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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 JohnSPon Jun 04, 2024 9:10am
84 Views
Post# 36070793

May 30 Share Buybacks

May 30 Share BuybacksGood sign for FCF, after 6 month absense, PHX was back doing buy backs of 317,600 shares at CAD8.74 for total CAD2,775,824.

Good sign that FCF is still strong and that over their CapEx bulge.
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