Public market insider selling at PHX Energy Services (PHX)

Public market insider selling at PHX Energy Services (T:PHX)

Craig Brown, a Senior Officer, disposed of 135,000 Common Shares on a direct ownership basis at a price of $9.020 on March 19th, 2024. This represents a $1,217,727 divestment of the company's shares and an account share holdings change of -28.5%.

Michael Leslie Buker, a Senior Officer, disposed of 17,000 Common Shares on a direct ownership basis at prices ranging from $8.850 to $8.857 on March 15th, 2024. This represents a $150,513 divestment of the company's shares and an account share holdings change of -5.5%.

PHX Energy Services is in the Oil & Gas Drilling Sub Industry Group under the Energy Sector.

PHX Energy Services Corp. is a Canada-based oil and natural gas services company. The Company provides horizontal and directional drilling services and technologies to oil and natural gas exploration and development companies. The Company reports three operating segments on a geographical basis throughout the Gulf Coast, Northeast and Rocky Mountain regions of the United States, throughout the Western Canadian Sedimentary Basin, and internationally in Albania. Its technologies include PowerDrive Orbit Rotary Steerable System (RSS), Velocity Real-Time System, Echo system, PowerDrive Orbit RSS, P-360 Measurement While Drilling (MWD) system and others. It also supplies technology to the Middle East regions. Its Canadian directional drilling operations are conducted through Phoenix Technology Services LP. Its United States operations, conducted through its wholly owned subsidiary, Phoenix Technology Services USA Inc. (Phoenix USA).