PHX Energy Services Corp

Chart & Performance

D1W1MN

P/E

7.35

P/S

0.61

EPS

1.20

Div Yield, %

6.88%

Shrs. gr., 5y

-3.51%

Rev. gr., 5y

12.75%

Revenues

660m

+0.51%

Net income

55m

-44.59%

CFO

97m

+0.18%

Dividend

Sep 27, 20240.2 CAD/sh

Earnings

Aug 04, 2025

Profile

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.

URL

https://www.phxtech.com/

IPO date

Sep 27, 1996

Employees

843

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2024‑12	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12
Income
Revenues	659,663 0.51%	656,341 22.51%	535,745 53.11%
Cost of revenue	540,506	511,446	429,829
Unusual Expense (Income)
NOPBT	119,157	144,895	105,916
NOPBT Margin	18.06%	22.08%	19.77%
Operating Taxes	15,658	5,070	9,042
Tax Rate	13.14%	3.50%	8.54%
NOPAT	103,499	139,825	96,874
Net income	54,622 -44.59%	98,580 122.47%	44,311 94.99%
Dividends	(37,570)	(30,189)	(15,148)
Dividend yield	8.57%	7.07%	3.85%
Proceeds from repurchase of equity		(30,014)	(1,606)
BB yield		7.03%	0.41%
Debt
Debt current	3,702	3,234	2,907
Long-term debt	83,829	78,742	99,174
Deferred revenue
Other long-term liabilities	3,340	4,042	4,462
Net debt	71,197	62,542	80,833
Cash flow
Cash from operating activities	96,898	96,723	37,083
CAPEX	(83,277)	(64,932)	(74,786)
Cash from investing activities	(49,164)	(20,262)	(47,388)
Cash from financing activities	(51,111)	(77,947)	2,706
FCF	74,426	128,069	8,152
Balance
Cash	14,163	16,433	18,247
Long term investments	2,171	3,001	3,000
Excess cash
Stockholders' equity	215,016	202,801	169,834
Invested Capital	277,724	258,781	243,090
ROIC	38.58%	55.72%	48.07%
ROCE	40.05%	52.57%	40.49%
EV
Common stock shares outstanding	47,023	52,709	50,699
Price	9.32 15.06%	8.10 4.25%	7.77 74.22%
Market cap	438,254 2.65%	426,939 8.38%	393,933 70.95%
EV	509,451	489,481	474,766
EBITDA	167,766	186,654	141,269
EV/EBITDA	3.04	2.62	3.36
Interest	2,213	4,667	3,392
Interest/NOPBT	1.86%	3.22%	3.20%