NASDAQ PXS 0.60 -0.05 -7.98%
Volume: 593,228 December 1, 2021

We are a growth-orientated, pure-play owner of a modern fleet of product tankers engaged in the seaborne transportation of refined petroleum products and other bulk liquids. We are focused on medium range product tankers, which provide operational flexibility and enhanced earnings potential due to their “eco” features or modifications. We are positioned to opportunistically expand and maximize the value of our fleet due to our strong customer relationships, competitive cost structure and experienced management team and founder, whose interests are squarely aligned with other shareholders. Our common shares are listed on the NASDAQ Capital Markets under the trading symbol ‘PXS.’

Stable Cash Flow with Upside
Our chartering strategy is intended to provide stable, visible cash flows from time charters and upside opportunity through the spot market during periods of market strength. Our scalable operating structure allows management to minimize costs and focus on long term shareholder value.

Developing Growth Opportunities
In conjunction with our listing on the NASDAQ Capital Markets in the fall of 2015, we acquired in a stock-for-stock based transaction six modern product tankers from an affiliate of our founder, Chief Executive Officer and majority shareholder. We sold our oldest, non-eco MR, the Pyxis Delta, in early 2020. We have the opportunity to acquire in the future one MR product tanker in a related-party transaction.

Our current fleet list can be found here.