PHX Energy Services Corp
About
PHX Energy Services Corp. engages in the provision of horizontal and directional technology and drilling services. The firm also offers electronic drilling recorder technology and services. It operates through the following geographical segments: Canada, United States, and International. The company was founded in 1995 and is headquartered in Calgary, Canada.
Growth
Phoenix Technology Services has transitioned from a startup to a well-established enterprise in the drilling services industry. With over 20 years of experience, the company has expanded its operations internationally, demonstrating strong growth and market penetration. They continue to innovate and develop cutting-edge technologies to maintain their competitive edge.
Achievements
Phoenix Technology Services has achieved significant milestones since its inception in 1995. The company has become one of the largest horizontal and directional drilling service providers in the industry. Their presence on the Toronto Stock Exchange (TSX: PHX) reflects their financial stability and market recognition. Phoenix has successfully reduced costs, minimized operating risks, and optimized operational efficiencies while expanding their presence in Canada, the US, and Albania.
Case Studies
Phoenix Technology Services has been involved in numerous notable projects that have had a significant impact on the drilling sector. Their gyro surveying services have enabled customers to achieve substantial cost savings and improve the accuracy of wellbore placement. Through a systematic approach to reliability, quality, and safety, Phoenix has set high standards in the industry, reinforcing their reputation as a leading drilling service provider.
Socials
Website
Founded
-
Operating Status
Active
Industry
Companies on the Energy Service
headquarters
Address
215 9th Avenue SW Suite 1600 Calgary Alberta T2P 1K3 Canada...
Country
Canada
Employees
920
Key People
Terry D. Freeman (Independent Director)
Lawrence M. Hibbard (Independent Director)
Cameron Michael Ritchie (Chief Financial Officer, Secretary & SVP-Finance)
Craig Brown (Senior Vice President-Engineering & Technology)
Revenue
656.34 M
Operating Income
Stock Price
$9.41
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PHX Energy Services Corp
-
Website
-
Founded
-
-
Industry
Companies on the Energy Service
-
Headquarters
-
Address
215 9th Avenue SW Suite 1600 Calgary Alberta T2P 1K3 Canada...
-
Country
Canada
-
Number of employees
920+
-
Revenue
656.34 M
About PHX Energy Services Corp
PHX Energy Services Corp. engages in the provision of horizontal and directional technology and drilling services. The firm also offers electronic drilling recorder technology and services. It operates through the following geographical segments: Canada, United States, and International. The company was founded in 1995 and is headquartered in Calgary, Canada.
Why Setting Up a Virtual Delivery Center (VDC) Is Critical for Your Company’s Success
Achieving business success in today’s competitive landscape requires specialized expertise, seamless operations, and continuous innovation. Establishing a Virtual Delivery Center (VDC) can transform your company’s growth journey by ensuring efficiency, scalability, and long-term value.
Why Choose a VDC for Your Company?
1. Cost Optimization:
Save up to 70% on operational costs by leveraging remote teams and streamlined processes.
2. Expert Access:
Gain instant access to highly skilled professionals, ensuring faster and smoother project execution.
3. Scalable Teams:
Scale your team as business needs evolve, from initial project setup to long-term support.
4. Accelerated Timelines:
Leverage 24/7 global teams to reduce project delays and speed up implementation.
5. Continuous Support:
Ensure uninterrupted business performance with ongoing maintenance and updates.
Unlock Business Success with a VDC By establishing a VDC, your company can overcome operational challenges, achieve seamless system integration, and maximize ROI. Stay ahead in today’s dynamic market with a future-ready business strategy powered by a Virtual Delivery Center. Learn More About Us
Book A Meeting To Setup Your VDC
