Insider Selling: PHX Energy Services (TSE:PHX) Insider Sells C$187,050.00 in Stock

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

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 transaction of C$353,700.00.

PHX Energy Services Stock Down 0.5%

Shares of PHX traded down C$0.06 during mid-day trading on Thursday, hitting C$12.41. The company’s stock had a trading volume of 80,346 shares, compared to its average volume of 191,606. The company has a current ratio of 2.07, a quick ratio of 1.25 and a debt-to-equity ratio of 40.80. The company’s 50-day moving average is C$10.98 and its 200-day moving average is C$11.27. PHX Energy Services Corp. has a 52-week low of C$6.87 and a 52-week high of C$14.17. The firm has a market capitalization of C$567.89 million, a price-to-earnings ratio of 13.06 and a beta of 1.07.

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. The company had revenue of C$178.91 million for the quarter. PHX Energy Services had a net margin of 6.46% and a return on equity of 20.25%. On average, equities research analysts forecast that PHX Energy Services Corp. will post 1.2397516 EPS 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.