Added to YB: 2026-05-08
Pitch date: 2026-05-07
PHX.TO [neutral]
PHX Energy Services Corp.
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, the Middle East regions, and internationally.
Market Cap
CAD 572.6M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.31
P/E
14.13
EV/Sales
0.92
Sector
Energy Equipment and Services
Category
value
PHX Energy Services Q1 2026 Update – PHX.TO
PHX.TO (holdings update): Q1 rev $183.9M (-5% YoY), adj EBITDA $30.0M (-26%), margin compressed to 16% vs 21% on lower activity. US rev -8%, Canada flat. RSS share rose to 18% vs 15%. Capex $28.5M, 2026 budget $65M (60% growth). 6.8% yield, ROCS balanced H2. 4.9x EV/EBITDA. Near-term tied to geopolitical headlines.
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