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

PHX Energy Services Corp. (OTCMKTS:PHXHF) announced a dividend on Saturday, March 22nd, investing.com reports. Stockholders of record on Tuesday, April 1st will be paid a dividend of 0.1391 per share on Tuesday, April 15th. This represents a dividend yield of 8.83%. The ex-dividend date of this dividend is Monday, March 31st.

PHX Energy Services Price Performance

Shares of PHXHF opened at $6.30 on Friday. PHX Energy Services has a 1 year low of $5.83 and a 1 year high of $7.77. The company’s 50 day simple moving average is $6.32 and its 200 day simple moving average is $6.65.

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.