PHX Energy Services Corp. (TSE:PHX) Senior Officer John Michael Hooks Sells 226,800 Shares

PHX Energy Services Corp. (TSE:PHX - Get Free Report) Senior Officer John Michael Hooks sold 226,800 shares of the company's stock in a transaction on Thursday, June 26th. The stock was sold at an average price of C$8.26, for a total transaction of C$1,873,458.72.

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

• On Monday, June 23rd, John Michael Hooks sold 25,800 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.88, for a total transaction of C$229,145.28.
• On Friday, June 20th, John Michael Hooks sold 212,000 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.77, for a total transaction of C$1,860,003.20.
• On Thursday, June 19th, John Michael Hooks sold 19,900 shares of PHX Energy Services stock. The shares were sold at an average price of C$8.87, for a total transaction of C$176,415.49.
• On Tuesday, June 10th, John Michael Hooks sold 221,900 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.14, for a total value of C$1,805,666.87.
• On Monday, June 9th, John Michael Hooks sold 93,900 shares of PHX Energy Services stock. The shares were sold at an average price of C$8.04, for a total value of C$755,378.55.
• On Thursday, June 5th, John Michael Hooks sold 80,500 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.00, for a total value of C$644,193.20.
• On Tuesday, June 3rd, John Michael Hooks sold 138,800 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.07, for a total value of C$1,120,310.32.
• On Friday, May 16th, John Michael Hooks sold 2,800 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.25, for a total value of C$23,103.08.
• On Wednesday, May 14th, John Michael Hooks sold 269,900 shares of PHX Energy Services stock. The stock was sold at an average price of C$8.02, for a total value of C$2,164,598.00.

PHX Energy Services Trading Down 0.1%

Shares of PHX Energy Services stock traded down C$0.01 during trading on Friday, reaching C$8.25. 216,785 shares of the stock were exchanged, compared to its average volume of 85,955. The company has a quick ratio of 1.25, a current ratio of 1.67 and a debt-to-equity ratio of 25.99. The stock's fifty day moving average is C$8.09 and its 200 day moving average is C$8.64. The firm has a market cap of C$376.28 million, a price-to-earnings ratio of 5.18 and a beta of 2.32. PHX Energy Services Corp. has a 1 year low of C$6.64 and a 1 year high of C$10.70.

PHX Energy Services Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Tuesday, April 15th were issued a dividend of $0.20 per share. The ex-dividend date was Monday, March 31st. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.70%. PHX Energy Services's dividend payout ratio is currently 50.27%.

Wall Street Analysts Forecast Growth

Separately, ATB Capital reduced their price target on PHX Energy Services from C$12.00 to C$11.50 and set an "outperform" rating on the stock in a research report on Monday, May 5th.

About PHX Energy Services

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.