Atb Cap Markets Has Bearish Outlook for TSE:PHX Q3 Earnings

Key Points

• Atb Cap Markets has revised its Q3 2025 earnings estimates for PHX Energy Services, lowering the EPS forecast from $0.32 to $0.26.
• The price objective for PHX Energy Services' shares has been cut from C$12.00 to C$11.50, while maintaining an "outperform" rating.
• Recent insider activity includes Senior Officer John Michael Hooks selling 269,900 shares for approximately C$2.16 million, indicating significant trading by insiders.

PHX Energy Services Corp. (TSE:PHX - Free Report) - Analysts at Atb Cap Markets decreased their Q3 2025 earnings per share (EPS) estimates for shares of PHX Energy Services in a report issued on Wednesday, August 6th. Atb Cap Markets analyst T. Monachello now anticipates that the company will earn $0.26 per share for the quarter, down from their previous estimate of $0.32. The consensus estimate for PHX Energy Services' current full-year earnings is $1.24 per share. Atb Cap Markets also issued estimates for PHX Energy Services' Q4 2025 earnings at $0.25 EPS, Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.23 EPS, Q4 2026 earnings at $0.22 EPS, FY2026 earnings at $0.88 EPS and FY2027 earnings at $1.01 EPS.

Separately, ATB Capital lowered their price objective on PHX Energy Services from C$12.00 to C$11.50 and set an "outperform" rating for the company in a research report on Monday, May 5th.

PHX Energy Services Price Performance

Shares of PHX stock traded down C$0.13 on Thursday, hitting C$7.47. 78,010 shares of the company's stock were exchanged, compared to its average volume of 89,646. The company has a debt-to-equity ratio of 25.99, a current ratio of 1.67 and a quick ratio of 1.25. The stock has a market cap of C$340.70 million, a P/E ratio of 4.69 and a beta of 2.32. PHX Energy Services has a 12 month low of C$6.64 and a 12 month high of C$10.70. The company has a 50 day moving average of C$8.28 and a 200 day moving average of C$8.39.

Insider Buying and Selling at PHX Energy Services

In related news, Director Garrett Wright acquired 3,850 shares of the firm's stock in a transaction that occurred on Friday, May 30th. The shares were bought at an average cost of C$7.94 per share, for a total transaction of C$30,557.45. Also, Senior Officer John Michael Hooks sold 269,900 shares of the company's stock in a transaction dated Wednesday, May 14th. The stock was sold at an average price of C$8.02, for a total value of C$2,164,598.00. In the last three months, insiders sold 1,295,300 shares of company stock worth $10,676,603. Insiders own 11.86% of the company's stock.

About PHX Energy Services

PHX Energy Services Corp is a Canadian service provider company. It is principally engaged in providing horizontal and directional drilling services, as well as web-based remote electronic drilling recorder technology and services, to oil and natural gas exploration and development companies in Canada, United States, Albania, and Russia.