Phoenix Energy Services

PHX-T

Analysis and Opinions about PHX-T

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
March 24, 2016

(A Top Pick April 16/15. Down 70.71%.) Sold his holdings. It was a difficult story. As a supplier to the oil/gas industry, they really got squeezed.

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(A Top Pick April 16/15. Down 70.71%.) Sold his holdings. It was a difficult story. As a supplier to the oil/gas industry, they really got squeezed.

PAST TOP PICK
PAST TOP PICK
March 11, 2016

(A Top Pick March 4/15. Down 67.75%.) Last year was horrific for energy. He was being very defensive, and this one had the ability to stay solvent. He got stopped out. It looks like it is probably time now, from a cost-benefit, that you could really get some leverage buying one of the service companies with a 1-2 year outlook.

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(A Top Pick March 4/15. Down 67.75%.) Last year was horrific for energy. He was being very defensive, and this one had the ability to stay solvent. He got stopped out. It looks like it is probably time now, from a cost-benefit, that you could really get some leverage buying one of the service companies with a 1-2 year outlook.

TOP PICK
TOP PICK
April 16, 2015

A horizontal drilling company. Have some great technology for the drilling side, which is really their key business. Trades at 18X earnings and pays a yield of 5.35%. Their technology allows them to get data back to the main place where they can analyse and see where the drilling is all going. Management is doing all the right things.

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A horizontal drilling company. Have some great technology for the drilling side, which is really their key business. Trades at 18X earnings and pays a yield of 5.35%. Their technology allows them to get data back to the main place where they can analyse and see where the drilling is all going. Management is doing all the right things.

TOP PICK
TOP PICK
March 12, 2015

An oil/gas servicing company. A drilling company with a technology bent. They have technology that goes into a drill bit which allows them to send data back, giving live data constantly. They cut their dividend and brought down their debt. Dividend yield of 12%.

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An oil/gas servicing company. A drilling company with a technology bent. They have technology that goes into a drill bit which allows them to send data back, giving live data constantly. They cut their dividend and brought down their debt. Dividend yield of 12%.

TOP PICK
TOP PICK
March 4, 2015

A high quality company that has been beaten up but has low fixed costs and high variable costs, so they can get through this and come out the other side. Directional driller. The problem is with the oil price and efficiencies in drilling on shale, he might like the oil price to come back to $80, but what if it is $65-$70. The one thing he can figure on is that wells are going to get drilled, so you will need drilling at some point.

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A high quality company that has been beaten up but has low fixed costs and high variable costs, so they can get through this and come out the other side. Directional driller. The problem is with the oil price and efficiencies in drilling on shale, he might like the oil price to come back to $80, but what if it is $65-$70. The one thing he can figure on is that wells are going to get drilled, so you will need drilling at some point.

PAST TOP PICK
PAST TOP PICK
October 23, 2014

(Top Pick Nov 19/13, Up 4.37%) It got very expensive so he sold it in the spring. Part of their growth strategy was in Russia. If it got under $10, he would consider going back in.

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(Top Pick Nov 19/13, Up 4.37%) It got very expensive so he sold it in the spring. Part of their growth strategy was in Russia. If it got under $10, he would consider going back in.

COMMENT
COMMENT
June 25, 2014

Directional drilling is very interesting because we are going more towards pad drilling. However, you have to think about the placement of those vertical sections of the horizontal wells, which have to be distinct from each other. Valuation on this company seems to be reasonably okay. He tends to like this company. Dividend yield of over 5%.

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Directional drilling is very interesting because we are going more towards pad drilling. However, you have to think about the placement of those vertical sections of the horizontal wells, which have to be distinct from each other. Valuation on this company seems to be reasonably okay. He tends to like this company. Dividend yield of over 5%.

BUY
BUY
January 27, 2014

It does its own a thing within its own industry. Almost 7% yield. They distributed about $25 million in dividends but make $50 million soon to become $70-80 million. He thinks commodity prices are low because people are drilling like crazy. This will do well if the industry stabilizes.

