TSE:PHX

PHX Energy Services Corp. (PHX.TO) Stock Forecast, Price & News

C$2.65

-0.05 (-1.85 %)

(As of 01/18/2021 12:00 AM ET)

Add

Compare

Today's Range

C$2.49

Now: C$2.65▼

C$2.65

50-Day Range

C$1.92

MA: C$2.41▼

C$2.72

52-Week Range

C$0.51

Now: C$2.65▼

C$2.86

Volume20,019 shs

Average Volume88,248 shs

Market CapitalizationC$135.10 million

P/E RatioN/A

Dividend Yield0.93%

BetaN/A

PHX Energy Services Corp., through its subsidiaries, provides horizontal and directional drilling technology and services to oil and natural gas exploration and development, and production companies in Canada, the United States, Russia, and Albania. It offers Velocity Real-Time System, a ground-breaking technology that offers downhole guidance systems; Atlas Motors, a high performance drilling motors; PowerDrive Orbit RSS, a rotary steerable system; P-360 Positive Pulse MWD System, a measurement while drilling (MWD) tool; and E-360 EM MWD System, an 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, as well as performance drilling motors. In addition, it provides performance drilling motor rental, survey management, gyro surveying, and streaming services; and Web-based remote electronic drilling recorder technology and services. The company was formerly known as Phoenix Technology Income Fund and changed its name to PHX Energy Services Corp. PHX Energy Services Corp. was founded in 1995 and is headquartered in Calgary, Canada.

MarketRank^™

Overall MarketRank^™

1.22 out of 5 stars

1.5 Analyst's Opinion

Consensus Rating
PHX Energy Services Corp. (PHX.TO) has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$2.48, PHX Energy Services Corp. (PHX.TO) has a forecasted downside of 6.4% from its current price of C$2.65.
Amount of Analyst Coverage
PHX Energy Services Corp. (PHX.TO) has only been the subject of 3 research reports in the past 90 days.

2.3 Community Rank

Outperform Votes
PHX Energy Services Corp. (PHX.TO) has received 236 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
PHX Energy Services Corp. (PHX.TO) has received 268 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
PHX Energy Services Corp. (PHX.TO) has received 53.17% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about PHX Energy Services Corp. (PHX.TO) and other stocks. Vote “Outperform” if you believe PHX will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PHX will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
PHX Energy Services Corp. (PHX.TO) has a dividend yield of 0.93%, which is in the bottom 25% of all stocks that pay dividends.
Dividend Growth
PHX Energy Services Corp. (PHX.TO) does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, PHX Energy Services Corp. (PHX.TO) insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$25,700.00 in company stock and sold C$0.00 in company stock.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of PHX Energy Services Corp. (PHX.TO) is -13.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of PHX Energy Services Corp. (PHX.TO) is -13.38, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
PHX Energy Services Corp. (PHX.TO) has a P/B Ratio of 1.00. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange TSE

Industry Industrial Metals & Minerals

Sub-IndustryN/A

SectorBasic Materials

Current SymbolTSE:PHX

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.phxtech.com

Phone+1-403-5434466

Employees835

Debt

Debt-to-Equity Ratio29.62

Current Ratio3.14

Quick Ratio1.88

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesC$283.42 million

Price / Sales0.48

Cash FlowC$0.38 per share

Price / Cash Flow7.04

Book ValueC$2.66 per share

Price / Book1.00

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Outstanding Shares50,981,000

Market CapC$135.10 million

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

C$2.65

-0.05 (-1.85 %)

(As of 01/18/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive PHX News and Ratings via Email

Sign-up to receive the latest news and ratings for PHX and its competitors with MarketBeat's FREE daily newsletter.

PHX Energy Services Corp. (PHX.TO) (TSE:PHX) Frequently Asked Questions

How has PHX Energy Services Corp. (PHX.TO)'s stock been impacted by Coronavirus?

PHX Energy Services Corp. (PHX.TO)'s stock was trading at C$1.41 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PHX shares have increased by 87.9% and is now trading at C$2.65.
View which stocks have been most impacted by COVID-19.

Is PHX Energy Services Corp. (PHX.TO) a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for PHX Energy Services Corp. (PHX.TO) in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PHX Energy Services Corp. (PHX.TO) stock.
View analyst ratings for PHX Energy Services Corp. (PHX.TO) or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than PHX Energy Services Corp. (PHX.TO)?

Wall Street analysts have given PHX Energy Services Corp. (PHX.TO) a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but PHX Energy Services Corp. (PHX.TO) wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is PHX Energy Services Corp. (PHX.TO)'s next earnings date?

PHX Energy Services Corp. (PHX.TO) is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for PHX Energy Services Corp. (PHX.TO).

How were PHX Energy Services Corp. (PHX.TO)'s earnings last quarter?

