John Michael Hooks Sells 13,700 Shares of PHX Energy Services (TSE:PHX) Stock

PHX Energy Services Corp. (TSE:PHX) insider John Michael Hooks sold 13,700 shares of the business’s stock in a transaction that occurred on 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 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 Friday, September 18th, John Michael Hooks sold 100,000 shares of PHX Energy Services stock. The shares were 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 Trading Up 0.4%

PHX stock traded up C$0.05 on Tuesday, reaching C$11.98. The company’s stock had a trading volume of 97,888 shares, compared to its average volume of 180,884. The firm has a market cap of C$548.22 million, a PE ratio of 12.61 and a beta of 1.30. The business has a fifty day simple moving average of C$11.86 and a two-hundred day simple moving average of C$11.77. 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 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 earnings results on Tuesday, August 4th. The company reported C$0.21 earnings per share (EPS) for the quarter. The firm had revenue of C$178.91 million during the quarter. PHX Energy Services had a return on equity of 20.25% and a net margin of 6.46%. As a group, research 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.