PHX Minerals (PHX) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is headquartered in Fort Worth, Texas.

Key Stats

• Today's Range: $3.36 to $3.43
• 50-Day Range: $3.11 to $3.46
• 52-Week Range: $2.95 to $3.81
• Volume: 38,519 shs
• Average Volume: 49,131 shs
• Market Capitalization: $128.11 million
• P/E Ratio: 31.09
• Dividend Yield: 4.68%
• Price Target: $4.90
• Consensus Rating: Buy

PHX Minerals Stock Analysis - MarketRank™

PHX Minerals scored higher than 69% of companies evaluated by MarketBeat, and ranked 115th out of 250 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

PHX Minerals has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

PHX Minerals has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of PHX Minerals is 30.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.13.

Price to Earnings Ratio vs. Sector

The P/E ratio of PHX Minerals is 30.91, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 12.01.

Price to Book Value per Share Ratio

PHX Minerals has a P/B Ratio of 1.02. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.33% of the outstanding shares of PHX Minerals have been sold short.

Short Interest Ratio / Days to Cover

PHX Minerals has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PHX Minerals has recently decreased by 18.32%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

PHX Minerals is a leading dividend payer. It pays a dividend yield of 4.78%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

PHX Minerals does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of PHX Minerals is 145.45%. Payout ratios above 75% are not desirable because they may not be sustainable.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.33% of the outstanding shares of PHX Minerals have been sold short.

Short Interest Ratio / Days to Cover

PHX Minerals has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in PHX Minerals has recently decreased by 18.32%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

PHX Minerals has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Oils/Energy companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for PHX Minerals this week, compared to 2 articles on an average week.

Search Interest

Only 17 people have searched for PHX on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.

MarketBeat Follows

4 people have added PHX Minerals to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, PHX Minerals insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 6.40% of the stock of PHX Minerals is held by insiders.

Percentage Held by Institutions

Only 38.19% of the stock of PHX Minerals is held by institutions.

PHX Stock Analysis - Frequently Asked Questions

How have PHX shares performed this year?

PHX Minerals' stock was trading at $3.22 at the beginning of the year. Since then, PHX stock has increased by 5.6% and is now trading at $3.40.
View the best growth stocks for 2024 here.

How were PHX Minerals' earnings last quarter?

PHX Minerals Inc. (NYSE:PHX) released its earnings results on Wednesday, August, 7th. The oil and gas producer reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. The oil and gas producer had revenue of $9.54 million for the quarter, compared to the consensus estimate of $7.40 million. PHX Minerals had a net margin of 14.38% and a trailing twelve-month return on equity of 5.35%.

When did PHX Minerals' stock split?

PHX Minerals's stock split before market open on Thursday, October 9th 2014. The 2-1 split was announced on Thursday, September 11th 2014. The newly created shares were distributed to shareholders after the closing bell on Wednesday, October 8th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

Who are PHX Minerals' major shareholders?

Top institutional shareholders of PHX Minerals include Dimensional Fund Advisors LP (4.36%), Ritholtz Wealth Management (0.08%), Meixler Investment Management Ltd. (0.05%) and Oppenheimer Asset Management Inc. (0.03%). Insiders that own company stock include Edenbrook Capital, Llc, Srp Capital Advisors, Llc, Chad L Stephens, Raphael D'amico, Mark T Behrman, Chad True and Christopher T Fraser.
View institutional ownership trends.

How do I buy shares of PHX Minerals?

Shares of PHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of PHX Minerals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that PHX Minerals investors own include Chesapeake Energy (CHKAQ), Enerplus (ERF), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Novan (NOVN) and Organigram (OGI).

Company Calendar

• Last Earnings: 8/07/2024
• Ex-Dividend for 9/6 Dividend: 8/23/2024
• Dividend Payable: 9/06/2024
• Today: 9/20/2024
• Next Earnings (Estimated): 11/13/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Crude petroleum & natural gas
• Sub-Industry: Oil & Gas Exploration & Production
• Current Symbol: NYSE:PHX
• CUSIP: 69847710
• CIK: 315131
• Web: www.panhandleoilandgas.com
• Phone: (405) 948-1560
• Fax: 405-948-2038
• Employees: 20
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $4.90
• High Stock Price Target: $5.50
• Low Stock Price Target: $4.30
• Potential Upside/Downside: +44.1%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.11
• Trailing P/E Ratio: 30.91
• Forward P/E Ratio: 34.00
• P/E Growth: N/A
• Net Income: $13.92 million
• Net Margins: 14.38%
• Pretax Margin: 20.20%
• Return on Equity: 5.35%
• Return on Assets: 4.00%

Debt

• Debt-to-Equity Ratio: 0.23
• Current Ratio: 3.98
• Quick Ratio: 3.98

Sales & Book Value

• Annual Sales: $38.38 million
• Price / Sales: 3.32
• Cash Flow: $0.46 per share
• Price / Cash Flow: 7.38
• Book Value: $3.33 per share
• Price / Book: 1.02

Miscellaneous

• Outstanding Shares: 37,458,000
• Free Float: 35,061,000
• Market Cap: $127.36 million
• Optionable: Optionable
• Beta: 0.57