PHX Energy Services (TSE:PHX) Insider Sells C$326,250.00 in Stock

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

PHX Energy Services Stock Down 0.3%

TSE:PHX opened at C$12.33 on Friday. The company has a market capitalization of C$564.23 million, a price-to-earnings ratio of 12.98 and a beta of 1.30. PHX Energy Services Corp. has a one year low of C$6.87 and a one year high of C$14.17. The stock has a 50-day simple moving average of C$11.79 and a 200 day simple moving average of C$11.76. The company has a debt-to-equity ratio of 40.80, a quick ratio of 1.25 and a current ratio of 2.07.

PHX Energy Services (TSE:PHX) last announced its quarterly earnings data on Tuesday, August 4th. The company reported C$0.21 earnings per share for the quarter. PHX Energy Services had a return on equity of 20.25% and a net margin of 6.46%.The firm had revenue of C$178.91 million during the quarter. Sell-side analysts predict 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.