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It does its own a thing within its own industry. Almost 7% yield. They distributed about $25 million in dividends but make $50 million soon to become $70-80 million. He thinks commodity prices are low because people are drilling like crazy. This will do well if the industry stabilizes.

TOP PICK
TOP PICK
November 19, 2013

(Top Pick Nov 5/12, Up 50.80%) You have to run with the stocks that are doing what you want them to do. These guys have a very good team. The stock is not expensive yet. Has known the company for 15 years.

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(Top Pick Nov 5/12, Up 50.80%) You have to run with the stocks that are doing what you want them to do. These guys have a very good team. The stock is not expensive yet. Has known the company for 15 years.

TOP PICK
TOP PICK
November 5, 2012

8% distribution. It can still get beaten up from here and maintain its distribution. He was looking for something that can survive.

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8% distribution. It can still get beaten up from here and maintain its distribution. He was looking for something that can survive.

DON'T BUY
DON'T BUY
October 12, 2012

8.5% yield. He advises not to buy based just on yield. He does not have fundamentals, but it is forming a strong base, which is positive. It formed a rally and then dropped back down again. This is not good and it means the rally fizzled. If you are going to buy it, use $8 as an entry level and then maybe on more positive news it will pop back up.

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8.5% yield. He advises not to buy based just on yield. He does not have fundamentals, but it is forming a strong base, which is positive. It formed a rally and then dropped back down again. This is not good and it means the rally fizzled. If you are going to buy it, use $8 as an entry level and then maybe on more positive news it will pop back up.

HOLD
HOLD
March 23, 2012
(Market Call Minute) Just initiated a dividend but it goes sideway from here.
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(Market Call Minute) Just initiated a dividend but it goes sideway from here.
DON'T BUY
DON'T BUY
October 17, 2011
Likes the technology and what they're doing but they have a tendency to have 3 good quarters in a row and then one bad one. He has been burned twice by them.
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Likes the technology and what they're doing but they have a tendency to have 3 good quarters in a row and then one bad one. He has been burned twice by them.
PAST TOP PICK
PAST TOP PICK
January 24, 2011
(A Top Pick Feb 2/10. Up 72.48%.) Sold when the valuation got extended.
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(A Top Pick Feb 2/10. Up 72.48%.) Sold when the valuation got extended.
PAST TOP PICK
PAST TOP PICK
December 16, 2010
(A Top Pick Dec 21/09. Up 62.14%.) Low fixed costs and high variable costs so in the worst month of drilling they can still make money. Sold it after first run up but when it came off, it wasn’t enough to get him excited. Not enthusiastic now but in 5 years it will be a key Cdn oil service business.
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(A Top Pick Dec 21/09. Up 62.14%.) Low fixed costs and high variable costs so in the worst month of drilling they can still make money. Sold it after first run up but when it came off, it wasn’t enough to get him excited. Not enthusiastic now but in 5 years it will be a key Cdn oil service business.
Showing 1 to 15 of 37 entries

Phoenix Energy Services(PHX-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Phoenix Energy Services is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Phoenix Energy Services(PHX-T) Frequently Asked Questions

What is Phoenix Energy Services stock symbol?

Phoenix Energy Services is a Canadian stock, trading under the symbol PHX-T on the Toronto Stock Exchange (PHX-CT). It is usually referred to as TSX:PHX or PHX-T

Is Phoenix Energy Services a buy or a sell?

In the last year, there was no coverage of Phoenix Energy Services published on Stockchase.

Is Phoenix Energy Services a good investment or a top pick?

Phoenix Energy Services was recommended as a Top Pick by Paul Harris, CFA on 2016-03-24. Read the latest stock experts ratings for Phoenix Energy Services.

Why is Phoenix Energy Services stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Phoenix Energy Services worth watching?

0 stock analysts on Stockchase covered Phoenix Energy Services In the last year. It is a trending stock that is worth watching.

What is Phoenix Energy Services stock price?

On 2020-10-22, Phoenix Energy Services (PHX-T) stock closed at a price of $1.47.