PHX has received covenant relief from its lenders and we expect the Company to stay onside of its new covenant package. We have modestly increased our 2015e and 2016e EBITDAS to reflect additional corporate cost savings.
19 Oct 2015
PHX Energy Services Corp. (PHX) Receives Covenant Relief
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PHX Energy Services Corp. (PHX) Receives Covenant Relief
PHX Energy Services Corp. (PHX:TSE) | 0 0 2.3% | Mkt Cap: 130.8m
- Published:
19 Oct 2015 -
Author:
Ian B. Gillies -
Pages:
4
PHX has received covenant relief from its lenders and we expect the Company to stay onside of its new covenant package. We have modestly increased our 2015e and 2016e EBITDAS to reflect additional corporate cost savings.