Is PHX Energy Services (TSX:PHX) Reflecting Industry Momentum On The TSX And S&P/TSX Composite Index (TXCX)?

June 19, 2025 09:05 PM AEST | By Team Kalkine Media

Google News:

Is PHX Energy Services (TSX:PHX) Reflecting Industry Momentum On The TSX And S&P/TSX Composite Index (TXCX)? — Image source: Shutterstock

Recent News

Patricia Corsi Named to Forbes World's Most Influential CMOs for...

Entergy Texas Marks 25 Years of Fan Donations To Help Customers Beat t...

Sustainability Resource Hub: Strategies, Metrics, and Best Practices

Solar Powers a Sustainable Energy Future on Rayonier Land

Highlights:

PHX Energy Services declared a cash dividend scheduled for distribution next month.

The payout maintains consistency with the company’s previous dividend practices.

The firm provides directional drilling services across major North American markets.

PHX Energy Services (TSX:PHX), a provider of directional drilling services within the energy sector, is listed on the TSX and forms part of the S&P/TSX Composite Index (TXCX). The company has declared a dividend, reinforcing its ongoing distribution model amid operations spanning Canadian and U.S. energy markets.

Declared Dividend Details

The company’s upcoming dividend follows a regular payment schedule, with shareholders of record on a defined date eligible for receipt. Distribution will be executed within the following weeks, using electronic and traditional methods in accordance with registration status. The per-share amount aligns with previous declarations.

Operations and Industry Role

Specializing in horizontal and directional drilling technologies, PHX Energy Services delivers performance-based solutions to exploration and production firms. The company offers telemetry, measurement-while-drilling, and motor performance services used in a range of geological environments. These offerings support energy production activities in both conventional and unconventional resource plays.

Geographic Presence and Market Position

The firm’s operations extend across major basins in Canada and the United States. Through its service divisions, PHX Energy Services supports upstream drilling programs with precision instrumentation and high-frequency data solutions. Its market presence spans key production regions, enabling consistent demand for its proprietary systems.

Dividend Processing and Shareholder Information

Dividend payments will be processed according to shareholder registration type. Beneficial owners will receive funds through their brokers, while registered holders will receive direct deposits or cheques. The distribution timeline follows TSX standards for record and payment dates, maintaining a routine financial schedule.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.