QQQ   444.67 (-0.04%)
AAPL   170.70 (-1.51%)
MSFT   421.05 (-0.09%)
META   489.25 (-0.93%)
GOOGL   150.85 (-0.01%)
AMZN   180.85 (+0.57%)
TSLA   176.85 (-1.66%)
NVDA   908.44 (+0.66%)
NIO   4.61 (-1.28%)
AMD   181.43 (+1.02%)
BABA   72.45 (+1.20%)
T   17.57 (+0.11%)
F   13.24 (+1.38%)
MU   118.28 (-0.72%)
CGC   9.28 (-2.83%)
GE   175.02 (-2.83%)
DIS   122.68 (+1.41%)
AMC   3.75 (-13.59%)
PFE   27.91 (+0.47%)
PYPL   66.84 (+0.41%)
XOM   115.46 (+0.43%)
QQQ   444.67 (-0.04%)
AAPL   170.70 (-1.51%)
MSFT   421.05 (-0.09%)
META   489.25 (-0.93%)
GOOGL   150.85 (-0.01%)
AMZN   180.85 (+0.57%)
TSLA   176.85 (-1.66%)
NVDA   908.44 (+0.66%)
NIO   4.61 (-1.28%)
AMD   181.43 (+1.02%)
BABA   72.45 (+1.20%)
T   17.57 (+0.11%)
F   13.24 (+1.38%)
MU   118.28 (-0.72%)
CGC   9.28 (-2.83%)
GE   175.02 (-2.83%)
DIS   122.68 (+1.41%)
AMC   3.75 (-13.59%)
PFE   27.91 (+0.47%)
PYPL   66.84 (+0.41%)
XOM   115.46 (+0.43%)
QQQ   444.67 (-0.04%)
AAPL   170.70 (-1.51%)
MSFT   421.05 (-0.09%)
META   489.25 (-0.93%)
GOOGL   150.85 (-0.01%)
AMZN   180.85 (+0.57%)
TSLA   176.85 (-1.66%)
NVDA   908.44 (+0.66%)
NIO   4.61 (-1.28%)
AMD   181.43 (+1.02%)
BABA   72.45 (+1.20%)
T   17.57 (+0.11%)
F   13.24 (+1.38%)
MU   118.28 (-0.72%)
CGC   9.28 (-2.83%)
GE   175.02 (-2.83%)
DIS   122.68 (+1.41%)
AMC   3.75 (-13.59%)
PFE   27.91 (+0.47%)
PYPL   66.84 (+0.41%)
XOM   115.46 (+0.43%)
QQQ   444.67 (-0.04%)
AAPL   170.70 (-1.51%)
MSFT   421.05 (-0.09%)
META   489.25 (-0.93%)
GOOGL   150.85 (-0.01%)
AMZN   180.85 (+0.57%)
TSLA   176.85 (-1.66%)
NVDA   908.44 (+0.66%)
NIO   4.61 (-1.28%)
AMD   181.43 (+1.02%)
BABA   72.45 (+1.20%)
T   17.57 (+0.11%)
F   13.24 (+1.38%)
MU   118.28 (-0.72%)
CGC   9.28 (-2.83%)
GE   175.02 (-2.83%)
DIS   122.68 (+1.41%)
AMC   3.75 (-13.59%)
PFE   27.91 (+0.47%)
PYPL   66.84 (+0.41%)
XOM   115.46 (+0.43%)
TSE:PHX

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

C$9.14
+0.01 (+0.11%)
(As of 11:15 AM ET)
Today's Range
C$9.10
C$9.25
50-Day Range
C$8.76
C$9.70
52-Week Range
C$5.58
C$9.78
Volume
10,227 shs
Average Volume
74,937 shs
Market Capitalization
C$432.60 million
P/E Ratio
4.66
Dividend Yield
8.75%
Price Target
C$11.50

PHX Energy Services MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
26.0% Upside
C$11.50 Price Target
Short Interest
N/A
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.33mentions of PHX Energy Services in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
C$490,714 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.

3.33 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

Major Elon Musk Crypto Leak Revealed
Reports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.
Did You Get Your Free Bitcoin Yet?
And my special guest is willing to give you $10 in Bitcoin (BTC) if you take it seriously. Right now is a very important time to pay attention to what we are doing and what is happening. If you wait... it will be too late. This week we are holding several workshops and if you attend and pay attention my special guest is going to send you $10 in Bitcoin.
PHX Energy Services Corp. Announces Quarterly Dividend
Flood Advisory Issued as Storm Hits Phoenix Area
See More Headlines
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.

Company Calendar

Ex-Dividend for 1/15 Dividend
12/28/2023
Dividend Payable
1/15/2024
Last Earnings
2/27/2024
Ex-Dividend for 4/15 Dividend
3/27/2024
Today
3/28/2024
Dividend Payable
4/15/2024
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
920
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
+25.8%
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$0.64 per share
Book Value
C$4.44 per share

Miscellaneous

Free Float
N/A
Market Cap
C$432.60 million
Optionable
Not Optionable
Beta
2.38
A Guide To High-Short-Interest Stocks Cover

MarketBeat's analysts have just released their top five short plays for April 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.

Get This Free Report

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 research analysts have issued "buy," "hold," and "sell" ratings for PHX Energy Services in the last year. There are currently 4 buy ratings 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 target for 2024?

4 Wall Street analysts have issued twelve-month price targets for PHX Energy Services' shares. 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 26.0% 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 at the start of the year. Since then, PHX shares have increased by 12.7% and is now trading at C$9.13.
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 were PHX Energy Services' earnings last quarter?

PHX Energy Services Corp. (TSE:PHX) announced its quarterly earnings data on Tuesday, February, 27th. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.40 by $0.28. The business earned $165.33 million during the quarter, compared to the consensus estimate of $158.50 million. PHX Energy Services had a trailing twelve-month return on equity of 50.97% and a net margin of 15.02%.

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 Friday, March 15th. Stockholders of record on Thursday, March 28th will be given a dividend of 0.20 per share on Monday, April 15th. This represents a $0.80 annualized dividend and a dividend yield of 8.76%. The ex-dividend date of this dividend is Wednesday, March 27th.
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 8.66%. PHX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 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 3/28/2024 by MarketBeat.com Staff

From Our Partners