About Phoenix Technology Services
Phoenix Technology Services is a publicly listed company based in Phoenix (United States) founded in 1995. Provider of directional drilling and gyro surveying services. The company has 924 employees. Its website phxtech.com draws about 24 thousand monthly visits. Its focus areas include Business Services, Engineering Consulting and Horizontal.
Company details
Founded in 1995 and headquartered in Phoenix, United States, Phoenix Technology Services operates within the oil and gas drilling industry. Core services encompass directional drilling, gyro surveying, and survey management, alongside motor rentals and deployment of systems such as PowerDrive Orbit RSS and multiple MWD tools. Operations target wellbore precision, with applications directed toward cost control, risk reduction, and efficiency gains in drilling activities.
- Headquarters Phoenix, United States
- Employees 924
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Website phxtech.com
- Social LinkedIn Facebook
- Legal Name Phx Energy Services Corp.
- Annual Revenue$518.26 M (USD)7.57as on Dec 31, 2025
- Net Profit$39.96 M (USD)0.16as on Dec 31, 2025
- EBITDA$73.96 M (USD)1.8as on Dec 31, 2025
- Latest Funding Round$252.75K (USD), Post-IPO
Oct 2013
- Employee Count924
Funding Insights of Phoenix Technology Services
- Total Rounds 1
- Last Round Post-IPO — $252,746
- First Round $252,746
(Oct 2013)
All 1 funding rounds of Phoenix Technology Services with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2013 | $252,746 | Post-IPO | – | – | – |
People of Phoenix Technology Services
11 people are tracked at Phoenix Technology Services (2 in leadership, 6 in board & advisors, 3 in team); the tracked headcount is 924.
| Name | Role | Group |
|---|---|---|
Cameron Ritchie | SVP, Finance & CFO | Leadership |
John Hooks | CEO & Chairman of the Board | Leadership |
Terry D Freeman | Director | Board & advisors |
Randy Charron | Director | Board & advisors |
Larry Hibbard | Director | Board & advisors |
Roger Thomas | Director | Board & advisors |
Myron Tétreault | Director | Board & advisors |
Karen David-Green | Director | Board & advisors |
Craig Brown | SVP, Engineering & Technology | Team |
Jeff Shafer | SVP, Sales & Marketing | Team |
Shawn Kirby | US HSE Manager | Team |
Complete people profiles for Phoenix Technology Services
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IPO & Listings of Phoenix Technology Services
Phoenix Technology Services is a publicly listed company on the TSX with ticker symbol PHX in Canada, operating in the Industrial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date24 Mar 2003
- Listed onTSX: PHX
- Listed entityPHX Energy Services Corp.
- Exchange sectorIndustrial services
- ISINCA69338U1012
- Share price13.17 CAD (+3.54% on the day) · 2026-10-13
- Market capitalisation602,717,158.00 CAD
- Price to earnings13.0
- EPS (diluted, trailing year)1.01 CAD
- Dividend yield6.29%
- Volume (last session)203,862
Financials of Phoenix Technology Services
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 709.6M CAD | 54.7M CAD | 101.3M CAD |
| 2024 | 659.7M CAD | 54.6M CAD | 99.5M CAD |
| 2023 | 656.3M CAD | 98.6M CAD | 117.6M CAD |
| 2022 | 535.7M CAD | 43.8M CAD | 72.4M CAD |
| 2021 | 339.9M CAD | 22.7M CAD | 51.0M CAD |
Detailed financial statements for Phoenix Technology Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Phoenix Technology Services
3 dated milestones of Phoenix Technology Services across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Phoenix Technology Services is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $253K.
Web traffic of Phoenix Technology Services
The website of Phoenix Technology Services (phxtech.com) receives about 24.1K visits a month.
- Monthly visits24.1K
▼ 2.1% vs previous month
Websites whose visitors overlap most with Phoenix Technology Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| precisiondrilling.com | 100% | 77.8K | #548,171 | View details | |
phoenixenergyservices.com | phoenixenergyservices.com | 30% | – | ||
| phoenixenergy.ca | 28% | 3.1K | #5,296,978 | View details | |
| essentialenergy.ca | 21% | View details |
Top companies in Engineering & R&D Services
3 companies that operate in the same segment as Phoenix Technology Services (Engineering & R&D Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Engineering and construction management services are provided to diverse industries. | 1969 | Windsor, United States | USD 15.5 M | USD 465.13 M | 4,367 | |
Supplier of engineering, manufacturing & supply chain, workforce, and government IT solutions to customers | 1958 | Cincinnati, Ohio, United States | USD 5.11 M | 287 | ||
Helicopters are designed and manufactured for aviation and defense uses. | 1945 | Bloomfield, United States |
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Related news about Phoenix Technology Services
Complete news archive for Phoenix Technology Services
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Frequently Asked Questions about Phoenix Technology Services
Phoenix Technology Services was founded in 1995 and raised its 1st funding round 18 years after it was founded.
Phoenix Technology Services is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
Phoenix Technology Services has 924 employees.
Annual revenue of Phoenix Technology Services is $518.26M as on Dec 31, 2025.
Founded in 1995 and headquartered in Phoenix, United States, Phoenix Technology Services operates within the oil and gas drilling industry. Core services encompass directional drilling, gyro surveying, and survey management, alongside motor rentals and deployment of systems such as PowerDrive Orbit RSS and multiple MWD tools. Operations target wellbore precision, with applications directed toward cost control, risk reduction, and efficiency gains in drilling activities.
Yes, Phoenix Technology Services is publicly traded on TSX under the ticker symbol PHX.