Posted by admin on Jun 26th, 2022
PHX Energy Services Corp. (TSE:PHX – Get Rating) Senior Officer Michael Leslie Buker bought 9,800 shares of the stock in a transaction that occurred on Tuesday, June 21st. The shares were purchased at an average price of C$5.72 per share, with a total value of C$56,056.00. Following the completion of the acquisition, the insider now directly owns 333,500 shares in the company, valued at C$1,907,620.
Michael Leslie Buker also recently made the following trade(s):
Shares of PHX opened at C$5.00 on Friday. The stock has a 50-day simple moving average of C$6.34 and a 200-day simple moving average of C$5.77. The company has a debt-to-equity ratio of 28.95, a quick ratio of 1.10 and a current ratio of 1.58. The stock has a market capitalization of C$252.71 million and a PE ratio of 18.80. PHX Energy Services Corp. has a 1 year low of C$3.75 and a 1 year high of C$7.50.
PHX Energy Services (TSE:PHX – Get Rating) last announced its quarterly earnings data on Wednesday, May 4th. The company reported C($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of C$0.13 by C($0.18). The firm had revenue of C$112.13 million during the quarter, compared to analyst estimates of C$106.50 million. Analysts predict that PHX Energy Services Corp. will post 0.86 EPS for the current year.
A number of brokerages recently commented on PHX. Stifel Nicolaus lowered their target price on PHX Energy Services from C$9.75 to C$9.50 in a report on Thursday, May 5th. BMO Capital Markets lifted their price objective on PHX Energy Services from C$9.00 to C$9.50 in a research note on Thursday, May 5th.
PHX Energy Services Company Profile (Get Rating)
PHX Energy Services Corp. provides horizontal and directional drilling technology and services to oil and natural gas exploration and development, and production companies in Canada, the United States, Russia, Albania, and the Middle East. It offers Velocity Real-Time System, a ground-breaking technology that offers downhole guidance systems; Atlas Motors, a high-performance drilling motors; PowerDrive Orbit RSS, a rotary steerable system; P-360 Positive Pulse MWD System, a measurement while drilling (MWD) tool; and E-360 EM MWD System, an MWD tool that transmits electric signals through geological formations.
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