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Bullboard - Stock Discussion Forum 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... see more

TSX:PHX - Post Discussion

PHX Energy Services Corp > Q2 Results Share Count, Down 7.1% YoY
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Post by JohnSP on Aug 07, 2024 10:26pm

Q2 Results Share Count, Down 7.1% YoY

20230630 Shares outstanding = 50,801,138.

20240630 Shares outstanding = 47,179,705, down 3,621,433 or 7.1%.

 

And forward is less CapEx and Expenses, so under ROCS, probably hold dividend flat and more aggressive on buybacks going forward.

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