Pyxis Tankers reports Q2 adjusted EBITDA of $6.5 million, strongest quarter in seven quarters
PXS•Pyxis Tankers reported second-quarter 2026 adjusted EBITDA of $6.5 million, its strongest quarter in seven quarters, and net income of $2.82 million, compared with a $2 million loss a year earlier. Its presentation also outlined a two-year CITGO charter for Lamda at $31,000 per day.
1. Quarterly results
Pyxis Tankers reported second-quarter 2026 net income of $2.82 million, reversing a $2 million loss in the year-earlier quarter. Adjusted EBITDA was $6.5 million, the company’s strongest quarter in seven quarters.
2. Charter and ownership
A ThinkEquity presentation outlined a two-year CITGO charter for Lamda at $31,000 per day, estimated to increase annual earnings by $0.27 per share starting immediately after scheduled drydocking. Pyxis Tankers is acquiring Ormi’s remaining 40% interest for $6.83 million, excluding working-capital settlement, raising its economic ownership to 100%. Total liquidity was $103.2 million as of June 30, including $45 million in undrawn acquisition capacity.
