PHX Energy Services Corp. (OTCMKTS:PHXHF – Get Free Report)’s stock price was down 4% during mid-day trading on Friday . The stock traded as low as $7.97 and last traded at $8.06. Approximately 4,723 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 14,047 shares. The stock had previously closed at $8.40.
Wall Street Analysts Forecast Growth
Separately, BMO Capital Markets reissued an “outperform” rating on shares of PHX Energy Services in a research report on Wednesday, February 25th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.
Get Our Latest Stock Report on PHXHF
PHX Energy Services Price Performance
About PHX Energy Services
PHX Energy Services Corp., trading under the ticker OTCMKTS:PHXHF, is a Canada-based oilfield services provider specializing in pressure pumping and well completion solutions for the oil and gas industry. The company offers hydraulic fracturing, acidizing, coiled tubing, nitrogen pumping and other specialized stimulation services designed to enhance production in both conventional and unconventional reservoirs.
Leveraging a fleet of modular pressure pumping units and coiled tubing systems, PHX Energy Services delivers tailored fracturing and well intervention services that aim to optimize well performance, improve operational efficiency and maintain rigorous safety standards.
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