Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PHX Energy Services's share price for the quarter that ended in Dec. 2023 was C$8.1. PHX Energy Services's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 47.3 Mil. Therefore, PHX Energy Services's market cap for the quarter that ended in Dec. 2023 was C$382.8 Mil.
PHX Energy Services's quarterly market cap
increased
from Jun. 2023 (C$307.9 Mil) to Sep. 2023 (C$376.0 Mil) and
increased
from Sep. 2023 (C$376.0 Mil) to Dec. 2023 (C$382.8 Mil).
PHX Energy Services's annual market cap
increased
from Dec. 2021 (C$214.0 Mil) to Dec. 2022 (C$395.5 Mil) but then
declined
from Dec. 2022 (C$395.5 Mil) to Dec. 2023 (C$382.8 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PHX Energy Services's Enterprise Value for Today is C$453.8 Mil.
PHX Energy Services Market Cap Historical Data
The historical data trend for PHX Energy Services's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of PHX Energy Services's Market Cap
For the Oil & Gas Drilling subindustry, PHX Energy Services's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PHX Energy Services's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PHX Energy Services's Market Cap distribution charts can be found below:
* The bar in red indicates where PHX Energy Services's Market Cap falls into.
PHX Energy Services Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
PHX Energy Services's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PHX Energy Services (TSX:PHX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
PHX Energy Services Market Cap Related Terms
Thank you for viewing the detailed overview of PHX Energy Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
PHX Energy Services (TSX:PHX) Business Description
PHX Energy Services Corp is an oil and natural gas service company. The firm, through its directional drilling subsidiary entities, provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the us. PHX Energy has developed various new technologies that have positioned the corporation technology in the horizontal and directional drilling services sector in North America. The Corporation also operates in the Middle East regions through an arrangement with National Energy Services Reunited Corp.
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