Added to YB: 2025-06-24
Pitch date: 2025-06-20
PHX.TO [bullish]
PHX Energy Services Corp.
-9.9%
current return
Author Info
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Company Info
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.
Market Cap
CAD 343.4M
Pitch Price
CAD 8.45
Price Target
N/A
Dividend
N/A
EV/EBITDA
4.22
P/E
7.04
EV/Sales
0.58
Sector
Energy Equipment and Services
Category
dividend
MY FAVOURITE OIL SERVICES COMPANY PHX ENERGY SERVICES PHX-TSX PHXHF-PINK
PHX.TO: Independent directional drilling leader winning market share despite 13% US rig count drop. 2024: record $659.7M revenue, 20% EBITDA margin, $37.6M dividends (9.91% yield), 2.1M shares repurchased. Almost debt-free ($12.2M net). In-house tech drives faster drilling (10,000ft well: 8.76→3.8 days). 70% of FCF to shareholders.
Read full article (7 min)