PHX Energy Services Corp. Confirms Latest Dividend Announcement
PHX Energy Services Corp. Declares Quarterly Cash Dividend
PHX Energy Services Corp. is thrilled to share a significant update regarding its financial strategy. The company's Board of Directors has officially declared a quarterly cash dividend of $0.20 per common share, further establishing its commitment to shareholder value. This dividend is recognized as an eligible dividend under Canadian tax regulations, offering a solid return to the shareholders invested in the company. The payout is meticulously scheduled for January 15, and it will benefit shareholders registered by the end of December.
Understanding PHX Energy Services Corp.
Founded on progressive principles, PHX Energy is dedicated to delivering exceptional oil and natural gas services. As a public entity, the company focuses not just on services, but also on innovations within the industry. Its directional drilling subsidiary is pivotal in providing both horizontal and directional drilling services, primarily catering to oil and natural gas exploration firms across North America.
Innovative Solutions and Technologies
PHX Energy stands out for its emphasis on engineering and technological advancements. The company isn't only a service provider but also a pioneer in developing leading-edge technologies that enhance drilling efficiency. Their ongoing commitment to innovation places PHX Energy in a favorable position within the highly competitive sector of oil and natural gas services.
Market Presence and Trading Information
Investors interested in PHX Energy can find its common shares traded on the Toronto Stock Exchange under the ticker symbol 'PHX'. This trading status reflects the company's robust market presence and operational strength in the energy sector.
Contact Information for Stakeholders
For those seeking more information or clarifications regarding the recent dividend announcement or general company inquiries, PHX Energy Services Corp. is accessible through its executive team. John Hooks, the Chief Executive Officer, and Cameron Ritchie, Senior Vice President of Finance, are both available for direct communication. Interested parties can reach them at (403) 543-4466 for any questions or additional information related to the company.
Looking Ahead for PHX Energy
With the announcement of the quarterly dividend, PHX Energy Services Corp. aims not only to reward its shareholders but also to position itself for continued growth in the oil and gas sector. The commitment to innovation, combined with its solid market strategies, sets the stage for future success and stability. The company's potential posturing in the evolving energy landscape indicates a promising forecast, integrating technological advancement with operational excellence.
Frequently Asked Questions
What is the declared dividend for PHX Energy Services Corp.?
The declared dividend is $0.20 per common share.
When will the dividend be paid?
The dividend is scheduled to be paid on January 15, 2025.
Who is the CEO of PHX Energy Services Corp.?
The CEO of PHX Energy Services Corp. is John Hooks.
On which stock exchange does PHX Energy trade?
PHX Energy's shares are traded on the Toronto Stock Exchange under the ticker symbol 'PHX'.
How can I contact PHX Energy for more information?
You can contact PHX Energy Services Corp. at (403) 543-4466 for inquiries related to the company.
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