PHX Energy Services Corp. to Issue Dividend of $0.14 (OTCMKTS:PHXHF)

PHX Energy Services Corp. (OTCMKTS:PHXHF) declared a dividend on Tuesday, December 24th,investing.com reports. Investors of record on Wednesday, January 1st will be paid a dividend of 0.141 per share on Wednesday, January 15th. This represents a yield of 8.91%. The ex-dividend date is Tuesday, December 31st.

PHX Energy Services Price Performance

Shares of OTCMKTS:PHXHF opened at $6.40 on Wednesday. The company’s 50 day simple moving average is $6.81 and its 200 day simple moving average is $6.96. PHX Energy Services has a 1 year low of $5.96 and a 1 year high of $7.77.

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.