Lawrence Hibbard - PHX Energy Independent Director

PHX Stock  CAD 9.92  0.16  1.64%   

Director

Mr. Lawrence Melvin Hibbard serves as an Independent Director of PHX Energy Services Corp since 2011.
Age 68
Tenure 13 years
Address 215 9th Avenue SW, Calgary, AB, Canada, T2P 1K3
Phone403 543 4466
Webhttps://www.phxtech.com
Hibbard was a CoFounder of Highland Fluid Technology, a startup private company deploying unique technology to the Drilling and Completion business; Director of Trigpoint Solutions since 2009, a private company that provides RFID technology for preventative maintenance, asset tracking and people management; Past Director of Xtreme Drilling and Coil Services Corporation and Zahroof Valve Inc.; prior to 2005, spent a 32 year career with Schlumberger Limited working in four business units, the last 22 years in senior vice president level executive management positions primarily related to international operations.

PHX Energy Management Efficiency

The company has return on total asset (ROA) of 0.0894 % which means that it generated a profit of $0.0894 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.3582 %, meaning that it generated $0.3582 on every $100 dollars invested by stockholders. PHX Energy's management efficiency ratios could be used to measure how well PHX Energy manages its routine affairs as well as how well it operates its assets and liabilities. As of the 24th of November 2024, Return On Tangible Assets is likely to grow to 0.28. Also, Return On Capital Employed is likely to grow to 0.29. At this time, PHX Energy's Return On Assets are very stable compared to the past year.
PHX Energy Services has accumulated 44.77 M in total debt with debt to equity ratio (D/E) of 0.28, which may suggest the company is not taking enough advantage from borrowing. PHX Energy Services has a current ratio of 2.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist PHX Energy until it has trouble settling it off, either with new capital or with free cash flow. So, PHX Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like PHX Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for PHX to invest in growth at high rates of return. When we think about PHX Energy's use of debt, we should always consider it together with cash and equity.

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PHX Energy Services Corp., through its subsidiaries, provides horizontal and directional drilling technology and services to oil and natural gas exploration and development, and production companies in Canada, the United States, Russia, and Albania. PHX Energy Services Corp. was founded in 1995 and is headquartered in Calgary, Canada. PHX ENERGY operates under Oil Gas Drilling classification in Canada and is traded on Toronto Stock Exchange. It employs 835 people. PHX Energy Services (PHX) is traded on Toronto Exchange in Canada and employs 920 people. PHX Energy is listed under Energy Equipment & Services category by Fama And French industry classification.

Management Performance

PHX Energy Services Leadership Team

Elected by the shareholders, the PHX Energy's board of directors comprises two types of representatives: PHX Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PHX. The board's role is to monitor PHX Energy's management team and ensure that shareholders' interests are well served. PHX Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PHX Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Roger Thomas, Independent Director
Randolph Charron, Independent Director
Lawrence Hibbard, Independent Director
Cameron Ritchie, Senior Vice President - Finance, Chief Financial Officer, Corporate Secretary
Michael Buker, President
Craig Brown, Senior Vice President - International Operations and Technology
CA CA, CFO Fin
John Hooks, Chairman of the Board, Chief Executive Officer
Terry Freeman, Independent Director
Cameron CA, CFO Finance
Jeffery Shafer, Senior Vice President of Sales and Marketing
Daniel Blanchard, Vice President - Executive Sales
Judith Athaide, Independent Director
Myron Tetreault, Lead Independent Director

PHX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PHX Energy a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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.