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Added to YB: 2025-03-05

Pitch date: 2025-03-03

PHX.TO [neutral]

PHX Energy Services Corp.

-3.89%

current return

Author Info

Petty Cash shares microcap investing ideas (mainly in Canada) in their newsletter. Sign up for the newsletter.

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 7.92

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

Show full summary:
PHX Energy Solutions Q4 24 Update - $PHX.to

PHX.TO (Q4 earnings): Q4 rev $178.7M (+8% YoY), EBITDA $29.6M (-16% YoY). 2024 rev $659.7M, EBITDA $123.7M (19% margin). Strong Q1 2025 in US/Canada. New CEO Buker. $55M 2025 capex. 3.4x EV/EBITDA. 8.8% yield. Focused on capital returns. Holding shares, may buy on weakness.

Read full article (2 min)