PHX Energy Services (OTCMKTS:PHXHF) Trading 1.2% Higher – Here’s What Happened

PHX Energy Services Corp. (OTCMKTS:PHXHFGet Free Report) shares shot up 1.2% during mid-day trading on Tuesday . The company traded as high as $6.6805 and last traded at $6.6650. 5,172 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 14,818 shares. The stock had previously closed at $6.5850.

PHX Energy Services Stock Performance

The stock has a 50 day moving average price of $5.93 and a 200 day moving average price of $5.60.

PHX Energy Services Company Profile

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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.

Further Reading

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