PHX Energy Services stock: Analyst target lifts PHX Energy Services stock to CAD 15.50

Published on 10/28/2026 at 06:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For PHX Energy Services stock, second-quarter revenue reached CAD 178.91 million against CAD 173.00 million expected. Results are due November 10, 2026.

Analyst target and earnings date

An analyst target for PHX Energy Services rose to CAD 15.50 on October 26, 2026.
Second-quarter revenue reached CAD 178.91 million against CAD 173.00 million expected.
PHX Energy Services is scheduled to report third-quarter results on November 10, 2026.

PHX, CA69338U1012, Illustration mit AI erstellt.

PHX Energy Services (ISIN CA69338U1012) had an analyst target raised from CAD 15.00 to CAD 15.50 on October 26, 2026, according to The Globe and Mail. The company is due to report its next quarterly results on November 10, 2026.

Target moves above recent price

The revised target stands 16.19 percent above the CAD 13.34 price last recorded for PHX on the Toronto Stock Exchange on October 27, 2026. The comparison uses the same Canadian-dollar basis and does not represent a company forecast.

PHX Energy Services reported CAD 178.91 million in second-quarter revenue for the period ended June 30, 2026, compared with CAD 173.00 million expected. Adjusted earnings per share reached CAD 0.21 against a CAD 0.17 forecast, according to Investing.com.

What does the target imply?

The latest operating comparison is constructive but mixed. Revenue exceeded the second-quarter forecast by CAD 5.91 million, while the company also carried CAD 94.29 million of total debt at June 30, 2026. The balance-sheet figure and quarterly results come from the standardized financial statements for PHX Energy Services.

Three dated steps for investors

On February 24, 2026, PHX Energy Services reported fourth-quarter revenue of CAD 183.89 million and earnings per share of CAD 0.35. On August 4, 2026, second-quarter revenue was CAD 178.91 million and earnings per share were CAD 0.21, according to MarketBeat. On October 26, 2026, the analyst target moved from CAD 15.00 to CAD 15.50.

Next date is November 10

The next substantiated company date is November 10, 2026, when PHX Energy Services is scheduled to release third-quarter results, according to Investing.com. The release will give investors a fresh comparison with the June quarter's CAD 178.91 million revenue and CAD 0.21 earnings per share.

Canadian listing and valuation

PHX Energy Services provides horizontal and directional drilling services and related technology to oil and gas producers. Its Toronto-listed stock had a market capitalization of CAD 610.5 million on October 27, 2026, while its 52-week range was CAD 6.87 to CAD 14.17. The stock therefore stood below its 52-week high on that date.

Its latest available Toronto quotation was CAD 13.34 on October 27, 2026 at 4:00 p.m. ET. The TSX listing, ticker PHX and ISIN are identified by Investing.com. The next results date gives the market a defined near-term event to compare with the revised target.