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DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
"Prepare for Five Years of Famine" (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
"Prepare for Five Years of Famine" (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
"Prepare for Five Years of Famine" (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
"Prepare for Five Years of Famine" (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
"Prepare for Five Years of Famine" (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
"Prepare for Five Years of Famine" (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
Ukraine demands emergency UN meeting over Putin nuclear plan
"Prepare for Five Years of Famine" (Ad)
New Russian campaign tries to entice men to fight in Ukraine
Factory or farm? Oregon may alter land use for chipmakers
"Prepare for Five Years of Famine" (Ad)
Travel disruption hits Germany on eve of transport strike
Berlin climate proposal fails to get enough yes votes to win
"Prepare for Five Years of Famine" (Ad)
Adele extends Las Vegas residency, plans concert film
Turkmenistan votes for new, opposition-free parliament
TSE:PHX

PHX Energy Services - PHX Stock Forecast, Price & News

C$6.90
+0.05 (+0.73%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
C$6.70
▼
C$6.94
50-Day Range
C$6.85
▼
C$8.36
52-Week Range
C$3.94
▼
C$8.93
Volume
65,899 shs
Average Volume
79,254 shs
Market Capitalization
C$351.76 million
P/E Ratio
8.31
Dividend Yield
8.70%
Price Target
C$11.67

PHX Energy Services MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
69.1% Upside
C$11.67 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
C$383,995 Sold Last Quarter
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.

2.25 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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

March 15, 2023 | benzinga.com
Universal Technical Institute Recognized for Efforts to Train America's Veterans for In-Demand Careers
March 15, 2023 | msn.com
PHX Energy Services Corp. declares CAD 0.15 dividend
March 26, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
March 15, 2023 | nytimes.com
‘The Era of Urban Supremacy Is Over’
March 14, 2023 | finance.yahoo.com
NATION'S BUSIEST GENERAL AVIATION AIRPORT LANDS A NEW FUEL PROVIDER
March 13, 2023 | marketwatch.com
Power Connectors Market Application, Product, Sales and Forecast 2023-2028
March 10, 2023 | msn.com
Team USA strives to put World Baseball Classic on the map ... in its own country
March 10, 2023 | bizjournals.com
Quarles adds intellectual property firm in Denver
March 26, 2023 | Behind the Markets (Ad)
[BREAKING] New "Living Missile" to Replace Nuclear Missiles
CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!
March 9, 2023 | msn.com
How to Watch NASCAR, Daytona Bike Week and Everything Else in Racing This Weekend, March 10-12
March 9, 2023 | finanznachrichten.de
SPI Energy Co., Ltd.: SPI's Solar4America Showing American-Made 550W C&I Solar Modules at Solar + Wind Finance & Investment Summit 2023
March 9, 2023 | finance.yahoo.com
SPI’s Solar4America Showing American-Made 550W C&I Solar Modules at Solar + Wind Finance & Investment Summit 2023
March 8, 2023 | bizjournals.com
City of Surprise agrees to take on beverage maker's wastewater from Epcor
March 7, 2023 | finance.yahoo.com
SkySkopes' Acquisition of LaSen Inc. Elevates Both Company's Footprint in the Energy Industry
March 6, 2023 | bizjournals.com
Canada-based land firm picks Phoenix for new US headquarters
March 1, 2023 | bizjournals.com
Siemens to provide infrastructure technology for KORE Power Buckeye battery manufacturing facility
March 1, 2023 | msn.com
PHX Energy Services Non-GAAP EPS of $0.66, revenue of $157.8M beats by $41.26M
February 26, 2023 | msn.com
Suspected Phoenix solar panel thief apprehended and released after witness refuses to give statement
February 24, 2023 | msn.com
Heading to Phoenix for Spring Break? Here Are the Best Things to Do From a Local
February 22, 2023 | bizjournals.com
Nikola adds to its initial network of planned hydrogen stations in California
February 21, 2023 | bizjournals.com
Nestle wants Legislature to change Arizona law for industrial water use, storage
February 19, 2023 | finance.yahoo.com
PHX Energy Services Corp.'s (TSE:PHX) top owners are individual investors with 57% stake, while 16% is held by institutions
February 15, 2023 | msn.com
SPAC Roc Energy to merge with oilfield services provider Drilling Tools
February 10, 2023 | marketwatch.com
Low Energy Data Center Market is expected to witness Incredible Growth during 2023-2028
February 9, 2023 | golfweek.usatoday.com
Photos: 2023 WM Phoenix Open at TPC Scottsdale
February 9, 2023 | msn.com
Gitzel discusses Cameco supply contract with Ukraine's state-owned nuclear energy utility
February 9, 2023 | bizjournals.com
Hotel in Phoenix's Camelback corridor sells for $67M; more Valley real estate deals to know
See More Headlines
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PHX Company Calendar

Today
3/26/2023
Ex-Dividend for 4/17 Dividend
3/30/2023
Dividend Payable
4/17/2023
Next Earnings (Estimated)
5/03/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Industrial Metals & Minerals
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:PHX
CUSIP
N/A
CIK
N/A
Web
www.phxtech.com
Phone
+1-403-5434466
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
+69.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$0.83
Trailing P/E Ratio
8.31
Forward P/E Ratio
5.23
P/E Growth
N/A
Net Income
C$44.31 million
Net Margins
5.55%
Pretax Margin
N/A
Return on Equity
28.47%
Return on Assets
7.22%

Debt

Debt-to-Equity Ratio
35.28
Current Ratio
1.81
Quick Ratio
1.25

Sales & Book Value

Annual Sales
C$535.74 million
Price / Sales
0.66
Cash Flow
C$0.48 per share
Price / Cash Flow
14.37
Book Value
C$3.47 per share
Price / Book
1.99

Miscellaneous

Outstanding Shares
50,980,000
Free Float
N/A
Market Cap
C$351.76 million
Optionable
Optionable
Beta
2.28

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

Key Competitors

View All Competitors

Insiders

View All Insider Transactions













PHX Stock - Frequently Asked Questions

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

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for PHX Energy Services in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 brokers have issued 12-month price objectives for PHX Energy Services' stock. Their PHX share price forecasts range from C$11.00 to C$12.50. On average, they anticipate the company's stock price to reach C$11.67 in the next year. 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 start of the year. Since then, PHX stock has 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 of this dividend is Thursday, March 30th. This is a positive change 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