Pyxis Tankers Shares Gain After Swinging to 2Q Profit on Higher Shipping Demand

Dow Jones

Yesterday

Shares of Pyxis Tankers rose after the company swung to a second-quarter profit as revenue rose, driven by higher shipping demand.

The stock climbed 13% to $6.06 in after-hours trading on Monday. Shares were up 91% year to date at market close.

The Greek shipping company posted a second-quarter profit of $2.8 million, or 27 cents a share, compared with a loss of $2 million, or 19 cents a share, a year earlier.

Revenue rose to $12.1 million from $9.2 million a year ago.

Chief Executive Valentios Valentis called the results Pyxis's strongest quarterly performance in the last seven quarters, helped by high utilization of the company's fleet and stronger contributions from both its dry-bulk and product tanker fleets.

Market conditions for the company's dry-bulk fleet improved during the quarter as grain and coal trades, longer-haul Atlantic-to-Asia routes and changing commodity-sourcing patterns boosted demand, he said.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2664885409"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2664885409\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2664885409?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-01 06:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2664885409","market":"nz","top_or_hot":-1,"title":"Pyxis Tankers Shares Gain After Swinging to 2Q Profit on Higher Shipping Demand","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/PXS\">Pyxis Tankers</a> rose after the company swung to a second-quarter profit as revenue rose, driven by higher shipping demand. \n</p>\n<p>\n  The stock climbed 13% to $6.06 in after-hours trading on Monday. Shares were up 91% year to date at market close. \n</p>\n<p>\n  The Greek shipping company posted a second-quarter profit of $2.8 million, or 27 cents a share, compared with a loss of $2 million, or 19 cents a share, a year earlier. \n</p>\n<p>\n  Revenue rose to $12.1 million from $9.2 million a year ago. \n</p>\n<p>\n  Chief Executive Valentios Valentis called the results Pyxis's strongest quarterly performance in the last seven quarters, helped by high utilization of the company's fleet and stronger contributions from both its dry-bulk and product tanker fleets. \n</p>\n<p>\n  Market conditions for the company's dry-bulk fleet improved during the quarter as grain and coal trades, longer-haul Atlantic-to-Asia routes and changing commodity-sourcing patterns boosted demand, he said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pyxis Tankers Shares Gain After Swinging to 2Q Profit on Higher Shipping Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPyxis Tankers Shares Gain After Swinging to 2Q Profit on Higher Shipping Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-09-01 06:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Shares of <a href=\"https://laohu8.com/S/PXS\">Pyxis Tankers</a> rose after the company swung to a second-quarter profit as revenue rose, driven by higher shipping demand. \n</p>\n<p>\n  The stock climbed 13% to $6.06 in after-hours trading on Monday. Shares were up 91% year to date at market close. \n</p>\n<p>\n  The Greek shipping company posted a second-quarter profit of $2.8 million, or 27 cents a share, compared with a loss of $2 million, or 19 cents a share, a year earlier. \n</p>\n<p>\n  Revenue rose to $12.1 million from $9.2 million a year ago. \n</p>\n<p>\n  Chief Executive Valentios Valentis called the results Pyxis's strongest quarterly performance in the last seven quarters, helped by high utilization of the company's fleet and stronger contributions from both its dry-bulk and product tanker fleets. \n</p>\n<p>\n  Market conditions for the company's dry-bulk fleet improved during the quarter as grain and coal trades, longer-haul Atlantic-to-Asia routes and changing commodity-sourcing patterns boosted demand, he said. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<pre style=\"white-space: pre\">\n \n</pre>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PXSAW","symbol_name":"Pyxis Tankers Inc","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2664885409","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2664885409","pubTimestamp":1788214380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Pyxis Tankers rose after the company swung to a second-quarter profit as revenue rose, driven by higher shipping demand.The stock climbed 13% to $6.06 in after-hours trading on Monday. Shares were up 91% year to date at market close.The Greek shipping company posted a second-quarter profit of $2.8 million, or 27 cents a share, compared with a loss of $2 million, or 19 cents a share, a year earlier.Revenue rose to $12.1 million from $9.2 million a year ago.Chief Executive Valentios Valentis called the results Pyxis's strongest quarterly performance in the last seven quarters, helped by high utilization of the company's fleet and stronger contributions from both its dry-bulk and product tanker fleets.Market conditions for the company's dry-bulk fleet improved during the quarter as grain and coal trades, longer-haul Atlantic-to-Asia routes and changing commodity-sourcing patterns boosted demand, he said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PXSAW":"Pyxis Tankers Inc","BK4021":"海运","BDRY":"Breakwave Dry Bulk Shipping ETF","PXS":"Pyxis Tankers Inc"},"translate_title":"由于航运需求增加，Pyxis Tankers 股价在第二季度盈利后上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PXSAW":1.5,"BDRY":1.5,"PXS":0.9},"content_text":"Shares of Pyxis Tankers rose after the company swung to a second-quarter profit as revenue rose, driven by higher shipping demand. \n\n\n  The stock climbed 13% to $6.06 in after-hours trading on Monday. Shares were up 91% year to date at market close. \n\n\n  The Greek shipping company posted a second-quarter profit of $2.8 million, or 27 cents a share, compared with a loss of $2 million, or 19 cents a share, a year earlier. \n\n\n  Revenue rose to $12.1 million from $9.2 million a year ago. \n\n\n  Chief Executive Valentios Valentis called the results Pyxis's strongest quarterly performance in the last seven quarters, helped by high utilization of the company's fleet and stronger contributions from both its dry-bulk and product tanker fleets. \n\n\n  Market conditions for the company's dry-bulk fleet improved during the quarter as grain and coal trades, longer-haul Atlantic-to-Asia routes and changing commodity-sourcing patterns boosted demand, he said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}