PHX Energy Services (TSE:PHX)
TSX:PHX
PHX Stock Chart & Stats
C$12.48
-C$0.18(-1.86%)
At close: 4:00 PM EST
C$12.48
-C$0.18(-1.86%)
Day’s Range― - ―
52-Week RangeC$6.87 - C$14.17
Previous CloseN/A
Volume22.45K
Average Volume (3M)155.69K
Market Cap
C$566.23M
Enterprise ValueC$604.01M
Total Cash (Recent Filing)C$29.11M
Total Debt (Recent Filing)C$66.93M
Price to Earnings (P/E)6.2
Beta0.84
Next Earnings
May 12, 2026EPS Estimate
0.29Next Dividend Ex-DateN/A
Dividend Yield10.44%
Share Statistics
EPS (TTM)0.35
Shares Outstanding45,371,075
10 Day Avg. Volume127,715
30 Day Avg. Volume155,688
Financial Highlights & Ratios
PEG Ratio1.82
Price to Book (P/B)1.49
Price to Sales (P/S)0.48
P/FCF Ratio394.28
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$11.13Price Target Upside-10.82% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.99
Revenue Forecast (FY)C$702.33M
Bulls Say, Bears Say
Bulls Say
Balance Sheet StrengthModerate leverage (~0.29 debt/equity in 2025) provides durable financial flexibility for a capital-intensive drilling services firm. It reduces refinancing risk through cycles, supports selective capex and working capital needs, and enables the company to sustain operations and pursue strategic investments during downturns.
Revenue Growth MomentumSustained top-line expansion from 2021–2025, with particularly strong 2025 growth, indicates persistent demand for directional drilling and MWD services. Durable revenue momentum reflects either rising market share or sustained activity levels, which supports long-term capacity utilization and revenue visibility if the company keeps winning jobs.
High Return On EquityMid-20% ROE in 2024–2025 signals efficient capital deployment and profitable operations relative to invested equity. Consistently strong ROE supports reinvestment and shareholder returns, indicating the company can convert capital into earnings effectively—a durable competitive attribute in a service-oriented drilling business.
Bears Say
Weak Cash ConversionFree cash flow near breakeven despite positive net income highlights poor cash conversion and suggests earnings quality issues. Over months this constrains self-funding of equipment and mobilization costs, limits buffer for dividends or buybacks, and increases reliance on external financing in capex cycles.
Margin CompressionMeaningful margin deterioration from 2023 highs to lower 2025 EBITDA margins implies rising costs, pricing pressure, or unfavorable job mix. If structural, this reduces the company's earnings power and free cash generation, weakening the buffer against cyclicality and limiting capacity to reinvest or shore up the balance sheet.
Cyclical Revenue ExposureRevenue and utilization are directly tied to E&P activity (rig counts, well starts, drilled footage), making the business structurally cyclical. Over a 2–6 month horizon this cyclicality drives volatility in utilization, pricing leverage and contract frequency, necessitating conservative planning and flexible cost management.
PHX Energy Services News
PHX FAQ
What was PHX Energy Services’s price range in the past 12 months?
PHX Energy Services lowest stock price was C$6.87 and its highest was C$14.17 in the past 12 months.
What is PHX Energy Services’s market cap?
PHX Energy Services’s market cap is C$566.23M.
When is PHX Energy Services’s upcoming earnings report date?
PHX Energy Services’s upcoming earnings report date is May 12, 2026 which is in 34 days.
How were PHX Energy Services’s earnings last quarter?
PHX Energy Services released its earnings results on Feb 24, 2026. The company reported C$0.35 earnings per share for the quarter, beating the consensus estimate of C$0.127 by C$0.223.
Is PHX Energy Services overvalued?
According to Wall Street analysts PHX Energy Services’s price is currently Overvalued.
Does PHX Energy Services pay dividends?
PHX Energy Services pays a Quarterly dividend of C$0.2 which represents an annual dividend yield of 10.44%. See more information on PHX Energy Services dividends here
What is PHX Energy Services’s EPS estimate?
PHX Energy Services’s EPS estimate is 0.29.
How many shares outstanding does PHX Energy Services have?
PHX Energy Services has 45,371,075 shares outstanding.
What happened to PHX Energy Services’s price movement after its last earnings report?
PHX Energy Services reported an EPS of C$0.35 in its last earnings report, beating expectations of C$0.127. Following the earnings report the stock price went up 19.121%.
Which hedge fund is a major shareholder of PHX Energy Services?
Currently, no hedge funds are holding shares in TSE:PHX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
PHX Energy Services Stock Smart Score
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
C$11.13 (-10.82% Downside)
C$11.13 (-10.82% Downside)
Blogger Sentiment
Bullish
TSE:PHX Sentiment 100%
Sector Average 68%
Sector Average 68%
Insider Transactions
Sold Shares
Worth C$1.6M over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-16.24%
12-Months-Change
Fundamentals
Return on Equity
24.11%
Trailing 12-Months
Asset Growth
4.70%
Trailing 12-Months
Company Description
PHX Energy Services
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.
PHX Stock 12 Month Forecast
Average Price Target
C$11.13
▼(-10.82% Downside)
Technical Analysis
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Options Prices
Currently, No data available
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