Shares of PHX Energy Services Corp (TSE:PHX) fell 1.4% during mid-day trading on Friday . The company traded as low as C$2.16 and last traded at C$2.20. 7,950 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 98,787 shares. The stock had previously closed at C$2.17.

In related news, Director Myron Arthur Tetreault bought 13,200 shares of the business’s stock in a transaction that occurred on Tuesday, November 14th. The stock was acquired at an average price of C$2.01 per share, for a total transaction of C$26,532.00. Also, insider Daniel Asa Blanchard bought 28,650 shares of the business’s stock in a transaction that occurred on Friday, November 17th. The shares were bought at an average price of C$2.15 per share, with a total value of C$61,597.50. Insiders acquired a total of 867,200 shares of company stock valued at $1,929,015 in the last quarter.

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About PHX Energy Services

PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services. The Company offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia and Manitoba; across the Gulf Coast, Northeast and Rocky Mountain regions of the United States, and internationally, primarily in Albania and Russia.

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