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PHX Energy Q2 Earnings Beat Estimates as Revenue Rises 7%

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PHX Energy Services (PHX.TO) reported second-quarter earnings of C$0.21 per share, or C$10.97 million, compared with C$0.17 per share, or C$8.52 million, in the prior-year period. The results topped FactSet analysts' estimate of C$0.18 per share.

For the three months ended June 30, 2026, revenue rose 7% to C$178.9 million from C$167.7 million in the second quarter of 2025.

In its outlook, PHX said North American industry activity is showing an uptick in the third quarter, supported by strengthening commodity prices.

Company's shares closed up C$0.28 to C$10.92 on Toronto stock Exchange on Tuesday.

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