Atb Cap Markets Issues Positive Outlook for TSE:PHX Earnings

PHX Energy Services Corp. (TSE:PHX) – Stock analysts at Atb Cap Markets increased their Q2 2025 EPS estimates for PHX Energy Services in a research report issued on Tuesday, May 6th. Atb Cap Markets analyst T. Monachello now expects that the company will earn $0.27 per share for the quarter, up from their previous estimate of $0.24. The consensus estimate for PHX Energy Services’ current full-year earnings is $1.24 per share. Atb Cap Markets also issued estimates for PHX Energy Services’ FY2025 earnings at $1.31 EPS, Q3 2026 earnings at $0.31 EPS and Q4 2026 earnings at $0.28 EPS.

Separately, ATB Capital cut their price target on shares of PHX Energy Services from C$12.00 to C$11.50 and set an “outperform” rating on the stock in a report on Monday, May 5th.

PHX Energy Services Stock Up 0.9 %

Shares of PHX Energy Services stock opened at C$7.87 on Friday. PHX Energy Services has a 52-week low of C$6.64 and a 52-week high of C$10.70. The firm’s 50 day moving average price is C$8.20 and its 200-day moving average price is C$8.98. The company has a quick ratio of 1.25, a current ratio of 1.67 and a debt-to-equity ratio of 25.99. The company has a market cap of C$358.95 million, a P/E ratio of 4.94 and a beta of 2.32.

PHX Energy Services Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were paid a dividend of $0.20 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 10.17%. PHX Energy Services’s payout ratio is 50.27%.

PHX Energy Services Company Profile

PHX Energy Services Corp is a Canadian service provider company. It is principally engaged in providing horizontal and directional drilling services, as well as web-based remote electronic drilling recorder technology and services, to oil and natural gas exploration and development companies in Canada, United States, Albania, and Russia.