PHX.TO vs. PPL.TO
PHX.TO (PHX Energy Services Corp.) and PPL.TO (Pembina Pipeline Corporation) are both stocks. Both are in the Energy sector — PHX.TO in Oil & Gas Drilling, PPL.TO in Oil & Gas Midstream. Over the past 10 years, PHX.TO returned 20.96%/yr vs 13.10%/yr for PPL.TO. At a 0.21 correlation, their price movements are largely independent.
Performance
PHX.TO vs. PPL.TO - Performance Comparison
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Returns By Period
In the year-to-date period, PHX.TO achieves a 60.09% return, which is significantly higher than PPL.TO's 32.40% return. Over the past 10 years, PHX.TO has outperformed PPL.TO with an annualized return of 20.96%, while PPL.TO has yielded a comparatively lower 13.10% annualized return.
PHX.TO
- 1D
- 2.11%
- 1M
- -2.27%
- YTD
- 60.09%
- 6M
- 57.61%
- 1Y
- 62.17%
- 3Y*
- 38.29%
- 5Y*
- 35.35%
- 10Y*
- 20.96%
PPL.TO
- 1D
- 1.41%
- 1M
- 11.91%
- YTD
- 32.40%
- 6M
- 28.23%
- 1Y
- 39.65%
- 3Y*
- 24.86%
- 5Y*
- 20.54%
- 10Y*
- 13.10%
PHX.TO vs. PPL.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PHX.TO PHX Energy Services Corp. | 60.09% | -11.22% | 27.44% | 15.42% | 87.66% | 84.92% | -5.59% | 19.92% | 0.43% | -42.82% |
PPL.TO Pembina Pipeline Corporation | 32.40% | 3.76% | 25.16% | 7.89% | 28.42% | 42.17% | -29.26% | 24.75% | -6.28% | 13.75% |
Correlation
The correlation between PHX.TO and PPL.TO is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.33 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.41 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.31 |
Correlation (All Time) Calculated using the full available price history since Oct 26, 1998 | 0.21 |
The correlation between PHX.TO and PPL.TO shifts across timeframes, from 0.21 (all time) to 0.41 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PHX.TO:
CA$529.65M
PPL.TO:
CA$39.83B
PHX.TO:
CA$0.93
PPL.TO:
CA$2.90
PHX.TO:
12.46
PPL.TO:
23.57
PHX.TO:
0.28
PPL.TO:
0.90
PHX.TO:
0.77
PPL.TO:
5.24
PHX.TO:
2.37
PPL.TO:
2.62
PHX.TO:
CA$699.78M
PPL.TO:
CA$7.61B
PHX.TO:
CA$101.04M
PPL.TO:
CA$2.90B
PHX.TO:
CA$85.39M
PPL.TO:
CA$3.41B
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Return for Risk
PHX.TO vs. PPL.TO — Risk / Return Rank
PHX.TO
PPL.TO
PHX.TO vs. PPL.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PHX Energy Services Corp. (PHX.TO) and Pembina Pipeline Corporation (PPL.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| PHX.TO | PPL.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.34 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.37 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.97 | 3.09 | -0.12 |
| Martin ratioReturn relative to average drawdown | 6.01 | 7.27 | -1.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PHX.TO | PPL.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.75 | 2.09 | -0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.93 | 1.11 | -0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.43 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.10 | 0.59 | -0.50 |
Drawdowns
PHX.TO vs. PPL.TO - Drawdown Comparison
The maximum PHX.TO drawdown since its inception was -98.18%, which is greater than PPL.TO's maximum drawdown of -68.48%. Use the drawdown chart below to compare losses from any high point for PHX.TO and PPL.TO.
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Drawdown Indicators
| PHX.TO | PPL.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -98.18% | -68.48% | -29.70% |
Max Drawdown (1Y)Largest decline over 1 year | -20.84% | -12.82% | -8.02% |
Max Drawdown (3Y)Largest decline over 3 years | -25.88% | -15.97% | -9.91% |
Max Drawdown (5Y)Largest decline over 5 years | -41.88% | -19.27% | -22.61% |
Max Drawdown (10Y)Largest decline over 10 years | -87.29% | -68.48% | -18.81% |
Current DrawdownCurrent decline from peak | -15.54% | -0.03% | -15.51% |
Average DrawdownAverage peak-to-trough decline | -45.77% | -8.73% | -37.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.28% | 5.43% | +4.85% |
Volatility
PHX.TO vs. PPL.TO - Volatility Comparison
PHX Energy Services Corp. (PHX.TO) has a higher volatility of 11.25% compared to Pembina Pipeline Corporation (PPL.TO) at 7.13%. This indicates that PHX.TO's price experiences larger fluctuations and is considered to be riskier than PPL.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PHX.TO | PPL.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.25% | 7.13% | +4.12% |
Volatility (6M)Calculated over the trailing 6-month period | 29.13% | 13.40% | +15.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.33% | 18.91% | +16.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 38.14% | 18.63% | +19.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 47.43% | 30.84% | +16.59% |
Dividends
PHX.TO vs. PPL.TO - Dividend Comparison
PHX.TO's dividend yield for the trailing twelve months is around 8.59%, more than PPL.TO's 4.15% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PHX.TO PHX Energy Services Corp. | 8.59% | 10.67% | 10.09% | 9.23% | 6.11% | 4.26% | 3.75% | 0.00% | 0.00% | 0.00% | 0.00% | 13.35% |
PPL.TO Pembina Pipeline Corporation | 4.15% | 5.39% | 7.09% | 7.93% | 6.97% | 10.89% | 13.89% | 4.90% | 5.53% | 4.48% | 4.53% | 5.98% |
Financials
PHX.TO vs. PPL.TO - Financials Comparison
This section allows you to compare key financial metrics between PHX Energy Services Corp. and Pembina Pipeline Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
PHX.TO vs. PPL.TO - Profitability Comparison
PHX.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, PHX Energy Services Corp. reported a gross profit of 30.37M and revenue of 183.89M. Therefore, the gross margin over that period was 16.5%.
PPL.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Pembina Pipeline Corporation reported a gross profit of 795.00M and revenue of 2.07B. Therefore, the gross margin over that period was 38.5%.
PHX.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, PHX Energy Services Corp. reported an operating income of 2.47M and revenue of 183.89M, resulting in an operating margin of 1.3%.
PPL.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Pembina Pipeline Corporation reported an operating income of 669.00M and revenue of 2.07B, resulting in an operating margin of 32.4%.
PHX.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, PHX Energy Services Corp. reported a net income of 8.94M and revenue of 183.89M, resulting in a net margin of 4.9%.
PPL.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Pembina Pipeline Corporation reported a net income of 498.00M and revenue of 2.07B, resulting in a net margin of 24.1%.
Frequently Asked Questions
PHX.TO and PPL.TO have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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