PHX Energy Services (TSE:PHX) Shares Break Above 200-Day Moving Average – Here’s What Happened

Posted by on Oct 11th, 2026

Shares of PHX Energy Services Corp. (TSE:PHX – Get Free Report) crossed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$11.72 and traded as high as C$12.90. PHX Energy Services shares last traded at C$12.72, with a volume of 120,152 shares trading hands.

PHX Energy Services Stock Up 1.5%

The company has a market capitalization of C$582.08 million, a PE ratio of 13.39 and a beta of 1.38. The company’s fifty day moving average is C$12.27 and its 200-day moving average is C$11.72. The company has a debt-to-equity ratio of 40.80, a quick ratio of 1.25 and a current ratio of 2.07.

PHX Energy Services (TSE:PHX – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The company reported C$0.21 earnings per share for the quarter. The business had revenue of C$178.91 million for the quarter. PHX Energy Services had a net margin of 6.46% and a return on equity of 20.25%. As a group, analysts predict that PHX Energy Services Corp. will post 1.24 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Michael Leslie Buker sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of C$12.47, for a total value of C$187,050.00. Following the completion of the transaction, the insider owned 332,600 shares of the company’s stock, valued at approximately C$4,147,522. This represents a 4.32% decrease in their position. Also, insider John Michael Hooks sold 128,800 shares of PHX Energy Services stock in a transaction that occurred on Wednesday, September 23rd. The shares were sold at an average price of C$12.00, for a total value of C$1,545,600.00. Following the sale, the insider directly owned 2,510,804 shares in the company, valued at C$30,129,648. This trade represents a 4.88% decrease in their position. In the last 90 days, insiders have sold 341,100 shares of company stock worth $4,128,300. 11.86% of the stock is owned by corporate insiders.

PHX Energy Services Company Profile

(Get Free Report)

PHX Energy is a growth oriented, public oil and natural gas services company. The Corporation, through its directional drilling subsidiary entities provides horizontal and directional drilling services to oil and natural gas exploration and development companies principally in Canada and the US. In connection with the services it provides, PHX Energy engineers, develops and manufactures leading-edge technologies. In recent years, PHX Energy has developed various new technologies that have positioned the Corporation as a technology leader in the horizontal and directional drilling services sector in North America.

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