Phx Energy Services Corp. · TSX:PHX
Phx Energy Services — Shareholder Meeting (May 2025)
11 slides from Phx Energy Services's shareholder meeting presentation, May 7, 2025
Slide 1: Annual General Meeting
Annual General Meeting May 7, 2025 Phoenix Technology Services
Slide 2: Forward-Looking Statements
Forward-Looking Statements Some matters discussed in this presentation may be considered to be forward-looking statements. Such statements include declarations regarding management’s intent, belief or current expectations. Prospective investors are cautioned that any such forward-looking statements
Slide 3: PHX Energy - Fun Facts
PHX Energy- Fun Facts Founded PHX in 1995 Directional drilling is the process of steering the well path towards PHX is the largest independent supplier of directional drilling an intended target and doing so in a manner that increases the services in the North American land market overall effici
Slide 4: Technology That Makes Us Tier 1
Technology That Makes Us Tier 1 NXT Collar Enhance drilling performance and reliability Echo Wireless Antenna Enhance drilling performance and reliability Velocity Real-Time System Captures downhole data and send it to surface Atlas Motors Builds angle in the well and power the drilling process Real
Slide 5: Landscape Of The Directional Market
Landscape Of The Directional Market Tier 1: The Place to Be Technology Tier 2 - RSS & Real Time Communications There is now a significant barrier to entry Relationships - Premium Motor to compete in Tier 1 Low price wins work & MWD - Most companies do not have financial resources to Relati
Slide 6: Q1 2025 Results
Q1 2025 Results Three-month periods ended March 31, Years ended December 31, Stated in thousands of dollars except for rig counts and operating days 2024 2023 % Chg 2024 2023 % Chg First Quarter Highlights Operating Results Revenue 194,704 166,123 17 659,663 656,341 1 All time highest quarterly Ad
Slide 7: Capital Expenditures
Capital Expenditures Millions of dollars 90 In May, the Board approved a $10 million $80 increase to anticipated 2025 capital 80 $73.5 expenditures budget 70 $64.9 $65 60 Intend to dedicate majority the growth capital expenditures on expanding RSS fleet, 50 including Real-Time RSS Communications
Slide 8: Outlook
Outlook Strong start to the year in both the US and Canada and we believe this momentum will continue in the upcoming quarters Trade policies, including tariffs and OPEC+ strategies could impact oil prices and therefore our activity levels Our premium technologies and the ability to deliver op
Slide 9: Shareholder Returns
Shareholder Returns Our strategy to reward shareholders has progressed over a 8-year period and adhering to it has proven paramount Since June 2017, 28% of shares outstanding repurchased under current and previous NCIB programs Reinstated quarterly dividend in December 2020 and increased five ti
Slide 10: Leadership Succession
Leadership Succession John Hooks Mike Buker Cameron Ritchie Craig Brown Jeff Shafer Founder & President & Chief Financial Officer & Chief Technology Officer Chief Operating Officer Executive Board Chair Chief Executive Officer Sr. Vice President Finance Garrett Wright David Raines Vice President Vic
Slide 11: Questions?
Questions? Phoenix Technology Services