PHX Energy Services Future Growth

Future criteria checks 1/6

PHX Energy Services is forecast to grow earnings and revenue by 0.4% and 5.3% per annum respectively. EPS is expected to grow by 1.6% per annum. Return on equity is forecast to be 24.6% in 3 years.

Key information

0.4%

Earnings growth rate

1.6%

EPS growth rate

Energy Services earnings growth	20.5%
Revenue growth rate	5.3%
Future return on equity	24.6%
Analyst coverage	Low
Last updated	08 Aug 2024

Recent future growth updates

Recent updates

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

May 04

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

Jan 20

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

Dec 25

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

Nov 01

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

Oct 20

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

Sep 15

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

Aug 12

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

Jul 31

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

May 31

Earnings and Revenue Growth Forecasts

TSX:PHX - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	744	N/A	59	106	2
12/31/2025	693	86	52	113	3
12/31/2024	654	74	4	106	3
6/30/2024	655	88	29	121	N/A
3/31/2024	656	94	27	104	N/A
12/31/2023	656	99	31	97	N/A
9/30/2023	649	86	-3	69	N/A
6/30/2023	622	74	-14	57	N/A
3/31/2023	592	69	-30	45	N/A
12/31/2022	536	44	-38	37	N/A
9/30/2022	480	33	-24	42	N/A
6/30/2022	431	24	-12	42	N/A
3/31/2022	381	16	-9	40	N/A
12/31/2021	340	23	8	45	N/A
9/30/2021	305	15	14	42	N/A
6/30/2021	249	9	6	29	N/A
3/31/2021	216	0	44	58	N/A
12/31/2020	246	-8	42	68	N/A
9/30/2020	260	-8	40	67	N/A
6/30/2020	316	-3	34	68	N/A
3/31/2020	356	0	10	52	N/A
12/31/2019	350	1	16	50	N/A
9/30/2019	361	-19	-13	38	N/A
6/30/2019	352	-18	-16	34	N/A
3/31/2019	338	-16	-24	22	N/A
12/31/2018	317	-19	-25	13	N/A
9/30/2018	285	-6	0	26	N/A
6/30/2018	266	-10	-21	6	N/A
3/31/2018	251	-21	N/A	11	N/A
12/31/2017	241	-24	N/A	0	N/A
9/30/2017	227	-33	N/A	-10	N/A
6/30/2017	197	-43	N/A	4	N/A
3/31/2017	169	-46	N/A	-6	N/A
12/31/2016	148	-47	N/A	5	N/A
9/30/2016	158	-35	N/A	23	N/A
6/30/2016	191	-49	N/A	34	N/A
3/31/2016	223	-44	N/A	42	N/A
12/31/2015	287	-42	N/A	61	N/A
9/30/2015	384	-37	N/A	67	N/A
6/30/2015	454	0	N/A	54	N/A
3/31/2015	496	7	N/A	53	N/A
12/31/2014	521	22	N/A	41	N/A
9/30/2014	484	43	N/A	35	N/A
6/30/2014	452	41	N/A	30	N/A
3/31/2014	417	37	N/A	30	N/A
12/31/2013	381	37	N/A	35	N/A
9/30/2013	345	19	N/A	32	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHX's forecast earnings growth (0.4% per year) is below the savings rate (2.2%).

Earnings vs Market: PHX's earnings (0.4% per year) are forecast to grow slower than the Canadian market (15% per year).

High Growth Earnings: PHX's earnings are forecast to grow, but not significantly.

Revenue vs Market: PHX's revenue (5.3% per year) is forecast to grow slower than the Canadian market (6.9% per year).

High Growth Revenue: PHX's revenue (5.3% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: PHX's Return on Equity is forecast to be high in 3 years time (24.6%)

PHX Energy Services Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 21%

Consensus EPS estimates fall by 23%

Price target increased by 12% to CA$11.31

Price target decreased by 8.0% to CA$10.13

Price target decreased by 9.3% to CA$11.00

Price target increased to CA$12.50

Recent updates

Second quarter dividend of CA$0.20 announced

PHX Energy Services Corp. Announces Quarterly Dividend, Payable on October 15, 2024

President exercised options and sold CA$75k worth of stock

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improves as stock rises 15%

First quarter dividend of CA$0.20 announced

PHX Energy Services Corp. Announces Quarterly Dividend, Payable on July 15, 2024

Insider exercised options to buy CA$444k worth of stock.

Consensus EPS estimates increase by 21%

First quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behind

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

Upcoming dividend of CA$0.20 per share

Fourth quarter dividend of CA$0.20 announced

President recently sold CA$90k worth of stock

PHX Energy Services Corp. Announces Quarterly Dividend, Payable on April 15, 2024

Chairman & CEO exercised options to buy CA$460k worth of stock.

Consensus EPS estimates fall by 23%

PHX Energy Services Corp., Annual General Meeting, May 10, 2024

Full year 2023 earnings: EPS exceeds analyst expectations

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

President exercised options and sold CA$53k worth of stock

Independent Lead Director recently sold CA$62k worth of stock

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

Upcoming dividend of CA$0.20 per share at 9.9% yield

Insider recently sold CA$903k worth of stock

Senior VP of Finance exercised options and sold CA$212k worth of stock

Investor sentiment improves as stock rises 27%

Senior VP of Finance recently bought CA$148k worth of stock

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

Third quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target increased by 12% to CA$11.31

PHX Energy Services Corp. Approves an Increase Quarterly Dividend

Insider exercised options to buy CA$1.2m worth of stock.

PHX Energy Services Corp. Announces Quarterly Cash Dividend, Payable on October 16, 2023

Insider recently sold CA$156k worth of stock

New minor risk - Insider selling

President recently sold CA$80k worth of stock

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

New major risk - Revenue and earnings growth

Second quarter 2023 earnings released: EPS: CA$0.35 (vs CA$0.25 in 2Q 2022)

Upcoming dividend of CA$0.15 per share at 9.9% yield

PHX Energy Services Corp. Declares Quarterly Cash Dividend, Payable on July 17, 2023

Price target decreased by 8.0% to CA$10.13

First quarter 2023 earnings: EPS and revenues exceed analyst expectations

Price target decreased by 9.3% to CA$11.00

Insider exercised options and sold CA$87k worth of stock

Chairman & CEO recently sold CA$427k worth of stock

Chairman & CEO exercised options to buy CA$786k worth of stock.

Upcoming dividend of CA$0.15 per share at 8.6% yield

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

Chairman & CEO exercised options to buy CA$366k worth of stock.

Full year 2022 earnings: EPS misses analyst expectations

Insider exercised options and sold CA$146k worth of stock

President exercised options and sold CA$57k worth of stock

President exercised options and sold CA$57k worth of stock

Price target increased to CA$12.50

Upcoming dividend of CA$0.15 per share

Insider exercised options and sold CA$126k worth of stock

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

PHX Energy Services Corp. Declares Quarterly Cash Dividend, Payable on January 16, 2023

Insider exercised options and sold CA$126k worth of stock

Insider recently sold CA$641k worth of stock

Senior VP of Finance exercised options and sold CA$255k worth of stock

Chairman & CEO recently sold CA$909k worth of stock

Chairman & CEO exercised options to buy CA$902k worth of stock.

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

Insufficient new directors

Price target increased to CA$12.50

PHX Energy Services Corp. Increase Quarterly Dividend, Payable on January 16, 2023