PHX Energy Services (TSE:PHX) Insider Sells C$164,400.00 in Stock

PHX Energy Services Corp. (TSE:PHX) insider John Michael Hooks sold 13,700 shares of the company’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of C$12.00, for a total value of C$164,400.00. Following the completion of the sale, the insider owned 2,697,104 shares of the company’s stock, valued at approximately C$32,365,248. The trade was a 0.51% decrease in their position.

John Michael Hooks also recently made the following trade(s):

• On Wednesday, September 23rd, John Michael Hooks sold 128,800 shares of PHX Energy Services stock. The shares were sold at an average price of C$12.00, for a total transaction of C$1,545,600.00.
• On Tuesday, September 22nd, John Michael Hooks sold 57,500 shares of PHX Energy Services stock. The shares were sold at an average price of C$12.00, for a total transaction of C$690,000.00.
• On Friday, September 18th, John Michael Hooks sold 100,000 shares of PHX Energy Services stock. The stock was sold at an average price of C$12.15, for a total value of C$1,215,000.00.
• On Friday, September 4th, John Michael Hooks sold 26,100 shares of PHX Energy Services stock. The shares were sold at an average price of C$12.50, for a total value of C$326,250.00.

PHX Energy Services Price Performance

Shares of PHX stock opened at C$12.11 on Friday. The company has a market capitalization of C$554.17 million, a P/E ratio of 12.75 and a beta of 1.30. The company’s 50-day simple moving average is C$11.94 and its two-hundred day simple moving average is C$11.76. PHX Energy Services Corp. has a one year low of C$6.87 and a one year 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.

PHX Energy Services (TSE:PHX) last posted its earnings results 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 company had revenue of C$178.91 million for the quarter. As a group, equities analysts anticipate that PHX Energy Services Corp. will post 1.2397516 EPS 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.