PHX Energy Services Corp (TSE:PHX) shares fell 1.7% on Friday . The stock traded as low as C$2.32 and last traded at C$2.35. 930 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 100,915 shares. The stock had previously closed at C$2.31.

In other news, insider Michael Leslie Buker bought 20,000 shares of the stock in a transaction on Friday, September 1st. The shares were purchased at an average cost of C$2.20 per share, for a total transaction of C$44,000.00. Also, Director Myron Arthur Tetreault bought 13,200 shares of the stock in a transaction on Tuesday, November 14th. The stock was purchased at an average price of C$2.01 per share, for a total transaction of C$26,532.00. In the last three months, insiders acquired 1,151,200 shares of company stock worth $2,495,759.

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About PHX Energy Services Corp

PHX Energy Services Corp. is a Canada-based company, which provides horizontal and directional drilling technology and services. The Company offers its services to oil and natural gas producing companies in the Canadian provinces of Alberta, Saskatchewan, British Columbia and Manitoba; across the Gulf Coast, Northeast and Rocky Mountain regions of the United States, and internationally, primarily in Albania and Russia.

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