Toronto Stock Exchange · Energy
Invest in PHX Energy Services stock from India
Indian and foreign residents can buy PHX Energy Services (PHX) shares directly through Paasa.
By Paasa · Updated
PHX Energy Services at a glance
- Price
- CA$12.07-CA$0.04 (0.33%)
- Market cap
- CA$551.11M
- Day range
- CA$11.95 – CA$12.10
- P/E
- 11.83
- Dividend yield
- 8.29%
- Volume
- 59.68K
- 1 month
- -5.11%
- 6 months
- -11.45%
- YTD
- +60.93%
- 1 year
- +51.44%
- 5 years
- +155.72%
PHX Energy Services statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | CA$709.6M | CA$659.7M | CA$656.3M | CA$535.7M | CA$349.9M |
| Gross profit | CA$111.0M | CA$124.5M | CA$150.1M | CA$109.6M | CA$71.7M |
| Operating income | CA$39.5M | CA$50.9M | CA$76.0M | CA$37.5M | CA$21.0M |
| Net income | CA$54.7M | CA$54.6M | CA$98.6M | CA$44.3M | CA$22.7M |
| Earnings per share | CA$1.21 | CA$1.17 | CA$1.98 | CA$0.88 | CA$0.46 |
| EBITDA | CA$101.3M | CA$123.0M | CA$150.1M | CA$72.9M | CA$58.2M |
| Total assets | CA$443.2M | CA$423.3M | CA$385.5M | CA$375.2M | CA$262.5M |
| Total debt | CA$66.9M | CA$52.2M | CA$44.8M | CA$62.4M | CA$35.9M |
| Cash and short-term investments | CA$29.1M | CA$14.2M | CA$16.4M | CA$18.2M | CA$24.8M |
| Shareholders' equity | CA$229.0M | CA$222.2M | CA$210.0M | CA$176.9M | CA$134.4M |
| Operating cash flow | CA$73.2M | CA$96.9M | CA$96.7M | CA$37.1M | CA$45.4M |
| Free cash flow | CA$863.0K | CA$11.4M | CA$31.1M | −CA$37.7M | CA$8.3M |
| Capital expenditure | −CA$72.3M | −CA$85.5M | −CA$65.6M | −CA$74.8M | −CA$37.2M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in CAD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Calfrac Well Services | CFW.TO | CA$6.86 | CA$688.87M |
| Ensign Energy Services | ESI.TO | CA$3.55 | CA$654.45M |
| Frontera Energy | FEC.TO | CA$8.37 | CA$583.21M |
| InPlay Oil | IPO.TO | CA$16.65 | CA$466.31M |
| STEP Energy Services | STEP.TO | CA$5.49 | CA$400.15M |
| Rubellite Energy | RBY.TO | CA$4.14 | CA$387.50M |
| Alvopetro Energy | ALV.V | CA$9.93 | CA$368.15M |
| Journey Energy | JOY.TO | CA$5.24 | CA$353.60M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in PHX Energy Services from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to CAD when you buy.
Step 3
Search PHX and buy
Find PHX Energy Services by name or by its ticker, PHX, and place your order.
Why invest in PHX Energy Services from India
What PHX Energy Services does
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, 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 e… PHX Energy Services operates in the Oil & Gas Drilling industry within the Energy sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy PHX Energy Services stock from India?
Yes. Indian residents and NRIs can buy PHX Energy Services (PHX) shares directly through Paasa. PHX Energy Services is listed on the Toronto Stock Exchange, in the Oil & Gas Drilling industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
What tax do I pay in India when I sell PHX Energy Services shares?
In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the CAD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.