Key Points
- Insider John Michael Hooks sold 26,100 PHX Energy Services shares at an average price of C$12.50, generating C$326,250. Following the transaction, he retained 2,817,604 shares, a 0.92% reduction in his position.
- PHX Energy shares were trading at C$12.58, up 2.3%, with a market capitalization of approximately C$575.67 million and a 12-month range of C$6.87 to C$14.17.
- The company reported quarterly revenue of C$178.91 million and earnings of C$0.21 per share, while analysts expect full-year earnings of about C$1.24 per share.
PHX Energy Services Corp. (TSE:PHX - Get Free Report) insider John Michael Hooks sold 26,100 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of C$12.50, for a total transaction of C$326,250.00. Following the sale, the insider owned 2,817,604 shares of the company's stock, valued at approximately C$35,220,050. The trade was a 0.92% decrease in their position.
PHX Energy Services Trading Up 2.3%
TSE:PHX opened at C$12.58 on Wednesday. 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 current ratio of 2.07, a quick ratio of 1.25 and a debt-to-equity ratio of 40.80. The firm's 50 day moving average is C$11.72 and its 200 day moving average is C$11.76. The stock has a market capitalization of C$575.67 million, a PE ratio of 13.24 and a beta of 1.30.
PHX Energy Services (TSE:PHX - Get Free Report) last announced its quarterly earnings data 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. Sell-side analysts expect that PHX Energy Services Corp. will post 1.2397516 earnings per share for the current year.
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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