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home / news releases / PXSAP - Pyxis Tankers Preferred Shares Are A 9.2% Yielding Opportunity


PXSAP - Pyxis Tankers Preferred Shares Are A 9.2% Yielding Opportunity

  • The Pyxis Tankers preferred shares have been derisked thanks to Pyxis' recent capital raise.
  • The net debt and interest expenses have decreased considerably, resulting in Pyxis getting close to a cash flow neutral status.
  • I have no interest to be a shareholder of Pyxis Tankers, but I have started to build a position in the preferred shares.
  • There are only 140,000 preferred shares outstanding - make sure to work with limit orders to avoid negative surprises.

For further details see:

Pyxis Tankers Preferred Shares Are A 9.2% Yielding Opportunity
Stock Information

Company Name: Pyxis Tankers Inc. 7.75% Series A Cumulative Redeemable Perpetual Preferred Share
Stock Symbol: PXSAP
Market: NASDAQ
Website: pyxistankers.com

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