|Bid||2.3300 x 0|
|Ask||2.3900 x 0|
|Day's Range||2.2800 - 2.3800|
|52 Week Range||2.2500 - 3.5000|
|Beta (3Y Monthly)||1.43|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 29, 2019 - Nov 4, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.05|
In 1995 John Hooks was appointed CEO of PHX Energy Services Corp. (TSE:PHX). This report will, first, examine the CEO...
PHX Energy Services Corp. ("PHX Energy" or the "Corporation") (PHX.TO) announces that its Board of Directors (the “Board”) has approved a $5 million increase to the Corporation’s 2019 capital expenditure program (the “Program”). With this increase the Corporation now anticipates spending $35 million in capital expenditures during the 2019-year. The increase will primarily be dedicated to the purchase of long lead items required to further expand the Atlas High Performance Drilling Motor (“Atlas Motors”) and Velocity Real-Time System fleets for activity in 2020.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
PHX Energy Services Corp. ("PHX Energy" or the "Corporation") (TSX: PHX) today announced that the Toronto Stock Exchange ("TSX") has accepted PHX Energy's notice of intention to renew its normal course issuer bid for a further one-year term (the "NCIB"). The current NCIB expires on August 7, 2019. Under the renewed NCIB, PHX Energy may purchase for cancellation, from time to time, as PHX Energy considers advisable, up to a maximum of 3,280,889 Common Shares, which represents 10% of the Corporation's public float of 32,808,894 Common Shares as at July 31, 2019. Purchases of Common Shares may be made on the open market through the facilities of the TSX and through other alternative Canadian trading platforms at the prevailing market price at the time of such transaction. The actual number of Common Shares that may be purchased for cancellation and the timing of any such purchases will be determined by PHX Energy, subject to a maximum daily purchase limitation of 9,347 Common Shares which equates to 25% of PHX Energy's average daily trading volume of 37,391 Common Shares for the six months ended July 31, 2019. PHX Energy may make one block purchase per calendar week which exceeds the daily repurchase restrictions. Any Common Shares that are purchased by PHX Energy under the NCIB will be cancelled.
CALGARY, Alberta, July 31, 2019 -- Financial ResultsFor the three-month period ended June 30, 2019, the Corporation realized adjusted EBITDA of $11 million the highest second.
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see...
CALGARY, Alberta, May 07, 2019 -- PHX Energy Services Corp. ("PHX Energy") is pleased to announce the voting results for the election of directors at its annual and special.
CALGARY, Alberta, May 02, 2019 -- Financial ResultsPHX Energy’s consolidated revenue in the first quarter of 2019 grew by 30 percent to $92.1 million from $70.8.
PHX Energy Services Corp.'s (TSE:PHX): PHX Energy Services Corp., through its subsidiaries, provides horizontal and directional drilling technology and services to oil and natural gas exploration and development, and production co...
PHX Energy Services Corp. ("PHX Energy" or the "Corporation") (PHX.TO) announces that its Board of Directors (the “Board”) has approved a $10 million increase to the Corporation’s 2019 capital expenditure program (the “2019 Program”). With this increase the Corporation now anticipates spending $25 million in capital expenditures during the 2019-year. PHX Energy expects to dedicate the majority of the additional capital expenditures toward increasing the capacity of its fleet of Velocity Real-Time Systems (“Velocity”) for activity in early 2020.
Investors are always looking for growth in small-cap stocks like PHX Energy Services Corp. (TSE:PHX), with a market cap of CA$164m. However, an important fact which most ignore is: howRead More...
CALGARY, Alberta, Feb. 27, 2019 -- Financial Results For the year-ended December 31, 2018, the Corporation achieved its highest adjusted EBITDA since 2014. In the 2018-year,.
We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be remiss not to mention that insider sales have Read More...
John Hooks became the CEO of PHX Energy Services Corp (TSE:PHX) in 1995. This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. After Read More...
PHX Energy Services Corp. ("PHX Energy" or the “Corporation”) (TSX: PHX) announces that it has entered into a Purchase Agreement (the “Agreement”) to purchase an initial fleet of Schlumberger PowerDrive Orbit1 Rotary Steerable Systems (“RSS”). The Agreement includes an accompanying license for PHX Energy’s US subsidiary, Phoenix Technology Service USA Inc. (“Phoenix USA”) to operate the PowerDrive Orbit RSS throughout the 48 contiguous states of the United States. The purchase of this initial fleet is part of the Corporation’s 2018 capital expenditures program (the “2018 Program”) and will equip PHX Energy with a concurrent job capacity of 2-3 jobs.
CALGARY, Alberta, Oct. 31, 2018 -- Financial Results For the three-month period ended September 30, 2018, the Corporation generated its highest quarterly.