Pyxis Tankers Equity Warrant Exp 19th Aug 2025 *W EXP 08/19/2025
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PXSAW Pyxis Tankers Equity Warrant Exp 19th Aug 2025 *W EXP 08/19/2025
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Industrials : Marine | Small Cap Value
Based in Greece
Company profile

Pyxis Tankers Inc. is a maritime transportation holding company. The Company is focused on the product tanker sector. It owns a fleet of six double hull product tankers: Pyxis Epsilon with carrying capacity of approximately 50,295 deadweight tonnage (dwt); Pyxis Theta with carrying capacity of approximately 51,795 dwt, Pyxis Malou with carrying capacity of over 50,667 dwt; Pyxis Delta with carrying capacity of approximately 46,616 dwt; Northsea Beta with carrying capacity of over 8,647 dwt, and Northsea Alpha with carrying capacity of approximately 8,615 dwt. Four of the Company's vessels in the fleet are medium-range (MR), product tankers, three have eco-efficient or eco-modified designs, and two of them are short-range tanker sister ships. Its fleet is capable of transporting refined petroleum products, such as naphtha, gasoline, jet fuel, kerosene, diesel and fuel oil, as well as other liquid bulk items, such as vegetable oils and organic chemicals.

Closing Price
$0.3524
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
--
Day's Low
--
Volume
(Light)
Volume:
0

10-day average volume:
6,970
0

CFRA downgrades Wells Fargo to hold from buy

7:40 am ET May 18, 2022 (MarketWatch)
Print

CFRA Research analyst Ken Leon on Tuesday downgraded Wells Fargo & Co. (WFC) to hold from buy and cut the firm's price target on the stock to $49 from $53 a share. "We think the transformation of WFC is likely to take longer and limit the upside potential to share price performance," Leon said in a research note. Leon reiterated his 2023 earnings target of $4.70 a share, which is below the consensus view of $5.21 a share in a FactSet survey. "Our more cautious 2023 earnings forecasts assumes a slower U.S. economy, moderate loan volume growth, and higher net interest income for the bank," Leon said. In another setback for the stock, Warren Buffett's Berkshire Hathaway has sold its remaining shares of Wells Fargo and revealed a $3 billion stake in Citigroup (C), according to filings. Wells Fargo shares have fallen 8.9% in 2022, compared to a drop of 14.2% by the S&P 500 and a loss of 14.9% by the Financial Select Sector SPDR ETF (XLF).

-Steve Gelsi

	

(END) Dow Jones Newswires

May 18, 2022 07:40 ET (11:40 GMT)

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