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

PHX Energy Services Corp. (OTCMKTS:PHXHF) announced a dividend on Tuesday, December 24th,investing.com reports. Shareholders 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 of this dividend is Tuesday, December 31st.

PHX Energy Services Stock Performance

Shares of PHXHF stock opened at $6.40 on Wednesday. The firm has a 50 day moving average price of $6.81 and a two-hundred day moving average price of $6.96. PHX Energy Services has a 12-month low of $5.96 and a 12-month 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.