Pyxis Tankers Inc. (PXS) Misses Q4 EPS by 7c

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Pyxis Tankers Inc. (PXS) Repots Q4 Revenue of $8.1M

March 18, 2022 4:06 PM EDT

Pyxis Tankers Inc. (NASDAQ: PXS), a growth-oriented pure play product tanker company, today announced unaudited results for the three months and year ended December 31, 2021.

Summary

For the three months ended December 31, 2021, our Revenues, net were $8.1 million. For the same period, our time charter equivalent (TCE) revenues were $3.9 million, an increase of approximately $0.3 million or 8.7% from the comparable period in 2020. This increase was primarily due to 139 more operating days in our fleet which resulted from the addition of one medium range tanker (MR), higher fleet... More