AI Spotlight on PXSAP
Company Description
Pyxis Tankers Inc.operates as a maritime transportation company with a focus on the tanker sector in the United States.Its fleet transports refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel, and fuel oil, as well as other liquid bulk items, including vegetable oils and organic chemicals.
As of March 31, 2022, the company operated a fleet of five tankers.Pyxis Tankers Inc.was incorporated in 2015 and is based in Maroussi, Greece.
Market Data
Last Price | 24.97 |
Change Percentage | -0.12% |
Open | 24.97 |
Previous Close | 25 |
Market Cap ( Millions) | 47 |
Volume | 761 |
Year High | 27.1 |
Year Low | 23.13 |
M A 50 | 24.97 |
M A 200 | 24.8 |
Financial Ratios
FCF Yield | -83.24% |
Dividend Yield | 0.00% |
ROE | 34.74% |
Debt / Equity | 85.28% |
Net Debt / EBIDTA | 202.18% |
Price To Book | 0.4 |
Price Earnings Ratio | 1.17 |
Price To FCF | -1.2 |
Price To sales | 0.77 |
EV / EBITDA | 3.36 |
News
- Oct -21 - Pyxis Tankers to Present at the 2024 ThinkEquity Conference
- Sep -11 - Pyxis Tankers Announces Full Redemption of Series A Convertible Preferred Stock and Updates on Common Share Repurchase Program & Chartering Activity
- Sep -10 - Some Pyxis Tankers Inc. (NASDAQ:PXS) Analysts Just Made A Major Cut To Next Year's Estimates
- Sep -05 - Pyxis Tankers' (NASDAQ:PXS) Earnings Might Be Weaker Than You Think
- Aug -22 - Pyxis Tankers (NASDAQ:PXS) Shareholders Should Be Cautious Despite Solid Earnings
- Aug -15 - One Analyst's Revenue Estimates For Pyxis Tankers Inc. (NASDAQ:PXS) Are Surging Higher
- Aug -14 - Pyxis Tankers Second Quarter 2024 Earnings: Beats Expectations
- Aug -12 - Pyxis Tankers Announces Financial Results for the Three Months Ended June 30, 2024
- Aug -07 - Pyxis Tankers Announces Date for the Release of the Second Quarter 2024 Results and Related Conference Call & Webcast
- Jun -28 - Pyxis Tankers Announces Closing of Modern Dry Bulk Vessel Joint Venture
- May -23 - Pyxis Tankers First Quarter 2024 Earnings: EPS: US$0.35 (vs US$0.81 in 1Q 2023)
- May -21 - Pyxis Tankers Announces Joint Venture Agreement to Acquire Modern Dry-Bulk Vessel, Expansion of Common Share Repurchase Program & Partial Redemption of Series A Cumulative Convertible Preferred Stock
- May -21 - Pyxis Tankers Announces Financial Results for the Three Months Ended March 31, 2024
- May -17 - Pyxis Tankers Announces Date for the Release of the First Quarter 2024 Results and Related Conference Call & Webcast
- Apr -18 - Returns On Capital Signal Tricky Times Ahead For MBB (ETR:MBB)
- Apr -17 - Pyxis Tankers Announces Filing of Form 20-F for the Year Ended December 31, 2023
- Mar -17 - Does APG|SGA (VTX:APGN) Deserve A Spot On Your Watchlist?
- Mar -16 - Pyxis Tankers Full Year 2023 Earnings: EPS: US$3.39 (vs US$1.18 in FY 2022)
- Mar -14 - Pyxis Tankers Announces Financial Results for the Three Months and Year Ended December 31, 2023
- Mar -12 - Pyxis Tankers Announces Date for the Release of the Fourth Quarter and Year Ended 2023 Results and Related Conference Call & Webcast
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Time Charters
Expected Growth : 4.5 %
What the company do ?
Time Charters from Pyxis Tankers Inc. refer to a shipping agreement where a vessel is hired for a set period, providing a stable revenue stream for the company.
Why we expect these perspectives ?
Stable revenue stream from time charters, increasing demand for oil transportation, and Pyxis Tankers' modern fleet expansion drive growth in the time charter segment.
Segment nΒ°2 -> Spot Charters
Expected Growth : 4.5 %
What the company do ?
Spot Charters from Pyxis Tankers Inc. are short-term voyage agreements for shipping oil products, offering flexibility and market-driven rates.
Why we expect these perspectives ?
Growing demand for oil products, increasing global trade, and flexibility of spot charters drive the market growth. Pyxis Tankers' short-term voyage agreements offer market-driven rates, attracting customers seeking flexibility in a volatile market.
Pyxis Tankers Inc. Products
Product Range | What is it ? |
---|---|
Product Tankers | Pyxis Tankers Inc. operates a fleet of product tankers that transport refined petroleum products, such as gasoline, diesel, and jet fuel, as well as other specialty chemicals. |
Chemical Tankers | The company's chemical tankers are designed to transport a wide range of specialty chemicals, including those used in the production of plastics, pharmaceuticals, and other industrial applications. |
Vegetable Oil Tankers | Pyxis Tankers Inc. also operates a fleet of tankers that specialize in the transportation of vegetable oils, such as soybean oil and palm oil, used in food production and other industries. |
Pyxis Tankers Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Pyxis Tankers Inc. is medium due to the availability of alternative modes of transportation and storage for oil and petroleum products.
Bargaining Power Of Customers
The bargaining power of customers for Pyxis Tankers Inc. is low due to the company's strong relationships with its customers and the lack of concentration in the customer base.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Pyxis Tankers Inc. is medium due to the presence of a few large suppliers of oil and petroleum products, but the company's ability to negotiate prices and terms.
Threat Of New Entrants
The threat of new entrants for Pyxis Tankers Inc. is low due to the high barriers to entry in the tanker shipping industry, including the need for significant capital investment and regulatory compliance.
Intensity Of Rivalry
The intensity of rivalry for Pyxis Tankers Inc. is high due to the competitive nature of the tanker shipping industry, with many players competing for market share and customers.
Capital Structure
Value | |
---|---|
Debt Weight | 38.70% |
Debt Cost | 4.22% |
Equity Weight | 61.30% |
Equity Cost | 4.22% |
WACC | 4.22% |
Leverage | 63.13% |
Pyxis Tankers Inc. : Quality Control
Pyxis Tankers Inc. passed 5 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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HAUTO.OL | HΓΆegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural, automotive, boats, breakbulk, construction and mining equipment, machineries, β¦ |
MPCC.OL | MPC Container Ships ASA owns and operates a portfolio of container vessels. The company focuses on feeder vessels between 1,000 and 5,000 twenty-foot equivalent units (TEU). It operates a fleet β¦ |
DAC | Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to β¦ |
DIS.MI | d'Amico International Shipping S.A., through its subsidiaries, operates as a marine transportation company worldwide. It primarily transports refined petroleum products and vegetable oils through various double-hulled vessels. The company serves β¦ |
ESEA | Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. As of May 03, 2022, β¦ |