TSE:PHX PHX Energy Services - PHX Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding PHX Energy Services Corp. Please log in to your account or sign up in order to add this asset to your watchlist. C$6.90 +0.05 (+0.73%) (As of 03/24/2023 12:00 AM ET) Add Compare Share Share Today's RangeC$6.70▼C$6.9450-Day RangeC$6.85▼C$8.3652-Week RangeC$3.94▼C$8.93Volume65,899 shsAverage Volume79,254 shsMarket CapitalizationC$351.76 millionP/E Ratio8.31Dividend Yield8.70%Price TargetC$11.67 ProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media PHX Energy Services MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside69.1% UpsideC$11.67 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingSelling SharesC$383,995 Sold Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 stars 3.5 Analyst's Opinion Consensus RatingPHX Energy Services has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$11.67, PHX Energy Services has a forecasted upside of 69.1% from its current price of C$6.90.Amount of Analyst CoveragePHX Energy Services has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for PHX. Previous Next 2.5 Dividend Strength Dividend LeadershipPHX Energy Services is a leading dividend payer. It pays a dividend yield of 8.66%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPHX Energy Services does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of PHX Energy Services is 72.29%. This payout ratio is at a healthy, sustainable level, below 75%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PHX. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 12 people have searched for PHX on MarketBeat in the last 30 days. This is a decrease of -48% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PHX Energy Services insiders have sold 4,570.34% more of their company's stock than they have bought. Specifically, they have bought C$8,222.00 in company stock and sold C$383,995.00 in company stock.Percentage Held by Insiders10.85% of the stock of PHX Energy Services is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 24.94% of the stock of PHX Energy Services is held by institutions. Previous Next 1.3 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of PHX Energy Services is 8.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.56.Price to Earnings Ratio vs. SectorThe P/E ratio of PHX Energy Services is 8.31, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.35.Price to Book Value per Share RatioPHX Energy Services has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About PHX Energy Services (TSE:PHX) StockPHX 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.Read More Receive PHX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for PHX Energy Services and its competitors with MarketBeat's FREE daily newsletter. Email Address PHX Stock News HeadlinesMarch 15, 2023 | benzinga.comUniversal Technical Institute Recognized for Efforts to Train America's Veterans for In-Demand CareersMarch 15, 2023 | msn.comPHX Energy Services Corp. declares CAD 0.15 dividendMarch 26, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 15, 2023 | nytimes.com‘The Era of Urban Supremacy Is Over’March 14, 2023 | finance.yahoo.comNATION'S BUSIEST GENERAL AVIATION AIRPORT LANDS A NEW FUEL PROVIDERMarch 13, 2023 | marketwatch.comPower Connectors Market Application, Product, Sales and Forecast 2023-2028March 10, 2023 | msn.comTeam USA strives to put World Baseball Classic on the map ... in its own countryMarch 10, 2023 | bizjournals.comQuarles adds intellectual property firm in DenverMarch 26, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 9, 2023 | msn.comHow to Watch NASCAR, Daytona Bike Week and Everything Else in Racing This Weekend, March 10-12March 9, 2023 | finanznachrichten.deSPI Energy Co., Ltd.: SPI's Solar4America Showing American-Made 550W C&I Solar Modules at Solar + Wind Finance & Investment Summit 2023March 9, 2023 | finance.yahoo.comSPI’s Solar4America Showing American-Made 550W C&I Solar Modules at Solar + Wind Finance & Investment Summit 2023March 8, 2023 | bizjournals.comCity of Surprise agrees to take on beverage maker's wastewater from EpcorMarch 7, 2023 | finance.yahoo.comSkySkopes' Acquisition of LaSen Inc. 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Email Address PHX Company Calendar Today3/25/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Next Earnings (Estimated)5/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Industrial Metals & Minerals Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:PHX CUSIPN/A CIKN/A Webwww.phxtech.com Phone+1-403-5434466FaxN/AEmployees707Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$11.67 High Stock Price ForecastC$12.50 Low Stock Price ForecastC$11.00 Forecasted Upside/Downside+69.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)C$0.83 Trailing P/E Ratio8.31 Forward P/E Ratio5.23 P/E GrowthN/ANet IncomeC$44.31 million Net Margins5.55% Pretax MarginN/A Return on Equity28.47% Return on Assets7.22% Debt Debt-to-Equity Ratio35.28 Current Ratio1.81 Quick Ratio1.25 Sales & Book Value Annual SalesC$535.74 million Price / Sales0.66 Cash FlowC$0.48 per share Price / Cash Flow14.37 Book ValueC$3.47 per share Price / Book1.99Miscellaneous Outstanding Shares50,980,000Free FloatN/AMarket CapC$351.76 million OptionableOptionable Beta2.28 Key ExecutivesMr. John Michael Hooks (Age 65)Chairman & CEO Comp: $2.14MMr. Michael Buker (Age 54)Pres Comp: $1.97MMr. Cameron Michael Ritchie C.A. (Age 61)CA, Sr. VP of Fin., CFO & Corp. Sec. Comp: $1.52MMr. Craig Brown (Age 51)Sr. VP of Engineering & Technology Comp: $1.2MMr. Jeffery John Shafer (Age 48)Sr. VP of Sales & Marketing Comp: $1.2MKey CompetitorsFury Gold Mines Limited (AUG.TO)TSE:AUGNouveau Monde GraphiteCVE:NOUAbitibi RoyaltiesCVE:RZZCobalt 27 CapitalCVE:KBLTUr-EnergyTSE:UREView All CompetitorsInsidersKaren David-GreenBought 840 shares on 1/27/2023Total: C$5,214.22 ($6.21/share)Lawrence M. HibbardBought 500 shares on 1/19/2023Total: C$3,007.50 ($6.02/share)Jeffery John ShaferSold 25,000 sharesTotal: C$200,250.00 ($8.01/share)Michael Leslie BukerSold 5,000 sharesTotal: C$38,650.00 ($7.73/share)Michael Leslie BukerSold 18,400 sharesTotal: C$141,496.00 ($7.69/share)View All Insider Transactions PHX Stock - Frequently Asked Questions Should I buy or sell PHX Energy Services stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PHX Energy Services in the last year. There are currently 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? 1 Wall Street research analysts have issued 1 year price objectives 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 twelve months. This suggests a possible upside of 69.1% 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 beginning of 2023. Since then, PHX shares have decreased by 11.2% and is now trading at C$6.90. 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 Wednesday, May 3rd 2023. 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 announced a quarterly dividend on Wednesday, March 15th. Shareholders of record on Friday, March 31st will be paid a dividend of 0.15 per share on Monday, April 17th. This represents a $0.60 annualized dividend and a yield of 8.70%. The ex-dividend date is Thursday, March 30th. This is a boost 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 8.66%. PHX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 72.29%. 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$6.90. How much money does PHX Energy Services make? PHX Energy Services (TSE:PHX) has a market capitalization of C$351.76 million and generates C$535.74 million in revenue each year. The company earns C$44.31 million in net income (profit) each year or C$0.83 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 3/26/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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 from 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. 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