While certainly valid concerns, they do not justify a more than 60% discount to NAV, at least not in my opinion. | --- | --- | |--------------------------------------------------|-------| | Pyxis Tankers - Net Asset Value June 2024 | | | Fleet Value (net of non-controlling interest) | 178.9 | | Cash and Restricted Cash | 49.0 | | Estimated Q2/2024 Cash Generation | 5.0 | | Vessel Purchase Obligations | 18.1 | | Long-Term Debt (net of non-controlling interest) | 66.6 | | Preferred Stock | 10.1 | | Net Asset ...

Considering the favorable prospects for both sectors and our existing capital resources, along with established lending relationships, we remain committed to actively pursuing value-enhancing investment opportunities. We have decided to further expand our fleet by investing in the acquisition of a sister-ship of our Konkar Asteri. of Black Swan events only add to market uncertainty. Good day, and welcome to the Pyxis Tankers conference call to discuss the financial results for the first quarter 2024. I must ...

Maroussi, Greece – May 21, 2024 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), ("we", "our", "us", the "Company" or "Pyxis Tankers"), an international shipping company, announced today key strategic and financial actions to further enhance its shareholder value. The Company has entered into an agreement with a group of sellers, including the Company's Chairman and Chief Executive Officer, Mr. Eddie Valentis, to acquire, through a joint venture, an eco-efficient Kamsarmax (82,000 dwt), dry-bulk vessel built i ...

Maroussi, Greece, May 21, 2024 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), ("we", "our", "us", the "Company" or "Pyxis Tankers"), an international shipping company, today announced unaudited results for the three months ended March 31, 2024. SummaryFor the three months ended March 31, 2024, our Revenues, net were $11.8 million. For the same period, our time charter equivalent ("TCE") revenues were $10.2 million, an increase of $0.9 million, or 10.2%, over the comparable period in 2023. Our net income attri ...

Maroussi, Greece, May 17, 2024 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, today announced the following: Date of Earnings Release. We will issue our unaudited results for the first quarter ended March 31, 2024, before the market opens in New York on Tuesday, May 21, 2024.  We will host a conference call on the same day to discuss the results at 8:30 a.m. Eastern Time. Conference Call details: Participants should dial into the call 10 minutes before the scheduled time usi ...

Maroussi, Greece, May 17, 2024 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an international shipping company, today announced the following: Date of Earnings Release. We will issue our unaudited results for the first quarter ended March 31, 2024, before the market opens in New York on Tuesday, May 21, 2024.  We will host a conference call on the same day to discuss the results at 8:30 a.m. Eastern Time. Conference Call details: Participants should dial into the call 10 minutes before the scheduled time usi ...

In 2022 and 2023, US and several European leaders announced various economic sanctions against Russia in connection with the aforementioned conflicts in the Ukraine region, which may adversely impact our business. Economic slowdown in the Asia Pacific region, particularly in China, may have a material adverse effect on us, as we anticipate a significant number of the port calls made by our vessels will involve the loading or discharging of dry-bulk commodities in ports in the Asia Pacific region. Changes in ...

Pyxis Tankers Inc. (NASDAQ:PXS) Q4 2023 Results Conference Call March 14, 2024 4:30 PM ET Eddie Valentis - Chairman and Chief Executive Officer Henry Williams - Chief Financial Officer Good afternoon, and welcome to the Pyxis Tankers Prerecorded Conference Call to discuss the Financial Results for the Three Months and Year Ended December 31, 2023. As a reminder, today's call is being recorded. Additionally, a live webcast of today's conference call and an accompanying presentation is available on Pyxis Tank ...

Company Participants Conference Call Participants Good day and welcome to the Pyxis Tankers Conference Call to discuss the Financial Results for the Third Quarter 2023. As a reminder, todayÂ's call is being recorded. Additionally, a live webcast of todayÂ's conference call and an accompanying presentation is available on Pyxis Tankers website, which is www.pyxistankers.com. I would like to pass the floor to one of your speakers today, Mr. Eddie Valentis. Please go ahead, sir. Good morning, everyone, and tha ...

An International Shipping Company DISCLAIMER This presentation contains forward-looking statements and forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995 applicable securities laws. The words "expected'', "estimated", "scheduled", "could", "should", "anticipated", "long-term", "opportunities", "potential", "continue", "likely", "may", "will", "positioned", "possible", "believe", "expand" and variations of these terms and similar expressions, or the negativ ...