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

Key Points

• Insider John Michael Hooks sold 13,700 PHX Energy Services shares at an average C$12.00, generating C$164,400; he retains 2,697,104 shares. He also sold 100,000 shares on September 18 and 26,100 shares on September 4.
• PHX Energy Services shares rose 0.4% to C$11.98, with the stock trading between a one-year range of C$6.87 and C$14.17. The company has a C$548.22 million market capitalization and a P/E ratio of 12.61.
• The company recently reported quarterly revenue of C$178.91 million and EPS of C$0.21, alongside a 6.46% net margin and 20.25% return on equity. Analysts expect full-year EPS of approximately C$1.24.

PHX Energy Services Corp. (TSE:PHX - Get Free Report) insider John Michael Hooks sold 13,700 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of C$12.00, for a total transaction of C$164,400.00. Following the transaction, the insider owned 2,697,104 shares of the company's stock, valued at C$32,365,248. This trade represents a 0.51% decrease in their ownership of the stock.

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 stock was 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 stock was sold at an average price of C$12.50, for a total transaction of C$326,250.00.

PHX Energy Services Trading Up 0.4%

Shares of PHX Energy Services stock traded up C$0.05 on Tuesday, hitting C$11.98. 97,888 shares of the company's stock traded hands, compared to its average volume of 180,884. The company has a fifty day moving average of C$11.86 and a two-hundred day moving average of C$11.77. PHX Energy Services Corp. has a one year low of C$6.87 and a one year high of C$14.17. The company has a market capitalization of C$548.22 million, a price-to-earnings ratio of 12.61 and a beta of 1.30. The company has a debt-to-equity ratio of 40.80, a current ratio of 2.07 and a quick ratio of 1.25.

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 (EPS) for the quarter. PHX Energy Services had a net margin of 6.46% and a return on equity of 20.25%. The company had revenue of C$178.91 million for the quarter. As a group, sell-side analysts expect that PHX Energy Services Corp. will post 1.2397516 earnings per share for the current year.

PHX Energy Services Company Profile

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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