Key Points
- Insider Michael Leslie Buker bought 5,000 shares of PHX Energy Services on Nov. 27 at C$7.32 per share (C$36,600), bringing his total holdings to 311,100 shares — a 1.63% increase in his position.
- Earlier on Nov. 25 Buker purchased 5,000 shares at C$2.64 and sold a total of 5,000 shares that day across three trades at ~C$7.20–7.22, indicating intra-week trading that likely realized gains.
- PHX opened at C$7.54 (up 0.8%), with a market cap of C$340.6M, a P/E of 6.98 and a 52-week range of C$6.64–C$9.79; analysts carry an average "Hold" rating and a C$8.50 target.
PHX Energy Services Corp. (TSE:PHX - Get Free Report) insider Michael Leslie Buker bought 5,000 shares of PHX Energy Services stock in a transaction dated Thursday, November 27th. The shares were purchased at an average cost of C$7.32 per share, for a total transaction of C$36,600.00. Following the completion of the transaction, the insider owned 311,100 shares of the company's stock, valued at approximately C$2,277,252. This represents a 1.63% increase in their position.
Michael Leslie Buker also recently made the following trade(s):
- On Tuesday, November 25th, Michael Leslie Buker purchased 5,000 shares of PHX Energy Services stock. The shares were purchased at an average cost of C$2.64 per share, with a total value of C$13,200.00.
- On Tuesday, November 25th, Michael Leslie Buker sold 700 shares of PHX Energy Services stock. The stock was sold at an average price of C$7.22, for a total transaction of C$5,054.00.
- On Tuesday, November 25th, Michael Leslie Buker sold 1,200 shares of PHX Energy Services stock. The shares were sold at an average price of C$7.21, for a total transaction of C$8,652.00.
- On Tuesday, November 25th, Michael Leslie Buker sold 3,100 shares of PHX Energy Services stock. The shares were sold at an average price of C$7.20, for a total value of C$22,320.00.
PHX Energy Services Trading Up 0.8%
TSE:PHX opened at C$7.54 on Friday. The stock has a market cap of C$340.64 million, a price-to-earnings ratio of 6.98 and a beta of 0.93. PHX Energy Services Corp. has a one year low of C$6.64 and a one year high of C$9.79. The company has a debt-to-equity ratio of 25.99, a quick ratio of 1.25 and a current ratio of 1.67. The business's 50-day simple moving average is C$7.40 and its 200 day simple moving average is C$7.79.
PHX Energy Services (TSE:PHX - Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported C$0.16 earnings per share for the quarter. The firm had revenue of C$164.33 million during the quarter. PHX Energy Services had a return on equity of 34.01% and a net margin of 11.40%. As a group, sell-side analysts predict that PHX Energy Services Corp. will post 1.2397516 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
Several research firms have recently weighed in on PHX. Atb Cap Markets downgraded shares of PHX Energy Services from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 22nd. ATB Capital cut PHX Energy Services from an "outperform" rating to a "sector perform" rating and cut their price objective for the company from C$9.50 to C$8.50 in a research note on Thursday, October 23rd. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of C$8.50.
Get Our Latest Research Report on PHX
About PHX Energy Services
(
Get Free Report)
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.
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