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PHX Energy Services TSX:PHX Stock Report

Last Price

CA$8.92

Market Cap

CA$423.6m

7D

-0.4%

1Y

33.3%

Updated

07 May, 2024

Data

Company Financials +

PHX Energy Services Corp.

TSX:PHX Stock Report

Market Cap: CA$423.6m

PHX Stock Overview

PHX Energy Services Corp. provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally.

PHX fundamental analysis
Snowflake Score
Valuation6/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends4/6

PHX Energy Services Corp. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PHX Energy Services
Historical stock prices
Current Share PriceCA$8.92
52 Week HighCA$9.78
52 Week LowCA$5.58
Beta2.37
1 Month Change-5.81%
3 Month Change-3.25%
1 Year Change33.33%
3 Year Change154.13%
5 Year Change177.88%
Change since IPO93.91%

Recent News & 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

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

Shareholder Returns

PHXCA Energy ServicesCA Market
7D-0.4%-0.2%2.5%
1Y33.3%46.8%7.6%

Return vs Industry: PHX underperformed the Canadian Energy Services industry which returned 47.2% over the past year.

Return vs Market: PHX exceeded the Canadian Market which returned 7.5% over the past year.

Price Volatility

Is PHX's price volatile compared to industry and market?
PHX volatility
PHX Average Weekly Movement3.9%
Energy Services Industry Average Movement5.0%
Market Average Movement8.8%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market3.1%

Stable Share Price: PHX has not had significant price volatility in the past 3 months.

Volatility Over Time: PHX's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995920John Hookswww.phxtech.com

PHX Energy Services Corp. provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally. It offers Atlas motors; Velocity Real-Time Systems that provide downhole guidance systems; Echo system; PowerDrive Orbit RSS, a rotary steerable system; performance drilling motors; P-360 Positive Pulse MWD System, a measurement while drilling (MWD) tool; and E-360 EM MWD System, a MWD tool that transmits electric signals through geological formations. The company also provides 360 CV MWD System, a clear vision tool, which surveys inclination and gamma in real-time closer to the bit; 360 RWD System, a resistivity while drilling sub; and North Seeking Gyro that offers real-time QA/QC checks downhole.

PHX Energy Services Corp. Fundamentals Summary

How do PHX Energy Services's earnings and revenue compare to its market cap?
PHX fundamental statistics
Market capCA$423.59m
Earnings (TTM)CA$98.58m
Revenue (TTM)CA$656.34m

4.3x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PHX income statement (TTM)
RevenueCA$656.34m
Cost of RevenueCA$506.24m
Gross ProfitCA$150.11m
Other ExpensesCA$51.53m
EarningsCA$98.58m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)2.08
Gross Margin22.87%
Net Profit Margin15.02%
Debt/Equity Ratio3.6%

How did PHX perform over the long term?

See historical performance and comparison

Dividends

9.0%

Current Dividend Yield

33%

Payout Ratio
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