PHX Energy Services (TSE:PHX) Insider Sells C$1,545,600.00 in Stock

Key Points

  • Insider John Michael Hooks sold 128,800 PHX Energy Services shares at an average price of C$12.00, generating C$1.55 million; he retained 2,510,804 shares valued at approximately C$30.1 million.
  • Hooks has made several additional sales recently, including 57,500 shares on September 22 and 100,000 shares on September 18, bringing reported recent sales to more than C$3.9 million.
  • PHX opened at C$12.11, with a market capitalization of C$554.17 million and a 12-month trading range of C$6.87 to C$14.17. Its latest quarter included C$0.21 earnings per share and C$178.91 million in revenue.

PHX Energy Services Corp. (TSE:PHX - Get Free Report) insider John Michael Hooks sold 128,800 shares of the company's stock in a transaction dated Wednesday, September 23rd. The stock was sold at an average price of C$12.00, for a total transaction of C$1,545,600.00. Following the completion of the transaction, the insider owned 2,510,804 shares in the company, valued at C$30,129,648. This represents a 4.88% decrease in their ownership of the stock.

John Michael Hooks also recently made the following trade(s):

  • On Tuesday, September 22nd, John Michael Hooks sold 57,500 shares of PHX Energy Services stock. The shares were sold at an average price of C$12.00, for a total transaction of C$690,000.00.
  • 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 Price Performance

PHX opened at C$12.11 on Friday. The company 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 current ratio of 2.07, a quick ratio of 1.25 and a debt-to-equity ratio of 40.80. PHX Energy Services Corp. has a 12-month low of C$6.87 and a 12-month high of C$14.17. The business's fifty day simple moving average is C$11.94 and its 200-day simple moving average is C$11.76.




PHX Energy Services (TSE:PHX - Get Free Report) last released 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 firm had revenue of C$178.91 million during the quarter. On average, equities research analysts anticipate that PHX Energy Services Corp. will post 1.2397516 earnings per share for the current fiscal 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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