Pyxis Tankers Announces Q2 2025 Financial Results Release Date

Pyxis Tankers plans to release its Q2 2025 financial results on August 8, 2025, before the market opens in New York. The company will also provide an accompanying slide presentation on its website. Analyst rating on the stock is a Buy with a $10.00 price target.

Pyxis Tankers Inc. (PXS) has announced that it will release its unaudited financial results for the second quarter of 2025 on August 8, 2025, before the market opens in New York. The company will also provide an accompanying slide presentation on its website. This move follows Pyxis Tankers' ongoing efforts to maintain transparency and engage with stakeholders [2].

The most recent analyst rating on PXS stock is a Buy with a $10.00 price target. According to TipRanks, the overall stock score for Pyxis Tankers is primarily influenced by its financial performance, which shows positive trends in profitability and equity stability. However, technical analysis indicates a bearish trend, and valuation metrics suggest potential overvaluation or financial difficulties [2].

Pyxis Tankers is an international shipping company based in Maroussi, Greece, specializing in the seaborne transportation of refined petroleum products and dry bulk commodities. The company operates a modern fleet of six mid-sized eco-vessels, including three MR product tankers and one Kamsarmax bulk carrier, with controlling interests in two dry-bulk joint ventures [2].

The company's mixed quarterly results for Q2 2025 include:
- Time charter equivalent revenues of $8.8 million, down 28.2% from Q2 2024.
- A net loss of $1.9 million, or $0.19 EPS (basic and diluted).
- Adjusted EBITDA of $1.2 million, down $6.8 million from Q2 2024 [1].

The company's Chairman & CEO, Valentios Valentis, commented on the results, stating, "Decelerating market environment continues to impact results. We reported results for the second fiscal quarter, 2025 with Revenues, net of $9.2 million, Adjusted EBITDA of $1.2 million and net loss per share of $0.19. In comparison to the comparable 2024 period, quarterly results were largely impacted by a $3.5 million decline in TCE revenues and a $2.9 million increase in general and administrative expenses, substantially reflecting the payment of a non-recurring long-term prior performance bonus" [3].

For the period ended June 30, 2025, the company's MR tankers generated an average TCE rate of $20,686 per day, which declined about $2,900 per day sequentially from the first quarter of 2025 and decreased by 37% from the second quarter of last year. As of August 7, 2025, the company's MRs were employed at an average estimated TCE of $21,600 per day, with 91% of available days booked in the third quarter ending September 30, 2025 [1].

In the dry-bulk market, chartering conditions remained depressed during the first half of 2025, weighed down by soft demand for key commodities and the continued deceleration of China’s economic growth. For the quarter ended June 30, 2025, the company's three mid-sized bulkers generated an average daily TCE rate of $12,840, which was a slight decline from the first quarter of 2025 but lower by over 42% compared to Q2 2024 [1].

The company's Chairman & CEO, Valentios Valentis, also stated that for the remainder of 2025, the chartering environment for both product tankers and the dry-bulk carriers is expected to remain challenging. Global demand for seaborne cargoes, including a broad range of refined petroleum products and dry-bulk commodities, is expected to see modest growth for the year, accompanied by a normalization of ton-mile activity [3].

References:
[1] https://www.marketscreener.com/news/pyxis-tankers-company-presentation-august-8-2025-ce7c5eddd88cff27
[2] https://www.tipranks.com/news/company-announcements/pyxis-tankers-to-release-q2-2025-financial-results
[3] https://finance.yahoo.com/news/pyxis-tankers-announces-financial-results-120000015.html