PHX Energy Services Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Michael L. Buker
- Full Time Employees
- 924
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Address
- 250 2nd Street SW Calgary AB Canada T2P 0C1
- IPO Date
- Jul 19, 2004
- Website
- phxtech.com
- Similar Companies
- Business
- PHX Energy Services Corp. (PHXHF) is a leading provider of horizontal directional drilling technology and services to the oil and gas industry in Canada and the United States. The company offers a comprehensive suite of proprietary drilling motors and related services, including PHX XM™ performance drilling motors; PHX X-treme™ high-temperature motors; PHX 633™ and PHX 633-350 motors; PHX 212™ motors; even-wall motors; and At-Bit™ steerable systems, complemented by performance drilling optimization services, technical support, and rental equipment. PHX operates primarily in the Western Canadian Sedimentary Basin and select U.S. markets, targeting operators in unconventional resource plays such as the Montney, Duvernay, and Bakken formations. Founded in 1997 and headquartered in Calgary, Alberta, Canada, the company focuses on enhancing drilling efficiency through innovative, reliable technology tailored to complex horizontal well profiles. In recent developments, PHX Energy reported strong operational performance in 2025, with expanded utilization of its PHX XM motor fleet amid favorable industry conditions in Canada, alongside strategic investments in inventory and technology enhancements to support growing demand in key resource plays. The company announced positive quarterly results for Q3 2025, highlighting revenue growth driven by higher drilling activity and improved pricing for its services, with no major acquisitions, partnerships, or reorganizations noted in the past 1-2 years. PHX continues to prioritize operational excellence and fleet modernization without significant structural changes, positioning it to capitalize on sustained North American energy sector activity.
PHX Energy Services Corp. Announces Quarterly Dividend
PHX Energy Announces a Special Dividend and Record Fourth Quarter and Annual Revenue Supported by Strong RSS Activity
PHX Energy Services: Strong Cash Flows Fully Cover Generous Dividends
PHX Energy Announces Third Quarter Results & 2026 Capital Expenditure Budget
PHX Energy Receives TSX Approval for Renewal of Normal Course Issuer Bid
PHX Energy Announces Second Quarter Results and Record Second Quarter Revenue
PHX Energy Services: Raking In Dividends While Waiting For Share Price Appreciation
PHX Energy Services Corp. Announces Quarterly Dividend
John M. Hooks Decreases Ownership of PHX Energy Services Corp. Below 10%
PHX Energy Announces Annual Meeting Voting Results for Election of Directors
PHX Energy Announces All-Time Record Revenue, and Strong Profitability
PHX Energy Services Corp. Announces Quarterly Dividend
PHX Energy Announces All-Time Record Fourth Quarter and Annual Revenue and Strong Financial Results
PHX Energy Announces Leadership Succession
PHX Energy Services Corp. Announces Quarterly Dividend
PHX Energy Announces Third Quarter Results and Preliminary 2025 Capital Expenditures Program
PHX Energy Services Corp. Announces Quarterly Dividend and is Recognized as TSX30™ 2024 Winner
PHX Energy Receives TSX Approval for Renewal of Normal Course Issuer Bid
PHX Energy Announces Solid Second Quarter Results
CEO's Ownership of PHX Energy Services Corp. Increases Above 10%