Bullboard - Stock Discussion Forum PHX Energy Services Corp PHXHF

Primary Symbol: T.PHX

Energy Oil & Gas Drilling

PHX Energy Services Corp. is a Canada-based oil and natural gas services company. The Company provides horizontal and directional drilling services and technologies to oil and natural gas exploration and development companies. The Company reports three operating segments on a geographical basis throughout the Gulf Coast, Northeast and Rocky Mountain regions of the United States, throughout the... see more

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TSX:PHX - Post Discussion

PHX Energy Services Corp > What am I missing?

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Post by Tothemoon2 on Jul 06, 2022 10:35am

What am I missing?

Are results going to be as bad as the stock price indicates? Also a 7% dividend to boot. I added a little more @ US3.33 to ave down a little.

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Comment by tenbagger_please on Jul 12, 2022 3:03pm

They live and die by the rig count. If rig counts hold up, phx is a winner. They are getting thrown out with the bath water. I have them at 2x ebitda! (2023e). How much cheaper can they get? I don't understand the best case here. Anyone care to share?

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Comment by tenbagger_please on Jul 12, 2022 3:04pm

*don't understand the bear case (autocorrect!)

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Comment by Tothemoon2 on Jul 18, 2022 6:31pm

Excellent article - CEU mentioned Canada Stocks Take Two Days of Gains To Near 265 Pts, Buoyed By Commodities; BMO With Oil and Gas Q2 Preview 18 Jul 2022 16:11 ET 04:11 PM EDT, 07/18/2022 (MT Newswires) -- Canada's main stock market lost near 40 points over the final hour -- following the lead from US markets that turned negative ...more

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