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.

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PHX Energy Services Corp

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Post by Possibleidiot01on Aug 09, 2023 3:37pm

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Analysts

PHX Energy Services (TSE:PHX) had its price target raised by analysts at Stifel Nicolaus from C$9.50 to C$10.00. They now have a "buy" rating on the stock. This represents a 33.5% upside from the current price of C$7.49.
PHX Energy Services (TSE:PHX) was upgraded by analysts at ATB Capital from a "sector perform" rating to an "outperform" rating. They now have a C$11.00 price target on the stock, up previously from C$10.00. This represents a 46.9% upside from the current price of C$7.49.
PHX Energy Services (TSE:PHX) had its price target raised by analysts at BMO Capital Markets from C$9.00 to C$9.50. They now have an "outperform" rating on the stock. This represents a 26.8% upside from the current price of C$7.49.