PHX Energy Services Corp. (OTCMKTS:PHXHF) Raises Dividend to $0.15 Per Share

PHX Energy Services Corp. (OTCMKTS:PHXHF) announced a dividend on Saturday, September 21st, investing.com reports. Investors of record on Monday, September 30th will be given a dividend of 0.1471 per share on Tuesday, October 15th. This represents a yield of 8.24%. The ex-dividend date of this dividend is Friday, September 27th. This is a positive change from PHX Energy Services’s previous dividend of $0.15.

PHX Energy Services Trading Down 3.5 %

Shares of OTCMKTS PHXHF opened at $6.95 on Thursday. PHX Energy Services has a one year low of $5.19 and a one year high of $7.76. The firm’s 50 day simple moving average is $7.24 and its two-hundred day simple moving average is $6.86.

About PHX Energy Services

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.