PHX Energy Services (TSE:PHX) Insider Michael Leslie Buker Sells 15,000 Shares

PHX Energy Services Corp. (TSE:PHX) insider Michael Leslie Buker sold 15,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the insider owned 332,600 shares of the company’s stock, valued at C$4,147,522. The trade was 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 Trading Down 0.5%

TSE:PHX traded down C$0.06 during midday trading on Thursday, hitting C$12.41. The stock had a trading volume of 80,346 shares, compared to its average volume of 191,606. The stock has a 50-day moving average of C$10.98 and a 200 day moving average of C$11.27. The company 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 Corp. has a one year low of C$6.87 and a one year 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.

PHX Energy Services (TSE:PHX) last issued its earnings results 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 business had revenue of C$178.91 million during the quarter. As a group, sell-side analysts forecast 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.