Michael Leslie Buker Sells 15,000 Shares of PHX Energy Services (TSE:PHX) Stock

PHX Energy Services Corp. (TSE:PHX) insider Michael Leslie Buker sold 15,000 shares of the stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of C$12.47, for a total value of C$187,050.00. Following the completion of the sale, the insider owned 332,600 shares of the company’s stock, valued at C$4,147,522. This trade represents a 4.32% decrease in their ownership of the stock.

Michael Leslie Buker also recently made the following trade(s):

• On Friday, May 22nd, Michael Leslie Buker sold 30,000 shares of PHX Energy Services stock. The stock was sold at an average price of C$11.79, for a total value of C$353,700.00.

PHX Energy Services Trading Down 0.1%

TSE:PHX opened at C$12.57 on Friday. PHX Energy Services Corp. has a fifty-two week low of C$6.87 and a fifty-two week high of C$14.17. The company has a debt-to-equity ratio of 40.80, a current ratio of 2.07 and a quick ratio of 1.25. The stock has a market capitalization of C$575.22 million, a PE ratio of 13.23 and a beta of 1.07. The business’s 50-day simple moving average is C$11.03 and its 200-day simple moving average is C$11.30.

PHX Energy Services (TSE:PHX) last issued its quarterly earnings data on Tuesday, August 4th. The company reported C$0.21 earnings per share (EPS) for the quarter. PHX Energy Services had a return on equity of 20.25% and a net margin of 6.46%.The business had revenue of C$178.91 million during the quarter. Sell-side analysts expect that PHX Energy Services Corp. will post 1.2397516 earnings per share for the current fiscal year.

About PHX Energy Services

PHX Energy Services Corp is a Canadian service provider company. It is principally engaged in providing horizontal and directional drilling services, as well as web-based remote electronic drilling recorder technology and services, to oil and natural gas exploration and development companies in Canada, United States, Albania, and Russia. The services provided by the company includes directional drilling and motor rentals, survey management, gyro surveying and stream services. Geographically, the company operates in Canada, United States, and International.