Added to YB: 2025-08-08
Pitch date: 2025-08-07
PHX.TO [neutral]
PHX Energy Services Corp.
-0.81%
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 7.67
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
PHX Energy Services Q2 2025 Update - $PHX.to
PHX.TO (earnings update): Down 4% after in-line Q2 with 9% rev growth to $167.7M but margins compressed (16% vs 19% YoY). Trading at 3.1x EV/EBITDA with 10.2% yield. Continuing share buybacks ($2.3M post-Q2) + NCIB renewal planned. Expects continued NA market weakness through 2025. $65M capex budget (72% growth).
Read full article (2 min)