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Why This 8.9% Dividend Stock Surged Last Week

Source: fool.ca fool.ca
News Snapshot:

PHX Energy Services Corp. (TSX:PHX) stock is currently fired up. The TSX dividend stock is creating massive returns for early investors at a faster pace right now. Shares rallied by 27% over the past week. The $437 million oil and gas drilling services company raised its quarterly dividend by 33% last week as it released a stellar set of third-quarter earnings results that extended its recent record-setting financial performance. The business is booming despite a general drilling services industry softness. Why PHX Energy Services stock is skyrocketing PHX Energy Services delivered its third consecutive set of record-breaking quarterly results on…

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