PHX Energy Services Corp. reported earnings results for the fourth quarter ended December 31, 2022. For the fourth quarter, the company reported sales was CAD 157.76 million compared to CAD 102.3 million a year ago.

Net income was CAD 20.33 million compared to CAD 8.65 million a year ago. Basic earnings per share from continuing operations was CAD 0.4 compared to CAD 0.19 a year ago. Diluted earnings per share from continuing operations was CAD 0.39 compared to CAD 0.18 a year ago.

Basic earnings per share was CAD 0.4 compared to CAD 0.18 a year ago. Diluted earnings per share was CAD 0.39 compared to CAD 0.17 a year ago.