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PHX Energy Services Corp (PHXHF) is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada, the United States, Albania, and the Middle East regions. 

PHX Energy has developed various new technologies that have positioned the corporation's technology in the horizontal and directional drilling services sector in North America.

Geographically, the company generates the majority of its revenue from the United States.

In addition, it offers directional drilling and motor rentals, survey management, and Gyro surveying services.

The company was formerly known as Phoenix Technology Income Fund and changed its name to PHX Energy Services Corp.

PHX Energy Services Corp. was founded in 1995 and is headquartered in Calgary, Canada.

Three key data points gauge PHX Energy Services or any dividend paying firm.

The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.
 

PHXHF Price

PHX Energy’s share price dropped about 14.2% in the past year from $6.91 to $5.93 as of Monday’s market close.

In the past 3 years, the company’s share price has ranged from $3.30 to $7.76. By the way PHX’s all-time high price of $16.34 was reached February 16, 2011.

Should the company conform to the average one year price gains per the past 9 years, share price could grow $0.67 to $6.60 in the next year.
 

PHXHF Dividend

PHX Energy Services has paid variable quarterly dividends since February 15th 2011. The company’s most recent Q dividend was declared December 13th for shareholders of record prior to December 31, and the payout was made January 15th. A forward-looking annual dividend of $0.56 yields 9.4% per Monday’s closing price.
 

PHXHF Returns

Putting it all together, a $1.23 estimated gross gain per share shows up by adding PHS Energy’s annual $0.56 dividend to the estimated $0.67 annual price gain, totaling that $1.23 gross amount.

A little over $1000 buys 169 shares at Friday’s $5.93 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.06 per share out of the $1.23 gross-gain to give us a $1.17 net amount per share to multiply by 169 shares, to equal $197.73 for over a 19.7% estimated net gain on the year.

Furthermore, the $94.00 annual dividend income from $1k invested in PHX is near 16 times greater than the single-share price. By these numbers, PHX Energy Services Corp could be an ideal dividend dog.

Therefore, you may choose to pounce on PHXHF as a 30 year-old quarterly dividend-paying energy services company with a 14 year dividend record.

The exact track of PHX Energy Services’ future price and dividend will entirely be determined by market action and company finances.    

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

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