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China's 1st domestically made passenger plane completes maiden commercial flight
Introducing MarketBeat All Access (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Introducing MarketBeat All Access (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
China's 1st domestically made passenger plane completes maiden commercial flight
Introducing MarketBeat All Access (Ad)
In Nigeria’s hard-hit north, families seek justice as armed groups seek control
Biden and GOP rush to complete debt ceiling deal, shore up support to prevent default
66,000% upside on tiny biotech? (Ad)
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
Russia launched 'largest drone attack' on Ukrainian capital before Kyiv Day; 1 killed
[BREAKING] New "Living Missile" to Replace Nuclear Missiles (Ad)
'Succession' fans brace for series finale of Emmy-winning hit drama
Turkey's Erdogan wins another term as president, extends rule into 3rd decade
TSE:PHX

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

C$6.06
-0.09 (-1.46%)
(As of 05/26/2023 ET)
Compare
Today's Range
C$6.00
C$6.17
50-Day Range
C$6.06
C$7.19
52-Week Range
C$3.94
C$8.93
Volume
61,419 shs
Average Volume
69,295 shs
Market Capitalization
C$309.48 million
P/E Ratio
4.52
Dividend Yield
9.90%
Price Target
C$11.67

PHX Energy Services MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
92.5% Upside
C$11.67 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.16mentions of PHX Energy Services in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.08 out of 5 stars


PHX stock logo

About PHX Energy Services (TSE:PHX) Stock

PHX Energy Services Corp. 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, Albania, and the Middle East. 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 survey management, gyro surveying, and directional drilling and motor rentals. 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.

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PHX Stock News Headlines

Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
Biden's latest bailout--terrible for America?
And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—
ATB Capital Markets Downgrades PHX Energy Services (PHX) to Hold
PHX Minerals: Q1 Earnings Snapshot
See More Headlines
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PHX Company Calendar

Last Earnings
2/28/2023
Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Today
5/28/2023
Next Earnings (Estimated)
8/08/2023

Industry, Sector and Symbol

Industry
Industrial Metals & Minerals
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
707
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
C$11.67
High Stock Price Forecast
C$12.50
Low Stock Price Forecast
C$11.00
Forecasted Upside/Downside
+92.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
C$69.04 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$592.46 million
Cash Flow
C$0.42 per share
Book Value
C$3.76 per share

Miscellaneous

Free Float
N/A
Market Cap
C$309.48 million
Optionable
Optionable
Beta
2.26

Key Executives

  • Mr. John Michael Hooks (Age 65)
    Chairman & CEO
    Comp: $2.14M
  • Mr. Michael Buker (Age 54)
    Pres
    Comp: $1.97M
  • Mr. Cameron Michael Ritchie C.A. (Age 61)
    CA, Sr. VP of Fin., CFO & Corp. Sec.
    Comp: $1.52M
  • Mr. Craig Brown (Age 51)
    Sr. VP of Engineering & Technology
    Comp: $1.2M
  • Mr. Jeffery John Shafer (Age 48)
    Sr. VP of Sales & Marketing
    Comp: $1.2M













PHX Stock - Frequently Asked Questions

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

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PHX Energy Services in the last twelve months. There are currently 1 hold rating and 1 buy rating 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 forecast for 2023?

2 equities research analysts have issued 12-month price targets for PHX Energy Services' stock. Their PHX share price forecasts range from C$11.00 to C$12.50. On average, they expect the company's share price to reach C$11.67 in the next year. This suggests a possible upside of 92.5% 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 2023?

PHX Energy Services' stock was trading at C$7.77 at the start of the year. Since then, PHX shares have decreased by 22.0% and is now trading at C$6.06.
View the best growth stocks for 2023 here
.

When is PHX Energy Services' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our PHX earnings forecast
.

How were PHX Energy Services' earnings last quarter?

PHX Energy Services Corp. (TSE:PHX) released its quarterly earnings data on Tuesday, February, 28th. The company reported $0.39 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.10. The business earned $157.76 million during the quarter, compared to analyst estimates of $157 million. PHX Energy Services had a net margin of 9.52% and a trailing twelve-month return on equity of 42.19%.

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

PHX Energy Services announced a quarterly dividend on Wednesday, March 15th. Investors of record on Friday, March 31st will be given a dividend of 0.15 per share on Monday, April 17th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 9.90%. The ex-dividend date of this dividend is Thursday, March 30th. This is an increase from the stock's previous quarterly dividend of C$0.05.
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$0.60 per share and currently has a dividend yield of 9.63%. PHX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 44.78%. 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).

What is PHX Energy Services' stock symbol?

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

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.

What is PHX Energy Services' stock price today?

One share of PHX stock can currently be purchased for approximately C$6.06.

How much money does PHX Energy Services make?

PHX Energy Services (TSE:PHX) has a market capitalization of C$309.48 million and generates C$592.46 million in revenue each year. The company earns C$69.04 million in net income (profit) each year or C$1.34 on an earnings per share basis.

How many employees does PHX Energy Services have?

The company employs 707 workers across the globe.

How can I contact PHX Energy Services?

PHX Energy Services' mailing address is 1400-250 2 St SW, CALGARY, AB T2P 0C1, Canada. The official website for the company is www.phxtech.com. The company can be reached via phone at +1-403-5434466.

This page (TSE:PHX) was last updated on 5/28/2023 by MarketBeat.com Staff

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