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

Company Overview

PHX Energy Services Corp. provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally. It offers Atlas motors; Velocity Real-Time Systems that provide downhole guidance systems; Echo system; PowerDrive Orbit RSS, a rotary steerable system; performance drilling motors; P-360 Positive Pulse MWD System, a measurement while drilling (MWD) tool; and E-360 EM MWD System, a 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. In addition, it offers directional drilling and motor rentals, survey management, and Gyro surveying services. 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.

Key Stats

• Today's Range: $6.98 to $7.02
• 50-Day Range: $6.68 to $7.76
• 52-Week Range: $5.19 to $7.76
• Volume: 5,200 shs
• Average Volume: 3,656 shs
• Market Capitalization: N/A
• P/E Ratio: 5.31
• Dividend Yield: 11.84%
• Price Target: N/A
• Consensus Rating: N/A

PHX Energy Services Stock Analysis - MarketRank™

PHX Energy Services scored higher than 7% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for PHX Energy Services.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of PHX Energy Services is 5.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.19.

Price to Earnings Ratio vs. Sector

The P/E ratio of PHX Energy Services is 5.31, which means that it is trading at a less expensive P/E ratio than the Energy sector average P/E ratio of about 99.10.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

PHX Energy Services has a short interest ratio ("days to cover") of 16.8, which indicates bearish sentiment.

Change versus previous month

Short interest in PHX Energy Services has recently increased by 37.27%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

PHX Energy Services is a leading dividend payer. It pays a dividend yield of 16.42%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

PHX Energy Services does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PHX Energy Services is 62.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

PHX Energy Services has a short interest ratio ("days to cover") of 16.8, which indicates bearish sentiment.

Change versus previous month

Short interest in PHX Energy Services has recently increased by 37.27%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: N/A

News Sentiment

PHX Energy Services has a news sentiment score of -0.50. 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 0.39 average news sentiment score of Energy companies.

News Coverage This Week

MarketBeat has tracked 1 news article for PHX Energy Services this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, PHX Energy Services insiders have not sold or bought any company stock.

Percentage Held by Institutions

Only 38.33% of the stock of PHX Energy Services is held by institutions.

PHXHF Stock Analysis - Frequently Asked Questions

How have PHXHF shares performed this year?

PHX Energy Services' stock was trading at $6.40 on January 1st, 2024. Since then, PHXHF shares have increased by 9.5% and is now trading at $7.0073.
View the best growth stocks for 2024 here.

How do I buy shares of PHX Energy Services?

Shares of PHXHF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Ex-Dividend for 7/15 Dividend: 6/28/2024
• Dividend Payable: 7/15/2024
• Today: 9/20/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Energy
• Industry: Oil & Gas Drilling
• Sub-Industry: N/A
• Current Symbol: OTCMKTS:PHXHF
• CUSIP: N/A
• CIK: N/A
• Web: www.phxtech.com
• Phone: (403) 543-4466
• Fax: N/A
• Employees: 920
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 5.31
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A