PHX Energy Services (TSE:PHX) Insider Jeffery John Shafer Sells 20,000 Shares

PHX Energy Services Corp. (TSE:PHX) insider Jeffery John Shafer sold 20,000 shares of the company’s stock in a transaction on Monday, March 30th. The stock was sold at an average price of C$13.70, for a total value of C$274,000.00. Following the transaction, the insider owned 183,793 shares of the company’s stock, valued at approximately C$2,517,964.10. The trade was a 9.81% decrease in their ownership of the stock.

Jeffery John Shafer also recently made the following trade(s):

• On Thursday, March 26th, Jeffery John Shafer sold 5,100 shares of PHX Energy Services stock. The stock was sold at an average price of C$13.98, for a total value of C$71,298.00.
• On Friday, March 27th, Jeffery John Shafer sold 1,200 shares of PHX Energy Services stock. The shares were sold at an average price of C$13.70, for a total value of C$16,440.00.

PHX Energy Services Stock Performance

Shares of PHX opened at C$13.21 on Wednesday. PHX Energy Services Corp. has a 1 year low of C$6.64 and a 1 year high of C$14.17. The company has a market cap of C$599.31 million, a price-to-earnings ratio of 11.69 and a beta of 1.73. The company has a debt-to-equity ratio of 29.22, a quick ratio of 1.25 and a current ratio of 1.88. The firm has a fifty day moving average of C$10.71 and a 200-day moving average of C$8.66.

PHX Energy Services (TSE:PHX) last released its quarterly earnings results on Wednesday, February 25th. The company reported C$0.35 EPS for the quarter. PHX Energy Services had a net margin of 7.71% and a return on equity of 24.11%. The business had revenue of C$183.89 million during the quarter. As a group, equities analysts anticipate that PHX Energy Services Corp. will post 1.2397516 earnings per share for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on PHX shares. BMO Capital Markets raised their price target on shares of PHX Energy Services from C$8.50 to C$10.50 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. ATB Cormark Capital Markets upgraded PHX Energy Services from a “hold” rating to a “moderate buy” rating and boosted their price objective for the stock from C$8.00 to C$11.75 in a research report on Wednesday, February 25th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of C$11.13.

PHX Energy Services News Roundup

Here are the key news stories impacting PHX Energy Services this week:

• Positive Sentiment: Recent company fundamentals remain solid: the firm reported C$0.35 EPS and ~C$183.9M revenue for the last quarter, with ROE ~24% and a P/E around 11.7 — metrics that support a constructive medium‑term outlook.
• Neutral Sentiment: Insider holdings remain material after the sales (examples: Jeffery Shafer still holds ~183,793 shares; Craig Brown ~129,633), so these sales appear to be reductions rather than full exits and may include planned diversification or liquidity needs.
• Neutral Sentiment: Sales occurred as the stock traded near its 12‑month high (C$14.17), which is consistent with routine profit‑taking rather than a company‑specific crisis.
• Negative Sentiment: Multiple insiders/directors sold across March 26–31, totaling roughly C$1.34M of stock (notable transactions: Craig Brown sold 50,000 shares for ~C$687,500; Jeffery Shafer sold ~26,300 shares across several transactions; Director David Raines sold 8,333 shares). Large, clustered insider selling often weighs on sentiment and likely contributed to the share price decline. Insider Selling: PHX Energy Services (TSE:PHX) Director Sells
• Negative Sentiment: Cumulative insider reductions include steep percentage cuts to individual positions (e.g., one director’s stake fell by ~27–33% through several trades), which can prompt short‑term selling pressure from other investors.

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. 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.