Added to YB: 2026-08-10
Pitch date: 2026-08-06
PHX.TO [neutral]
PHX Energy Services Corp.
-0.34%
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, the Middle East regions, and internationally.
Market Cap
CAD 499.7M
Pitch Price
CAD 11.75
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.20
P/E
11.55
EV/Sales
0.81
Sector
Energy Equipment and Services
Category
dividend
PHX Energy Services Corp. Q2 2026 Update - PHX.TO
PHX.TO (holding update): Q2'26 rev $178.9M (+6.7% YoY), adj EBITDA $33M (+20.5%), but gross margin -1.5pts to 13%. Canada strong (+29% rev), US flat. Capex budget raised to $80M; net debt up to $43.9M. Trades 4.4x EV/EBITDA, ~10x EV/FCF '26. 7.1% yield, +37.5% 1yr. NCIB renewal likely.
Read full article (5 min)