PHX Energy Services (TSX:PHX) Dividend Payout Ratio : 0.34 (As of Dec. 2023)

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What is PHX Energy Services Dividend Payout Ratio?

PHX Energy Services's dividend payout ratio for the months ended in Dec. 2023 was 0.34.

The historical rank and industry rank for PHX Energy Services's Dividend Payout Ratio or its related term are showing as below:

TSX:PHX' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.44 Med: 0.6 Max: 1.01
Current: 0.44

During the past 13 years, the highest Dividend Payout Ratio of PHX Energy Services was 1.01. The lowest was 0.44. And the median was 0.60.

TSX:PHX's Dividend Payout Ratio is ranked better than
51.55% of 452 companies
in the Oil & Gas industry
Industry Median: 0.45 vs TSX:PHX: 0.44

As of today (2024-05-02), the Dividend Yield % of PHX Energy Services is 7.95%.

During the past 13 years, the highest Trailing Annual Dividend Yield of PHX Energy Services was 24.21%. The lowest was 0.23%. And the median was 5.66%.

PHX Energy Services's Dividends per Share for the months ended in Dec. 2023 was C$0.20.

During the past 12 months, PHX Energy Services's average Dividends Per Share Growth Rate was 62.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 196.20% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of PHX Energy Services was 196.20% per year. The lowest was -24.50% per year. And the median was 15.50% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

PHX Energy Services Dividend Payout Ratio Historical Data

The historical data trend for PHX Energy Services's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PHX Energy Services Dividend Payout Ratio Chart

PHX Energy Services Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

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0.47

0.72

0.47

PHX Energy Services Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio	Get a 7-Day Free Trial															0.61	0.58	0.56	0.42	0.34

Competitive Comparison of PHX Energy Services's Dividend Payout Ratio

For the Oil & Gas Drilling subindustry, PHX Energy Services's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PHX Energy Services's Dividend Payout Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PHX Energy Services's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where PHX Energy Services's Dividend Payout Ratio falls into.

PHX Energy Services Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

PHX Energy Services's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	0.65	/	1.375
	=	0.47

PHX Energy Services's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	0.2	/	0.597
	=	0.34

PHX Energy Services (TSX:PHX) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

PHX Energy Services Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of PHX Energy Services's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

PHX Energy Services (TSX:PHX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PHX Energy Services Corp (TSX:PHX) » Definitions » Dividend Payout Ratio

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PHXHF:USA

Address

250-2nd Street South West, Suite 1400, Calgary, AB, CAN, T2P 0C1

Website

https://www.phxtech.com

PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the us. PHX Energy has developed various new technologies that have positioned the corporation technology in the horizontal and directional drilling services sector in North America. The Corporation also operates in the Middle East regions through an arrangement with National Energy Services Reunited Corp.

Executives