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PHX Energy Services Corp T.PHX

Alternate Symbol(s):  PHXHF

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 Western Canadian Sedimentary Basin, and internationally in Albania. Its technologies include PowerDrive Orbit Rotary Steerable System (RSS), Velocity Real-Time System, Echo system, PowerDrive Orbit RSS, P-360 Measurement While Drilling (MWD) system and others. It also supplies technology to the Middle East regions. Its Canadian directional drilling operations are conducted through Phoenix Technology Services LP. Its United States operations, conducted through its wholly owned subsidiary, Phoenix Technology Services USA Inc. (Phoenix USA).


TSX:PHX - Post by User

PHX Energy Services Corp
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Post by PressReleaseon Aug 09, 2022 6:03pm
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Post# 34883146

New Press Release - PHX Energy Announces Further Increase to its Quarterly Dividend and Strong Second Quarter Results

New Press Release - PHX Energy Announces Further Increase to its Quarterly Dividend and Strong Second Quarter Results
CALGARY, Alberta, Aug. 09, 2022 (GLOBE NEWSWIRE) -- Second Quarter HighlightsThe Corporation’s adjusted EBITDA(1) from continuing operations increased to $25.1 million, 20 percent of consolidated revenue(1). This is the highest second quarter adjusted EBITDA in the Corporation’s history.Earnings...read article.
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