Form 20-F for the year ended December 31, 2025 with the U.S. Securities and Exchange Commission on April 1, 2026.
The report, which includes audited financial statements, is available on the company website and shareholders may request a free hard copy by contacting the company.
Pyxis Tankers (Nasdaq Cap Mkts: PXS) reported results for the quarter and year ended December 31, 2025. For Q4 2025, revenues were $10.5M, TCE revenues $10.2M (up 28.2% vs. Q4 2024) and net income attributable to common shareholders was $2.0M versus a loss in Q4 2024. For FY 2025, revenues were $39.0M and adjusted EBITDA was $14.1M. The company closed two Alpha Bank refinancings totaling principal of $33.35M at SOFR+1.90%, generating $9.9M incremental net proceeds. Year-end cash and short-term deposits approached $54M and available credit is $45M.
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.