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 > New Press Release - PHX Energy Receives TSX Approval for Renewal of Normal Course Issuer Bid

<< Previous

Bullboard Posts

Next >>

Comment by JohnSPon Sep 11, 2023 5:06pm

96 Views

Post# 35630223

RE:RE:New Press Release - PHX Energy Receives TSX Approval for Renewal of Normal Course Issuer Bid

Special Divs were supposed to be part of the plan but they have gone to Share Buybacks.

See my other post, last 2 months they bought back 2% per month, will fill up max 10% NCIB fast at that rate, then with no debt . . . . special divs.

<< Previous

Bullboard Posts

Next >>

Invest wiser with BMO's InvestorLine Platform features