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← CockpitCompetitor Analysis › PHX.TO PHX Energy Services Corp.Open in the cockpit ↗

PHX Energy Services Corp.PHX.TOCompetitor analysis, valuation and peers

Canada · CAD·Energy›Contract Drilling
Momentum weak 29
Mkt cap
$342M
US dollars, full cap
Free float
91%
of shares outstanding
$/day
$1.84M
20-day average traded
Fwd P/E
8.9×
forward earnings
ROIC−WACC
-3.4 pp
WACC 10.3%
Hurdle
n/a
no reverse DCF
Next earnings
116 days
2 Mar 2027
Close · CADC$10.46
1D+1.9%
1W-23.7%
1M-14.6%
3M-10.7%
6M-9.2%
YTD+39.5%
1Y+46.7%
ATR %5.3%
52w lowhigh26.2% off high

What PHX Energy Services does

Employees: 971

PHX Energy Services at a glance

Size PHX Energy Services (PHX.TO) is a Canada Energy company (Contract Drilling) with a market value of $342M, the 402nd largest of 420 Canada companies the cockpit tracks. Shares closed at C$10.46 on 6 Nov 2026.

Performance Over six months the shares fell 9.2%, against -14.8% for the median peer and +5.2% for the Canada market (cap-weighted) — 5th highest of 9 in its peer set.

Growth Revenue grew 6.6% over the last twelve months (peer median +6.7%); the operating margin is 3.7% (peer median 14.5%).

Valuation It trades at 8.9× forward earnings against a peer median of 15.2× (2nd cheapest of 7).

Capital Return on invested capital runs 3.4 points below its cost of capital (10.3% WACC).

Next results Next results expected around 2 Mar 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026PHX.TO 94Peer median 82
Six months, rebased to 100: PHX Energy Services against the median of its 8 peers (local-currency closes).

PHX Energy Services financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$751MC$710MC$660MC$656MC$536M
Revenue growth—+8%+1%+23%—
Gross profitC$111MC$111MC$124MC$150MC$110M
EBITDAC$100MC$101MC$99.5MC$118MC$72.4M
Net incomeC$48.0MC$54.7MC$54.6MC$98.6MC$43.8M
Free cash flow-C$12.7MC$863,000C$13.6MC$31.8M-C$36.4M
Capital expenditureC$79.3MC$77.0MC$85.5MC$65.6MC$74.8M
Total debtC$87.4MC$66.9MC$52.2MC$44.8MC$62.4M

Quarterly statements and history in the cockpit →

PHX Energy Services competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-20%0%AKASTVTURAESIENHMDIBORRNBRPDPHX.TO6-month return →1-month return →
Up and to the right = strong over both horizons. PHX Energy Services is the large dot.

Fundamentals: revenue growth against valuation

0%+25%+50%+75%10×20×30×AKASTESIENHMDINBRPDPHX.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. PHX Energy Services is the large dot.

PHX Energy Services competitors and peer comparison

How PHX Energy Services compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

PHX Energy Services against its 8 peers (data as of 6 Nov 2026)
MeasurePHX.TOPeer medianRank in peer set
1-month return-14.6%-1.3%3rd lowest of 9
6-month return-9.2%-14.8%5th highest of 9
Distance from 52-week high-26.2%-27.0%5th highest of 9
Revenue growth (TTM)+6.6%+6.7%5th highest of 9
Operating margin3.7%14.5%2nd lowest of 9
Forward P/E8.9×15.2×2nd cheapest of 7
ROIC minus cost of capital-3.4 pp-2.5 pp5th highest of 9
EV / EBITDA5.5×6.8×5th cheapest of 9
Net debt / EBITDA0.7×0.9×5th least indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
PHX Energy Services PHX.TOCanada$342M-9%+7%4%8.9×n/an/a
Akastor AKAST.OLNorway$316M-31%+67%34%9.9×n/an/a
Ventura Offshore VTURA.OLNorway$371M+3%-2%34%n/a3.6%-2.5%
Ensign Energy Services ESI.TOCanada$517M+6%-1%1%34.7×41.1%+11.8%
Sed Energy ENH.OLNorway$520M-25%+91%36%5.7×-10.9%+38.2%
Major Drilling Group International MDI.TOCanada$893M-5%+23%6%23.1×21.7%+15.5%
Borr Drilling BORRUnited States$1,000M-45%+3%21%n/an/an/a
Nabors Industries NBRUnited States$1.11B-25%+5%8%19.1×4.0%+8.3%
Precision Drilling PD.TOCanada$1.16B+6%+8%7%11.4×11.6%+14.5%

Questions

Which companies are PHX Energy Services's closest peers?
The cockpit's peer set: Akastor (AKAST.OL), Ventura Offshore (VTURA.OL), Ensign Energy Services (ESI.TO), Sed Energy (ENH.OL), Major Drilling Group International (MDI.TO), Borr Drilling (BORR), Nabors Industries (NBR), Precision Drilling (PD.TO).
Is PHX Energy Services expensive compared with its peers?
On forward p/e it trades at 8.9× against a peer median of 15.2×, 2nd cheapest of 7 in its peer set.
How has PHX Energy Services stock performed?
Over six months to 6 Nov 2026 the shares returned -9.2% against -14.8% for the median peer; over one year +46.7%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.