PHX Energy Services Corp. (PHX.TO) (TSE:PHX) posted its quarterly earnings data on Wednesday, November, 4th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.07. The company had revenue of $39.78 million for the quarter, compared to analysts' expectations of $34.45 million.
View PHX Energy Services Corp. (PHX.TO)'s earnings history.

How often does PHX Energy Services Corp. (PHX.TO) pay dividends? What is the dividend yield for PHX Energy Services Corp. (PHX.TO)?

PHX Energy Services Corp. (PHX.TO) declared a quarterly dividend on Wednesday, December 30th. Investors of record on Friday, January 15th will be given a dividend of 0.025 per share on Friday, January 15th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 3.77%. The ex-dividend date of this dividend is Wednesday, December 30th.
View PHX Energy Services Corp. (PHX.TO)'s dividend history.

What price target have analysts set for PHX?

3 brokers have issued 12-month price targets for PHX Energy Services Corp. (PHX.TO)'s stock. Their forecasts range from C$1.40 to C$4.00. On average, they anticipate PHX Energy Services Corp. (PHX.TO)'s share price to reach C$2.48 in the next twelve months. This suggests that the stock has a possible downside of 6.4%.
View analysts' price targets for PHX Energy Services Corp. (PHX.TO) or view Wall Street analyst' top-rated stocks.

Who are some of PHX Energy Services Corp. (PHX.TO)'s key competitors?

Some companies that are related to PHX Energy Services Corp. (PHX.TO) include SilverCrest Metals (SIL), McEwen Mining (MUX), Taseko Mines Limited (TKO.TO) (TKO), PolyMet Mining Corp. (POM.TO) (POM), Kenmare Resources plc (KMR.L) (KMR), Central Asia Metals plc (CAML.L) (CAML), Platinum Group Metals Ltd. (PTM.TO) (PTM), Cobalt 27 Capital (KBLT), Trilogy Metals Inc. (TMQ.TO) (TMQ), Tharisa plc (THS.L) (THS), Northern Dynasty Minerals Ltd. (NDM.TO) (NDM), Skeena Resources Limited (SKE.V) (SKE), Discovery Metals Corp. (DSV.V) (DSV), Talon Metals (TLO) and Sylvania Platinum Limited (SLP.L) (SLP).
View all of PHX's competitors.

What other stocks do shareholders of PHX Energy Services Corp. (PHX.TO) own?

Based on aggregate information from My MarketBeat watchlists, some companies that other PHX Energy Services Corp. (PHX.TO) investors own include BlackBerry Limited (BB.TO) (BB), Calfrac Well Services Ltd. (CFW.TO) (CFW), Chorus Aviation Inc. (CHR.TO) (CHR), Obsidian Energy Ltd. (OBE.TO) (OBE), Trican Well Service Ltd. (TCW.TO) (TCW), Air Canada (AC.TO) (AC), Aurora Cannabis Inc. (ACB.TO) (ACB), Altius Minerals Co. (ALS.TO) (ALS), Aphria Inc. (APHA.TO) (APHA) and Atlantic Power Co. (ATP.TO) (ATP).

Who are PHX Energy Services Corp. (PHX.TO)'s key executives?

PHX Energy Services Corp. (PHX.TO)'s management team includes the following people:

Mr. John Michael Hooks, Chairman & CEO (Age 62, Pay $1.74M)
Mr. Michael Buker, Pres (Age 51, Pay $1.32M)
Mr. Cameron Michael Ritchie C.A., CA, Sr. VP of Fin. & CFO (Age 58, Pay $1.23M)
Mr. Craig Brown, Sr. VP of Engineering & Technology (Age 48, Pay $976.72k)
Mr. Jeffery John Shafer, Sr. VP Sales & Marketing (Age 45, Pay $989.22k)

What is PHX Energy Services Corp. (PHX.TO)'s stock symbol?

PHX Energy Services Corp. (PHX.TO) trades on the Toronto Stock Exchange (TSX) under the ticker symbol "PHX."

How do I buy shares of PHX Energy Services Corp. (PHX.TO)?

Shares of PHX and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What is PHX Energy Services Corp. (PHX.TO)'s stock price today?

One share of PHX stock can currently be purchased for approximately C$2.65.

How big of a company is PHX Energy Services Corp. (PHX.TO)?

PHX Energy Services Corp. (PHX.TO) has a market capitalization of C$135.10 million and generates C$283.42 million in revenue each year. PHX Energy Services Corp. (PHX.TO) employs 835 workers across the globe.

What is PHX Energy Services Corp. (PHX.TO)'s official website?

The official website for PHX Energy Services Corp. (PHX.TO) is www.phxtech.com.

How can I contact PHX Energy Services Corp. (PHX.TO)?

PHX Energy Services Corp. (PHX.TO)'s mailing address is 1400-250 2 St SW, CALGARY, AB T2P 0C1, Canada. The company can be reached via phone at +1-403-5434466.

This page was last updated on 1/18/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here