Added to YB: 2026-01-29
Pitch date: 2026-01-27
PHX.TO [bullish]
PHX Energy Services Corp.
+4.88%
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 376.1M
Pitch Price
CAD 8.60
Price Target
N/A
Dividend
9.65%
EV/EBITDA
4.56
P/E
7.68
EV/Sales
0.63
Sector
Energy Equipment and Services
Category
dividend
PHX Energy Services (re)profile - PHX.to
PHX.TO (added to position): Leading independent directional drilling co w/ 9.7% dividend yield backed by FCF. Outperforming -7% US rig count decline w/ +2% revenue growth via premium tech & market share gains. Trades 3.4x EV/EBITDA, near historical lows. ROCS strategy returns 70% excess cash via dividends+buybacks. Risk: commodity cycle volatility could pressure high payout ratio.
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