• Pyxis Tankers posted Q1 2026 net income of USD 2.4 million, or USD 0.23 a share, on adjusted EBITDA of USD 5.4 million.
• Total liquidity was USD 99 million, including USD 54.4 million of cash and time deposits, alongside a USD 45 million undrawn Hunting License facility; net loan-to-fixed assets was about 22%.
• Management estimated NAV at USD 14.63 a share at March 31, versus a May 15 share price of USD 4.35, implying a 70% discount.
• Average daily TCE was USD 19,259, supported by 95.4% fleet utilization; vessel operating expenses fell to USD 6,178 a day.
• The company reported share repurchases of 161,220 shares at an average USD 3.56, with USD 2.1 million remaining under its buyback authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pyxis Tankers Inc. published the original content used to generate this news brief on May 18, 2026, and is solely responsible for the information contained therein.