CALGARY, Alberta, May 05, 2026 (GLOBE NEWSWIRE) -- First Quarter Highlights For the three-month period ended March 31, 2026, PHX Energy generated consolidated revenue of $183.9 million, which is 5 percent lower than the $193.7 million generated in the first quarter of 2025, virtually the same level as the consolidated revenue generated in the fourth quarter of 2025, and the second highest level of first quarter revenue in the Corporation's history. Rotary Steerable Systems (“RSS”) activity in the 2026-quarter was a record and represented 18 percent of the Corporation's consolidated activity (2025 – 15 percent).