seekingalpha.com · Nov 9, 2025
PHX Energy Services: Strong Cash Flows Fully Cover Generous Dividends
PHX Energy Services Corp. remains attractive for its strong financials, resilience, and generous C$0.20/share quarterly dividend, despite recent share price weakness. Q3 results showed stable revenue but margin pressure, with net profit down 15% year-over-year; free cash flow remains robust and covers dividends. PHX's capital expenditures are manageable, with growth capex largely funded by equipment sales, supporting ongoing investment even in a low oil price environment.

