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, 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 natural gas exploration and development companies in Canada, United States, Albania, and the Middle East regions. It also develops and manufactures technologies that are made available for internal operational use. The Company operates in two operating segments on a geographical basis throughout the Gulf Coast, Northeast and Rocky Mountain regions of the United States and throughout the Western Canadian Sedimentary Basin. Its technologies include PowerDrive Orbit RSS, Atlas Motors, Performance Drilling Motors, Velocity Real-Time System, Echo, 360 RWD System, and North Seeking Gyro.

TSX:PHX - Post by User

PHX Energy Services Corp

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Comment by beenburntb4on Mar 02, 2018 7:43am

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Post# 27649865

RE:Earnings report out

Hard to say it is "earnings report", they have not had any positive earnings since Moses walked out of the desert.
And if you continue to raise equity the loss "per share" goes down as it is spread over more shares.
The one thing they do have is market share and a lot of new equipment.
Focus less on market share, raise rates 5% and Ebitda will double

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