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PHX Energy Services ( (TSE:PHX) ) has issued an update.
PHX Energy Services announced a leadership transition with founder and CEO John Hooks becoming the Executive Board Chair, while President Michael Buker will succeed him as CEO. This succession is part of a long-term plan to ensure continuity and focus on strategic growth, with Mr. Buker expected to continue driving operational success and shareholder rewards. Additionally, key executive promotions were made to support the company’s operational and technological development.
More about PHX Energy Services
PHX Energy Services Corp. is a leading independent directional drilling company in North America. The company focuses on providing innovative drilling solutions and is recognized for its customer-centric approach and growth in the US operating division, notably with its Rotary Steerable System capabilities.
YTD Price Performance: -3.49%
Average Trading Volume: 62,242
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$415.1M
For an in-depth examination of PHX stock, go to TipRanks’ Stock Analysis page.