PHX Energy Services (TSE:PHX) Insider John Michael Hooks Sells 26,100 Shares of Stock

PHX Energy Services Corp. (TSE:PHX) insider John Michael Hooks sold 26,100 shares of PHX Energy Services stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of C$12.50, for a total transaction of C$326,250.00. Following the transaction, the insider directly owned 2,817,604 shares in the company, valued at approximately C$35,220,050. This represents a 0.92% decrease in their position.

PHX Energy Services Stock Performance

PHX stock opened at C$12.58 on Wednesday. The firm has a market cap of C$575.67 million, a PE ratio of 13.24 and a beta of 1.30. The company has a quick ratio of 1.25, a current ratio of 2.07 and a debt-to-equity ratio of 40.80. The business has a 50 day moving average of C$11.72 and a 200-day moving average of C$11.76. PHX Energy Services Corp. has a 12-month low of C$6.87 and a 12-month high of C$14.17.

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

PHX Energy Services Company Profile

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.