Analyst Price Target is $2.75
▼ -58.49% Downside Potential
This price target is based on 0 analysts offering 12 month price targets for PHX Energy Services in the last 3 months. The average price target is $2.75, with a high forecast of $3.25 and a low forecast of $2.25. The average price target represents a -58.49% upside from the last price of $6.63.
Current Consensus is
N/A
The current consensus among 0 contributing investment analysts is to n/a stock in PHX Energy Services. This N/A consensus rating has held steady for over two years.
PHX Energy Services Corp. provides horizontal and directional drilling services, rents performance drilling motors, and sells motor equipment and parts to oil and natural gas exploration and development companies in Canada, the United States, Albania, the Middle East regions, and internationally. It offers Atlas motors; Velocity Real-Time Systems that provide downhole guidance systems; Echo system; PowerDrive Orbit RSS, a rotary steerable system; performance drilling motors; P-360 Positive Pulse MWD System, a measurement while drilling (MWD) tool; and E-360 EM MWD System, a MWD tool that transmits electric signals through geological formations. The company also provides 360 CV MWD System, a clear vision tool, which surveys inclination and gamma in real-time closer to the bit; 360 RWD System, a resistivity while drilling sub; and North Seeking Gyro that offers real-time QA/QC checks downhole. In addition, it offers directional drilling and motor rentals, survey management, and Gyro surveying services. The company was formerly known as Phoenix Technology Income Fund and changed its name to PHX Energy Services Corp. PHX Energy Services Corp. was founded in 1995 and is headquartered in Calgary, Canada.
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