PHX Minerals (PHX) Scheduled to Post Earnings on Wednesday

PHX Minerals (NYSE:PHX - Get Free Report) will be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.04 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.

PHX Minerals (NYSE:PHX - Get Free Report) last posted its quarterly earnings data on Wednesday, August 7th. The oil and gas producer reported $0.04 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.02. PHX Minerals had a return on equity of 5.35% and a net margin of 14.38%. The company had revenue of $9.54 million during the quarter, compared to analysts' expectations of $7.40 million. During the same period in the prior year, the firm earned ($0.02) earnings per share.

PHX Minerals Stock Up 2.0 %

PHX Minerals stock traded up $0.07 during midday trading on Wednesday, reaching $3.64. The stock had a trading volume of 29,449 shares, compared to its average volume of 50,751. The stock has a market capitalization of $136.50 million, a P/E ratio of 23.73 and a beta of 0.56. The firm's fifty day simple moving average is $3.46 and its 200-day simple moving average is $3.34. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.98 and a current ratio of 3.98. PHX Minerals has a 1-year low of $2.95 and a 1-year high of $3.74.

PHX Minerals Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 23rd were issued a $0.04 dividend. The ex-dividend date of this dividend was Friday, August 23rd. This is an increase from PHX Minerals's previous quarterly dividend of $0.03. This represents a $0.16 dividend on an annualized basis and a dividend yield of 4.40%. PHX Minerals's dividend payout ratio (DPR) is 106.67%.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of PHX Minerals in a research report on Friday, October 25th. They issued a "hold" rating for the company.

About PHX Minerals

PHX Minerals Inc operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies.