PHX Energy Services Corp. (TSE:PHX) Senior Officer John Michael Hooks Sells 19,900 Shares

PHX Energy Services Corp. (TSE:PHX - Get Free Report) Senior Officer John Michael Hooks sold 19,900 shares of PHX Energy Services stock in a transaction on Thursday, June 19th. The shares were sold at an average price of C$8.87, for a total value of C$176,415.49.

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

• 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 stock was sold at an average price of C$8.04, for a total transaction 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 transaction of C$644,193.20.
• On Tuesday, June 3rd, John Michael Hooks sold 138,800 shares of PHX Energy Services stock. The shares were sold at an average price of C$8.07, for a total transaction of C$1,120,310.32.
• On Friday, May 16th, John Michael Hooks sold 2,800 shares of PHX Energy Services stock. The shares were sold at an average price of C$8.25, for a total transaction 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 Stock Up 0.6%

Shares of PHX traded up C$0.05 on Friday, hitting C$8.83. The company's stock had a trading volume of 18,680 shares, compared to its average volume of 80,681. 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 firm has a market capitalization of C$402.73 million, a price-to-earnings ratio of 5.55 and a beta of 2.32. The firm's fifty day moving average price is C$8.00 and its 200-day moving average price is C$8.70. PHX Energy Services Corp. has a fifty-two week low of C$6.64 and a fifty-two week high of C$10.70.

PHX Energy Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 15th. Investors of record on Tuesday, April 15th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 9.06%. The ex-dividend date was Monday, March 31st. PHX Energy Services's payout ratio is presently 50.27%.

Analyst Upgrades and Downgrades

Separately, ATB Capital dropped their price objective on PHX Energy Services from C$12.00 to C$11.50 and set an "outperform" rating for the company in a report on Monday, May 5th.

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.

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