PHX Energy Services Corp.

TSX:PHX Stock Report

Market Cap: CA$422.6m

PHX Energy Services Dividend

Dividend criteria checks 4/6

PHX Energy Services is a dividend paying company with a current yield of 9.06% that is well covered by earnings.

Key information

9.1%

Dividend yield

36%

Payout ratio

Industry average yield2.8%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareCA$1.97
Dividend yield forecast in 3Y9.1%

Recent dividend updates

PHX Energy Services' (TSE:PHX) Upcoming Dividend Will Be Larger Than Last Year's

Dec 25
PHX Energy Services' (TSE:PHX) Upcoming Dividend Will Be Larger Than Last Year's

PHX Energy Services' (TSE:PHX) Dividend Will Be Increased To CA$0.20

Nov 11
PHX Energy Services' (TSE:PHX) Dividend Will Be Increased To CA$0.20

Recent updates

Here's Why Shareholders Will Not Be Complaining About PHX Energy Services Corp.'s (TSE:PHX) CEO Pay Packet

May 04
Here's Why Shareholders Will Not Be Complaining About PHX Energy Services Corp.'s (TSE:PHX) CEO Pay Packet

Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?

Jan 20
Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?

PHX Energy Services' (TSE:PHX) Upcoming Dividend Will Be Larger Than Last Year's

Dec 25
PHX Energy Services' (TSE:PHX) Upcoming Dividend Will Be Larger Than Last Year's

PHX Energy Services' (TSE:PHX) Dividend Will Be Increased To CA$0.20

Nov 11
PHX Energy Services' (TSE:PHX) Dividend Will Be Increased To CA$0.20

Does PHX Energy Services (TSE:PHX) Deserve A Spot On Your Watchlist?

Aug 15
Does PHX Energy Services (TSE:PHX) Deserve A Spot On Your Watchlist?

PHX Energy Services (TSE:PHX) Is Paying Out A Larger Dividend Than Last Year

Mar 18
PHX Energy Services (TSE:PHX) Is Paying Out A Larger Dividend Than Last Year

PHX Energy Services (TSE:PHX) Is Increasing Its Dividend To CA$0.15

Dec 16
PHX Energy Services (TSE:PHX) Is Increasing Its Dividend To CA$0.15

PHX Energy Services (TSE:PHX) Is Increasing Its Dividend To CA$0.15

Nov 17
PHX Energy Services (TSE:PHX) Is Increasing Its Dividend To CA$0.15

With EPS Growth And More, PHX Energy Services (TSE:PHX) Makes An Interesting Case

Nov 01
With EPS Growth And More, PHX Energy Services (TSE:PHX) Makes An Interesting Case

Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?

Oct 20
Does PHX Energy Services (TSE:PHX) Have A Healthy Balance Sheet?

PHX Energy Services (TSE:PHX) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

Sep 15
PHX Energy Services (TSE:PHX) Has Announced That It Will Be Increasing Its Dividend To CA$0.10

After Leaping 55% PHX Energy Services Corp. (TSE:PHX) Shares Are Not Flying Under The Radar

Aug 12
After Leaping 55% PHX Energy Services Corp. (TSE:PHX) Shares Are Not Flying Under The Radar

Is There An Opportunity With PHX Energy Services Corp.'s (TSE:PHX) 50% Undervaluation?

Jul 31
Is There An Opportunity With PHX Energy Services Corp.'s (TSE:PHX) 50% Undervaluation?

PHX Energy Services (TSE:PHX) Takes On Some Risk With Its Use Of Debt

May 31
PHX Energy Services (TSE:PHX) Takes On Some Risk With Its Use Of Debt

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PHX's dividend payments have been volatile in the past 10 years.

Growing Dividend: PHX's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

PHX Energy Services Dividend Yield vs Market
How does PHX dividend yield compare to the market?
SegmentDividend Yield
Company (PHX)9.1%
Market Bottom 25% (CA)1.9%
Market Top 25% (CA)6.4%
Industry Average (Energy Services)2.8%
Analyst forecast in 3 Years (PHX)9.1%

Notable Dividend: PHX's dividend (9.06%) is higher than the bottom 25% of dividend payers in the Canadian market (1.88%).

High Dividend: PHX's dividend (9.06%) is in the top 25% of dividend payers in the Canadian market (6.38%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.5%), PHX's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (139.1%), PHX's dividend payments are not well covered by cash flows.


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