PHX Net Income from 2010 to 2026

PHX Stock  CAD 12.05  0.31  2.64%   
PHX Energy Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 57.4 M this year. During the period from 2010 to 2026, PHX Energy Net Income quarterly data regression pattern had range of 145.1 M and standard deviation of  38,806,759. View All Fundamentals
 
Net Income  
First Reported
2005-03-31
Previous Quarter
8.5 M
Current Value
17.6 M
Quarterly Volatility
9.5 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check PHX Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among PHX Energy's main balance sheet or income statement drivers, such as Depreciation And Amortization of 64.9 M, Interest Expense of 5.1 M or Selling General Administrative of 37.2 M, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0794 or PTB Ratio of 2.06. PHX financial statements analysis is a perfect complement when working with PHX Energy Valuation or Volatility modules.
  
This module can also supplement various PHX Energy Technical models . Check out the analysis of PHX Energy Correlation against competitors.
Evaluating PHX Energy's Net Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into PHX Energy Services's fundamental strength.

Latest PHX Energy's Net Income Growth Pattern

Below is the plot of the Net Income of PHX Energy Services over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in PHX Energy Services financial statement analysis. It represents the amount of money remaining after all of PHX Energy Services operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is PHX Energy's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in PHX Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 54.71 M10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

PHX Net Income Regression Statistics

Arithmetic Mean16,782,396
Coefficient Of Variation231.23
Mean Deviation30,500,179
Median18,413,357
Standard Deviation38,806,759
Sample Variance1506T
Range145.1M
R-Value0.52
Mean Square Error1166.7T
R-Squared0.27
Significance0.03
Slope4,020,387
Total Sum of Squares24095.4T

PHX Net Income History

202657.4 M
202554.7 M
202454.6 M
202398.6 M
202244.3 M
202122.7 M
2020-6.9 M

About PHX Energy Financial Statements

PHX Energy investors utilize fundamental indicators, such as Net Income, to predict how PHX Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Net Income54.7 M57.4 M
Net Income From Continuing Ops54.7 M57.4 M
Net Income Applicable To Common Shares62.8 M66 M
Net Income Per Share 1.21  1.27 
Net Income Per E B T 0.83  1.02 

Pair Trading with PHX Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if PHX Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in PHX Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with PHX Stock

  0.78ENB-PFV Enbridge Pref 5PairCorr
  0.75ENB-PFC Enbridge Pref 11PairCorr
  0.83ENB-PFU Enbridge Pref LPairCorr
  0.77ENS E Split CorpPairCorr

Moving against PHX Stock

  0.65SAGE Sage Potash Corp Earnings Call TomorrowPairCorr
  0.46ENS-PA E Split CorpPairCorr
The ability to find closely correlated positions to PHX Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace PHX Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back PHX Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling PHX Energy Services to buy it.
The correlation of PHX Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as PHX Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if PHX Energy Services moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for PHX Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in PHX Stock

PHX Energy financial ratios help investors to determine whether PHX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in PHX with respect to the benefits of owning PHX Energy security.