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Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
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Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Lawyers who successfully argued Musk pay package was illegal seek $5.6 billion in Tesla stock
Critical asset just had biggest fall on record (Ad)
Sports analytics may be outnumbered when it comes to artificial intelligence
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
Critical asset just had biggest fall on record (Ad)
Norway's hospitalized king gets a pacemaker in Malaysia after falling ill during vacation
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
Critical asset just had biggest fall on record (Ad)
What to watch for as China's major political meeting of the year gets underway
TSE:PHX

PHX Energy Services (PHX) Stock Price, News & Analysis

C$9.31
+0.29 (+3.22%)
(As of 03/1/2024 ET)
Today's Range
C$9.04
C$9.40
50-Day Range
C$7.97
C$9.70
52-Week Range
C$5.58
C$9.78
Volume
41,505 shs
Average Volume
63,939 shs
Market Capitalization
C$451.63 million
P/E Ratio
4.75
Dividend Yield
8.59%
Price Target
C$11.50

PHX Energy Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
23.5% Upside
C$11.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.70mentions of PHX Energy Services in the last 14 days
Based on 15 Articles This Week
Insider Trading
Selling Shares
C$33,336 Sold Last Quarter
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.75 out of 5 stars


PHX stock logo

About PHX Energy Services Stock (TSE:PHX)

PHX Energy Services Corp. provides horizontal and directional drilling technology and services to oil and natural gas exploration and development companies in Canada, the United States, and internationally. It offers Velocity Real-Time Systems that provide downhole guidance systems; Atlas 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. 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.

PHX Stock Price History

PHX Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
WM Phoenix Open braces for rain
See More Headlines
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Company Calendar

Ex-Dividend for 1/15 Dividend
12/28/2023
Dividend Payable
1/15/2024
Today
3/02/2024
Next Earnings (Estimated)
5/14/2024

Industry, Sector and Symbol

Sector
Energy
Industry
Oil & Gas Drilling
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
843
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$11.50
High Stock Price Target
C$12.00
Low Stock Price Target
C$11.00
Potential Upside/Downside
+23.5%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
C$98.58 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$656.34 million
Cash Flow
C$0.65 per share
Book Value
C$4.37 per share

Miscellaneous

Free Float
N/A
Market Cap
C$451.63 million
Optionable
Not Optionable
Beta
2.39

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Key Executives

  • Mr. John Michael Hooks (Age 66)
    Chairman & CEO
    Comp: $2.75M
  • Mr. Michael Buker (Age 55)
    President
    Comp: $2.85M
  • Mr. Cameron Michael Ritchie C.A. (Age 62)
    Senior VP of Finance, CFO & Corporate Secretary
    Comp: $2.07M
  • Mr. Craig Brown (Age 52)
    Senior Vice President of Engineering & Technology
    Comp: $1.52M
  • Mr. Jeffery John Shafer (Age 49)
    Senior Vice President of Sales & Marketing
    Comp: $1.53M














PHX Stock Analysis - Frequently Asked Questions

Should I buy or sell PHX Energy Services stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PHX Energy Services in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PHX shares.
View PHX analyst ratings
or view top-rated stocks.

What is PHX Energy Services' stock price target for 2024?

4 brokers have issued 1-year price targets for PHX Energy Services' stock. Their PHX share price targets range from C$11.00 to C$12.00. On average, they predict the company's stock price to reach C$11.50 in the next year. This suggests a possible upside of 23.5% from the stock's current price.
View analysts price targets for PHX
or view top-rated stocks among Wall Street analysts.

How have PHX shares performed in 2024?

PHX Energy Services' stock was trading at C$8.10 on January 1st, 2024. Since then, PHX stock has increased by 14.9% and is now trading at C$9.31.
View the best growth stocks for 2024 here
.

When is PHX Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 14th 2024.
View our PHX earnings forecast
.

How often does PHX Energy Services pay dividends? What is the dividend yield for PHX Energy Services?

PHX Energy Services declared a quarterly dividend on Friday, December 15th. Investors of record on Friday, December 29th will be paid a dividend of 0.20 per share on Monday, January 15th. This represents a $0.80 annualized dividend and a dividend yield of 8.59%. The ex-dividend date of this dividend is Thursday, December 28th. This is a positive change from the stock's previous quarterly dividend of C$0.15.
Read our dividend analysis for PHX
.

Is PHX Energy Services a good dividend stock?

PHX Energy Services (TSE:PHX) pays an annual dividend of C$0.80 per share and currently has a dividend yield of 8.93%. PHX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 40.82%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for PHX.

What other stocks do shareholders of PHX Energy Services own?

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

How do I buy shares of PHX Energy Services?

Shares of PHX stock 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.
Compare Top Brokerages Here.

This page (TSE:PHX) was last updated on 3/3/2024 by MarketBeat.com Staff