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Bullboard - Stock Discussion Forum PHX Energy Services Corp T.PHX

Alternate Symbol(s):  PHXHF

PHX Energy Services Corp. is a Canada-based oil and natural gas services company. The Company, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the United States. It also rents performance drilling motors and sells motor equipment and parts to oil and... see more

Bullboard (TSX:PHX)

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Post by JohnSPon Dec 03, 2024 5:45pm

Nov Buybacks & Next Div Announcement

Nov Buybacks were lower 128,100 shares, still 4% of NCIB. Next up is Div announcement probably on Friday Dec 13.
Post by JohnSPon Nov 07, 2024 10:52am

Q3 Results - My Thoughts

No div raise, wishful thinking on my part. Last Paragraph of Buker's Comments: "With our forecasted lower 2025 capital expenditure budget, we anticipate maintaining our strong commitment to ...more  
Post by JohnSPon Oct 27, 2024 1:08pm

2024-10-01: BoD Chaiman & CEO on TSX30 Growth

Just general stuff: https://x.com/tsx_tsxv/status/1848439519961624977
Post by JohnSPon Oct 10, 2024 9:52pm

2024-09-10/12: Presentation, Peters & Co Energy Conference

Just noticed the subject presenation was posted on PX website: https://www.phxtech.com/_files/ugd/389610_277bb97ce7db4ea996e027af02836bc7.pdf Normal stuff, interesting bits: 1) "our outlook ...more  
Post by JohnSPon Oct 01, 2024 7:00pm

2024-10-01: Sep NCIB Buybacks Filed

September another large buyback of 579,111 shares, I calculate that as 1.26% of Shares outstanding, and 1.72% of NCIB which is max 10% of Share Outstanding. good news: Sep Buyback = 579,111 ...more  
Post by JohnSPon Sep 26, 2024 11:17am

2024-09-30: Monday is Ex-div Day

Stock should open CAD0.20 down to compensate for quarterly dividend payment.
Comment by JohnSPon Sep 13, 2024 10:38am

RE:Dividend

Excellent, exactly on schedule. Fourth quarterly at CAD0.20.
Comment by Betteryear2on Sep 13, 2024 7:31am

RE: PHX Energy Services Corp Recognized in TSX30™

It is noted that the title may be a little misleading as they did not win TSX30™ 2024 but are ranked 20th on the TSX30™ 2024 list.
Post by Betteryear2on Sep 13, 2024 7:23am

Dividend

CALGARY, Alberta, Sept. 13, 2024 (GLOBE NEWSWIRE) -- PHX Energy Services Corp. ("PHX Energy" or the "Corporation") is pleased to announce that its Board of Directors has declared a ...more  
Post by Betteryear2on Sep 13, 2024 7:22am

PHX Energy Services Corp Recognized in TSX30™

PHX Energy was recently recognized as a TSX30™ 2024 winner, by the Toronto Stock Exchange (“TSX”). The TSX30™ 2024 list ranks the top-performing TSX stocks and is based on the average ...more  
Post by JohnSPon Sep 03, 2024 5:32pm

2024-09-03: Aug NCIB Buybacks Filed

August only 60,600 shares way less than abnormally high July's: Aug Buyback = 60,600 shares at CAD10.17 avg for total CAD616,350. Jul Buyback = 650,221 shares at CAD9.83 avg for total CAD6,390 ...more  
Post by JohnSPon Aug 14, 2024 11:12am

2024-08-16 New NCIB

New 1 year NCIB is max 10% of Public Float 3,363,845 (Public Float is significantly less than shares outstanding). Previous 1 year NCIB was also max 10% of Public Float at 3,552,810, under which 3 ...more  
Comment by energeeon Aug 11, 2024 4:22pm

RE:RE:Good Q2 Results Share Buybacks and Dividend Continues

Thanks for the point to CES.  Interesting thought.
Comment by JohnSPon Aug 08, 2024 11:29pm

RE:Good Q2 Results Share Buybacks and Dividend Continues

Indeed, they should merge with CES Energy Solutions (drilling and production chemicals), 1) both have same geographic foot print, 2) adjacent and thus synergistic industries, 3) PHX Chairman of Board ...more  
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