About PHX Energy Services Corp

PHX Energy Services Corp. engages in the provision of horizontal and directional technology and drilling services. The firm also offers electronic drilling recorder technology and services. It operates through the following geographical segments: Canada, United States, and International. The company was founded in 1995 and is headquartered in Calgary, Canada.

Founding and Start-up

Growth

Phoenix Technology Services has transitioned from a startup to a well-established enterprise in the drilling services industry. With over 20 years of experience, the company has expanded its operations internationally, demonstrating strong growth and market penetration. They continue to innovate and develop cutting-edge technologies to maintain their competitive edge.

Achievements

Phoenix Technology Services has achieved significant milestones since its inception in 1995. The company has become one of the largest horizontal and directional drilling service providers in the industry. Their presence on the Toronto Stock Exchange (TSX: PHX) reflects their financial stability and market recognition. Phoenix has successfully reduced costs, minimized operating risks, and optimized operational efficiencies while expanding their presence in Canada, the US, and Albania.

Case Studies

Phoenix Technology Services has been involved in numerous notable projects that have had a significant impact on the drilling sector. Their gyro surveying services have enabled customers to achieve substantial cost savings and improve the accuracy of wellbore placement. Through a systematic approach to reliability, quality, and safety, Phoenix has set high standards in the industry, reinforcing their reputation as a leading drilling service provider.

Socials

company logo
Founded

-

Operating Status

Active

Industry

Companies on the Energy Service

headquarters
Address

215 9th Avenue SW Suite 1600 Calgary Alberta T2P 1K3 Canada...

Country

Canada

Employees

920

Key People

Terry D. Freeman (Independent Director)

Lawrence M. Hibbard (Independent Director)

Cameron Michael Ritchie (Chief Financial Officer, Secretary & SVP-Finance)

Craig Brown (Senior Vice President-Engineering & Technology)

Revenue

656.34 M

Operating Income

Stock Price

$9.41

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company logo

About PHX Energy Services Corp

PHX Energy Services Corp. engages in the provision of horizontal and directional technology and drilling services. The firm also offers electronic drilling recorder technology and services. It operates through the following geographical segments: Canada, United States, and International. The company was founded in 1995 and is headquartered in Calgary, Canada.

Founding and Start-up

Growth

...