PHX Energy Services Corp. to Issue Quarterly Dividend of $0.20 (TSE:PHX)

PHX Energy Services Corp. (TSE:PHX) announced a quarterly dividend on Monday, March 31st, TickerTech Dividends reports. Stockholders of record on Tuesday, April 15th will be given a dividend of 0.20 per share on Tuesday, April 15th. This represents a $0.80 annualized dividend and a dividend yield of 8.72%. The ex-dividend date of this dividend is Monday, March 31st.

PHX Energy Services Stock Performance

Shares of TSE PHX remained flat at C$9.17 during mid-day trading on Friday. The company had a trading volume of 36,023 shares, compared to its average volume of 55,513. The stock’s fifty day moving average price is C$9.06 and its 200 day moving average price is C$9.35. PHX Energy Services has a 52-week low of C$8.40 and a 52-week high of C$10.70. The company has a debt-to-equity ratio of 25.99, a quick ratio of 1.25 and a current ratio of 1.67. The stock has a market cap of C$418.24 million, a price-to-earnings ratio of 5.76 and a beta of 2.32.

About PHX Energy Services

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.