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

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

PHX Energy Services Stock Performance

TSE:PHX remained flat at C$9.17 during trading hours on Friday. 36,023 shares of the company’s stock traded hands, compared to its average volume of 55,513. The firm has a 50 day moving average price of C$9.06 and a 200 day moving average price of C$9.35. The stock has a market cap of C$418.24 million, a P/E ratio of 5.76 and a beta of 2.32. PHX Energy Services has a 1 year low of C$8.40 and a 1 year 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.

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.