Key Points
- Insider John Michael Hooks sold 57,500 PHX Energy Services shares at an average C$12.00, generating proceeds of C$690,000. He retained 2,639,604 shares valued at approximately C$31.7 million, a 2.13% reduction in his position.
- Hooks also sold 139,800 shares in three earlier September transactions, bringing his recent sales to 197,300 shares worth approximately C$2.40 million.
- PHX Energy shares opened at C$12.11, with a market capitalization of C$554.17 million and a 52-week range of C$6.87 to C$14.17. The company last reported quarterly revenue of C$178.91 million and earnings of C$0.21 per share.
PHX Energy Services Corp. (TSE:PHX - Get Free Report) insider John Michael Hooks sold 57,500 shares of the company's stock in a transaction on Tuesday, September 22nd. The shares were sold at an average price of C$12.00, for a total value of C$690,000.00. Following the completion of the transaction, the insider directly owned 2,639,604 shares in the company, valued at C$31,675,248. This represents a 2.13% 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 Monday, September 21st, John Michael Hooks sold 13,700 shares of PHX Energy Services stock. The stock was sold at an average price of C$12.00, for a total value of C$164,400.00.
- On Friday, September 4th, John Michael Hooks sold 26,100 shares of PHX Energy Services stock. The stock was sold at an average price of C$12.50, for a total value of C$326,250.00.
PHX Energy Services Stock Performance
Shares of TSE PHX opened at C$12.11 on Thursday. The stock's fifty day simple moving average is C$11.91 and its 200 day simple moving average is C$11.77. The stock has a market capitalization of C$554.17 million, a price-to-earnings ratio of 12.75 and a beta of 1.30. 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 Corp. has a 52-week low of C$6.87 and a 52-week high of C$14.17.
PHX Energy Services (TSE:PHX - Get Free Report) last announced its earnings results on Tuesday, August 4th. The company reported C$0.21 EPS 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 earnings per share for the current fiscal year.
PHX Energy Services Company Profile
(
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.
Further Reading
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