PHX Energy Services Corp. (T:PHX)
Business Focus: Oil & Gas Drilling (NEC)
| Sector: Energy | Industry: Oil & Gas Drilling |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | #1400, 250 - 2nd Street S.W. CALGARY AB T2P 0C1 |
| Tel: | N/A |
| Website: | www.phxtech.com |
| IR: | See website |
| Key People | ||
| John M. Hooks Chairman of the Board, Chief Executive Officer | Michael Buker President | Cameron M. Ritchie Senior Vice President - Finance, Chief Financial Officer, Corporate Secretary |
| Jeffery Shafer Senior Vice President - Sales and Marketing | Craig Brown Senior Vice President - Engineering and Technology | |
| Business Overview |
| PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services to oil and natural gas producing companies. The Company's segments include Canada, United States and International. The Company offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia, and Manitoba and throughout the United States in the Gulf Coast, Northeast and Rocky Mountain regions. Its technologies include PowerDrive Orbit Rotary Steerable System (RSS), Atlas Motors, Velocity Real-Time System, Echo system, PowerDrive Orbit RSS, and P-360 Measurement While Drilling (MWD) system. It provides full service horizontal and directional drilling services. It offers gyro surveying services. It also provides survey management service. Its PowerDrive Orbit RSS is a focused push-the-bit RSS. |
| Financial Overview |
| For the six months ended 30 June 2022, PHX Energy Services Corp revenues increased 63% to C$238.4M. Net income before extraordinary items decreased 8% to C$8.6M. Revenues reflect United States segment increase of 58% to C$187.2M, Canada segment increase of 82% to C$46.8M. Net income was offset by Stock-based Compensation in SGA increase from C$2.8M to C$12.8M (expense), Selling. |
| Employees: | 707 as of Dec 31, 2021 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $343.98M as of Jun 30, 2022 |
| Annual revenue (TTM): | $443.97M as of Jun 30, 2022 |
| EBITDA (TTM): | $45.34M as of Jun 30, 2022 |
| Net annual income (TTM): | $21.54M as of Jun 30, 2022 |
| Free cash flow (TTM): | -$21.60M as of Jun 30, 2022 |
| Net Debt Last Fiscal Year: | $37.12M as of Jun 30, 2022 |
| Shares outstanding: | 50,378,074 as of Jun 30, 2022 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Canadianinsider.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Read more...Insider information is based on filings made on the System
for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission.Read less
US Quotes Data provided by IEX. Additional price data powered by Twelve Data. Company fundamental sourced from © Refinitiv. Click for restrictions. © Refinitiv. All rights reserved. Republication or redistribution of Refinitiv, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. Refinitiv is not liable for any errors or delays in Refinitiv content, or for any actions taken in reliance on such content.
Interactive technical study charts by TradingView. Copyright © 2022 INK Research Corp. All rights reserved. All trade-marks or trade names not owned by INK Research Corp. are the property of their respective owners.