PHX Energy Services Corp. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was CAD 535.74 million compared to CAD 339.95 million a year ago.

Net income was CAD 29.75 million compared to CAD 22.72 million a year ago. Basic earnings per share from continuing operations was CAD 0.88 compared to CAD 0.47 a year ago. Diluted earnings per share from continuing operations was CAD 0.87 compared to CAD 0.45 a year ago.

Basic earnings per share was CAD 0.59 compared to CAD 0.46 a year ago. Diluted earnings per share was CAD 0.58 compared to CAD 0.44 a year ago.