Karen David-Green Buys 1,730 Shares of PHX Energy Services Corp. (TSE:PHX) Stock

PHX Energy Services Corp. (TSE:PHX) Director Karen David-Green acquired 1,730 shares of PHX Energy Services stock in a transaction on Friday, April 4th. The shares were purchased at an average price of C$8.01 per share, for a total transaction of C$13,859.55.

PHX Energy Services Stock Performance

Shares of PHX Energy Services stock opened at C$7.62 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.25 and a debt-to-equity ratio of 25.99. The company has a market cap of C$347.54 million, a PE ratio of 4.79 and a beta of 2.32. The company has a 50 day moving average of C$8.96 and a 200-day moving average of C$9.33. PHX Energy Services Corp. has a 1-year low of C$7.60 and a 1-year high of C$10.70.

PHX Energy Services Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Tuesday, April 15th will be paid a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a yield of 10.50%. The ex-dividend date is Monday, March 31st. PHX Energy Services’s payout ratio is presently 50.27%.

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.