Q1 2025 EPS Estimates for PHX Energy Services Corp. (TSE:PHX) Reduced by Atb Cap Markets

PHX Energy Services Corp. (TSE:PHX) – Stock analysts at Atb Cap Markets lowered their Q1 2025 earnings per share (EPS) estimates for shares of PHX Energy Services in a research note issued to investors on Wednesday, May 8th. Atb Cap Markets analyst T. Monachello now anticipates that the company will earn $0.34 per share for the quarter, down from their prior estimate of $0.35. The consensus estimate for PHX Energy Services’ current full-year earnings is $1.29 per share. Atb Cap Markets also issued estimates for PHX Energy Services’ Q2 2025 earnings at $0.31 EPS, Q3 2025 earnings at $0.44 EPS, FY2025 earnings at $1.55 EPS and FY2026 earnings at $1.79 EPS.

PHX Energy Services (TSE:PHX) last issued its earnings results on Tuesday, February 27th. The company reported C$0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.40 by C$0.28. PHX Energy Services had a net margin of 15.02% and a return on equity of 50.97%. The business had revenue of C$165.33 million during the quarter, compared to analysts’ expectations of C$158.50 million.

A number of other equities research analysts have also recently commented on the stock. Stifel Nicolaus reduced their target price on shares of PHX Energy Services from C$12.50 to C$11.50 and set a “buy” rating for the company in a report on Wednesday, January 10th. ATB Capital upped their price objective on PHX Energy Services from C$11.00 to C$12.00 and gave the company an “outperform” rating in a research note on Monday, February 5th. Finally, BMO Capital Markets lowered their target price on PHX Energy Services from C$11.50 to C$11.00 in a research note on Wednesday, February 28th.

PHX Energy Services Trading Down 1.9 %

PHX opened at C$8.75 on Thursday. The firm has a market cap of C$415.54 million, a price-to-earnings ratio of 4.46 and a beta of 2.37. PHX Energy Services has a 52 week low of C$5.58 and a 52 week high of C$9.78. The business’s 50 day moving average is C$9.12 and its two-hundred day moving average is C$8.75. The company has a quick ratio of 1.25, a current ratio of 1.83 and a debt-to-equity ratio of 21.32.

Insiders Place Their Bets

In related news, Senior Officer Jeffery John Shafer sold 18,300 shares of PHX Energy Services stock in a transaction on Monday, March 18th. The stock was sold at an average price of C$2.74, for a total transaction of C$50,142.00. In other news, Senior Officer Jeffery John Shafer sold 18,300 shares of the stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of C$2.74, for a total value of C$50,142.00. Also, Senior Officer Michael Leslie Buker sold 10,500 shares of the company’s stock in a transaction that occurred on Thursday, March 14th. The shares were sold at an average price of C$8.88, for a total value of C$93,240.00. Over the last three months, insiders have sold 139,200 shares of company stock worth $1,162,762. 11.86% of the stock is owned by company insiders.

PHX Energy Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Thursday, March 28th were issued a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 9.14%. The ex-dividend date of this dividend was Wednesday, March 27th. PHX Energy Services’s dividend payout ratio is currently 40.82%.

About PHX Energy Services

PHX Energy Services Corp. provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally. It offers Atlas motors; Velocity Real-Time Systems that provide downhole guidance systems; Echo system; PowerDrive Orbit RSS, a rotary steerable system; performance drilling motors; P-360 Positive Pulse MWD System, a measurement while drilling (MWD) tool; and E-360 EM MWD System, a MWD tool that transmits electric signals through geological formations.