TSE:PHX PHX Energy Services (PHX) Stock Forecast, Price & News C$6.06 -0.09 (-1.46%) (As of 05/26/2023 ET) Add Compare Share Share Today's RangeC$6.00▼C$6.1750-Day RangeC$6.06▼C$7.1952-Week RangeC$3.94▼C$8.93Volume61,419 shsAverage Volume69,295 shsMarket CapitalizationC$309.48 millionP/E Ratio4.52Dividend Yield9.90%Price TargetC$11.67 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsInsider TradesHeadlinesOptions ChainSocial Media PHX Energy Services MarketRank™ ForecastAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside92.5% UpsideC$11.67 Price TargetShort InterestN/ADividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment-0.16Based on 3 Articles This WeekInsider TradingN/AProj. 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.2.08 out of 5 stars 3.3 Analyst's Opinion Consensus RatingPHX Energy Services has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, 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 92.5% from its current price of C$6.06.Amount of Analyst CoveragePHX Energy Services has only been the subject of 1 research reports 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 9.63%, 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 44.78%. 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 1.0 News and Social Media Coverage News SentimentPHX Energy Services has a news sentiment score of -0.16. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.31 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 3 news articles for PHX Energy Services this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for PHX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, PHX Energy Services insiders have not sold or bought any company stock.Percentage Held by Insiders11.88% 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 25.80% 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 4.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.45.Price to Earnings Ratio vs. SectorThe P/E ratio of PHX Energy Services is 4.52, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.56.Price to Book Value per Share RatioPHX Energy Services has a P/B Ratio of 1.61. 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 HeadlinesMay 26, 2023 | msn.comExperience Reliable AC Repair Services with American Home Water & Air in PhoenixMay 25, 2023 | finance.yahoo.comCISO Global CEO Recognized 2023 Phoenix Titan 100 RecipientMay 28, 2023 | Altimetry (Ad)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—May 24, 2023 | msn.comNew study shows impacts if a blackout happened during heat wave in PhoenixMay 19, 2023 | yahoo.comPhoenix the playful dog has enthusiasm and ‘elfin charm.’ She needs a new homeMay 19, 2023 | bizjournals.comValley Partnership CEO intends to step down, take job with energy lobbying firmMay 17, 2023 | bizjournals.comRecently upgraded office building in downtown Phoenix secures big leaseMay 15, 2023 | theglobeandmail.comClosing Bell: Phx Energy Services Corp down on Monday (PHX)May 28, 2023 | Altimetry (Ad)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—May 13, 2023 | theglobeandmail.comClosing Bell: Phx Energy Services Corp up on Friday (PHX)May 13, 2023 | americanbankingnews.comAtb Cap Markets Weighs in on PHX Energy Services Corp.'s Q1 2025 Earnings (TSE:PHX)May 13, 2023 | americanbankingnews.comAtb Cap Markets Lowers PHX Energy Services (TSE:PHX) to Sector PerformMay 12, 2023 | markets.businessinsider.comATB Capital Markets Downgrades PHX Energy Services (PHX) to HoldMay 12, 2023 | americanbankingnews.comPHX Energy Services Corp. to Post Q2 2023 Earnings of $0.23 Per Share, Atb Cap Markets Forecasts (TSE:PHX)May 12, 2023 | bizjournals.comPhoenix Business Journal's Most Admired Leaders 2023: Bobb CooperMay 12, 2023 | msn.comPHX Energy Services GAAP EPS of C$0.42, revenue of C$166MMay 11, 2023 | finance.yahoo.comPHX Energy Services First Quarter 2023 Earnings: Beats ExpectationsMay 11, 2023 | americanbankingnews.comStifel Firstegy Analysts Decrease Earnings Estimates for PHX Energy Services Corp. (TSE:PHX)May 10, 2023 | msn.comInflation in Phoenix is up 7.4% from last year, ranks #3 nationwideMay 9, 2023 | bizjournals.comFunky Fresh Spring Rolls to leave Sherman Phoenix MarketplaceMay 9, 2023 | washingtonpost.comPHX Minerals: Q1 Earnings SnapshotMay 9, 2023 | finance.yahoo.comPHX Energy Announces Record First Quarter Financial ResultsMay 9, 2023 | technews.tmcnet.comIn the anniversary year 2023 - Phoenix Contact is celebrating the 100th anniversary of the company's foundingMay 7, 2023 | chron.comArizona House Democratic leader Cano leaving for HarvardMay 5, 2023 | msn.comPhoenix programs can help renters, homeowners with heat relief and lower energy costsMay 3, 2023 | msn.com17+ Top-Rated Arizona Resorts To Indulge InApril 28, 2023 | msn.comNBA's Phoenix Suns sign new TV deal after broadcaster bankruptcySee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings2/28/2023Ex-Dividend for 4/17 Dividend3/30/2023Dividend Payable4/17/2023Today5/28/2023Next Earnings (Estimated)8/08/2023Get 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+92.5%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$1.34 Trailing P/E Ratio4.52 Forward P/E Ratio5.12 P/E GrowthN/ANet IncomeC$69.04 million Net Margins9.52% Pretax MarginN/A Return on Equity42.19% Return on Assets11.26% Debt Debt-to-Equity Ratio36.15 Current Ratio1.98 Quick Ratio1.25 Sales & Book Value Annual SalesC$592.46 million Price / Sales0.52 Cash FlowC$0.42 per share Price / Cash Flow14.37 Book ValueC$3.76 per share Price / Book1.61Miscellaneous Outstanding Shares51,070,000Free FloatN/AMarket CapC$309.48 million OptionableOptionable Beta2.26 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 CompetitorsLiquor Stores N.A.TSE:LIQUr-EnergyTSE:UREAbitibi RoyaltiesCVE:RZZFury Gold Mines Limited (AUG.TO)TSE:AUGLos Andes CopperCVE:LAView 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? 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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