PHX Energy Services Corp.
PHX Energy Services Corp. (TSX: PHX) is trading at CA$11.98, about ₹815 at today's CAD/INR rate, as of 25 Sep 2026, 1:40 PM ET, down 1.11% today. Indian residents can buy PHX Energy Services from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
CA$11.95
Today's high
CA$12.10
52 week low
CA$6.87
52 week high
CA$14.17
PHX opened at CA$12.10, closed previously at CA$12.11, and has traded between CA$6.87 and CA$14.17 over the past 52 weeks.
About
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 electric signals through geological formations. The company provides 360 CV MWD System, a clear vision tool, which surveys inclination and gamma in real-time closer to the bit; 360 RWD System, a resistivity while drilling sub; and North Seeking Gyro that offers real-time QA/QC checks downhole. In addition, it offers survey management and gyro surveying services. The company was formerly known as Phoenix Technology Income Fund and changed its name to PHX Energy Services Corp. PHX Energy Services Corp. was founded in 1995 and is headquartered in Calgary, Canada.
Key statistics
Avg. volume
125.35K
Market cap
CA$546.77M
P/E Ratio
11.74
Price-to-sales ratio
0.77
Enterprise value
CA$620.45M
Free cash flow yield
-1.04%
Debt-to-equity ratio
0.41
Return on equity
20.25%
ROIC
5.50%
Beta
1.46
Dividend yield
8.35%
Last dividend
CA$1.00
Financial overview
Revenue
CA$709.60M
Earnings per share
CA$1.21
Free cash flow
CA$863.00K
Net profit margin
6.46%
Gross margin
14.07%
EBITDA
CA$101.27M
Revenue growth
7.57%
Similar securities
This is not an investment recommendation
How to buy PHX Energy Services from India
Indian residents can buy PHX Energy Services shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to CAD.
Search for PHX Energy Services and place an order
Find PHX Energy Services by name or by its ticker, PHX, and choose an order type. PHX Energy Services trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your PHX Energy Services position in CAD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in PHX Energy Services from India
Trading and taxes when buying PHX Energy Services from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. PHX Energy Services’ current yield is 8.35%.Dividend tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy PHX Energy Services stock?
Yes. PHX Energy Services (PHX) has been listed on the Toronto Stock Exchange since 2002, in the Oil & Gas Drilling industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to CAD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one PHX Energy Services share cost in rupees?
One PHX Energy Services share is CA$11.98 — about ₹815 at a CAD/INR rate of 68.10 on 24 Sep 2026. Both the PHX Energy Services price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying PHX Energy Services from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on PHX Energy Services shares taxed in India?
Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the CAD/INR rate on the purchase and the sale date, so the rupee move counts alongside the PHX Energy Services price. Paasa issues a capital-gains statement for your return.
Does PHX Energy Services pay a dividend, and how is it taxed in India?
Yes. PHX Energy Services pays a dividend and the current yield is 8.35%; the last declared dividend was CA$1.00 per share, about ₹68.10. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade PHX Energy Services from India?
The Toronto Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when Canada is on standard time. Orders can only execute during that window.
Do I have to declare PHX Energy Services shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your PHX Energy Services holding, its cost and its closing value.
How do I sell PHX Energy Services and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in CAD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.
Does the rupee rate affect what I make on PHX Energy Services?
Yes. PHX Energy Services is priced in CAD, so your rupee outcome combines the CAD move with the CAD/INR move between the day you remit and the day you convert back. Both directions are reflected in the capital-gains statement Paasa issues.