| It's rare to find a company--in any sector--with a combination of high quality management who own a lot of stock and execute SO WELL on a business model---as well as PHX Energy Services does.
I bought this stock for both my newsletter portfolios--InvestingWhisperer and the Oil and Gas Investments Bulletin.
They arguably don't have a moat, as the two large OFS (OilField Services) companies Schlumberger and Halliburton--also offer very similar drilling services.
But this company continues to take market share and increase revenue and EBITDA, to the point where they
- Pay a dividend
- Buy back stock
- Pay down debt
every year.
I have been moving my own capital into dividend paying stocks in the last year, and this company is a compounder that pays 9% (a bit less now that it has run up). Most compounders pay 2-3% yield.
My original report for subscribers that went out a while ago when the stock was $8. Obviously, I had no idea that war would break out and send all oil-related stocks higher, but this company performs so well that it, to me, takes a big chunk of cyclicality out of the stock.
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