PHX Energy Services Corp. (TSX:PHX)
Canada · Delayed Price · Currency is CAD 12.68
-0.01 (-0.08%)
Nov 3, 2026, 4:00 PM EST
PHX Energy Services Earnings Call Transcripts
Fiscal Year 2026
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Rotary steerable adoption has supported record revenue despite a 30% market contraction, and management expects rig counts to rise in the U.S. and Canada. Capital returns remain a priority alongside equipment investment.
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Directional drilling innovation and proprietary technology have driven rapid growth and high margins, especially in the U.S. market. Shareholder returns are prioritized through dividends and buybacks, while international expansion targets high-value regions needing efficiency gains.