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 company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of C$12.47, for a total value 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 value of C$353,700.00.

PHX Energy Services Price Performance

Shares of PHX stock opened at C$12.57 on Friday. The firm has a market cap of C$575.22 million, a price-to-earnings ratio of 13.23 and a beta of 1.07. PHX Energy Services Corp. has a 12 month low of C$6.87 and a 12 month high of C$14.17. 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 stock has a 50-day moving average price of C$11.03 and a 200 day moving average price of C$11.30.

PHX Energy Services (TSE:PHX) last released 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 net margin of 6.46% and a return on equity of 20.25%. The company had revenue of C$178.91 million for the quarter. Research analysts expect that PHX Energy Services Corp. will post 1.2397516 EPS for the current 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.