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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 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

Post by Tuckerthefoxon Feb 28, 2022 8:53am
165 Views
Post# 34467027

Go green with that profit

Go green with that profit The 7 Best Cobalt Stocks To Buy In February 2022! Fortune Minerals (OTC: FTMDF) (TO:FT) Fortune Minerals is another Canadian cobalt stock with investment potential. It offers a very diverse portfolio of minerals. This means that its stocks value is only partially tied to cobalt prices. Fortune Minerals main source of cobalt is the NICO deposit in Canadas Northwest Territories. The company recently announced its completion with a total of 13 holes with varying depths. It could enable lithium-ion battery production in North America, as well as the production of other cobalt technologies. It will produce cobalt, gold, bismuth, and copper from a proposed mine and concentrator in the Northwest Territories and a linked hydrometallurgical refinery in southern Canada. Outside of Congo, the NICO Project is one of the worlds most advanced cobalt development projects, aiming to supply the rising demand for lithium-ion batteries for electric cars, portable gadgets, and stationary storage cells. Fortune Minerals is also part of a cobalt refinery in Saskatchewan that is currently in development. This refinery would also be able to process other metals. Since this mining project has not yet been built, we could see increases in this stocks value once the project is completed and production can begin. https://www.thestockdork.com/cobalt-stocks/
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