PHX Minerals - PHX Stock Forecast, Price & News

PHX Minerals' stock was trading at $2.17 at the beginning of 2022. Since then, PHX shares have increased by 34.1% and is now trading at $2.91.
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The company is scheduled to release its next quarterly earnings announcement on Monday, December 12th 2022.
View our PHX earnings forecast.

PHX Minerals Inc. (NYSE:PHX) announced its quarterly earnings results on Monday, December, 13th. The oil and gas producer reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.19. The oil and gas producer earned $4.07 million during the quarter, compared to analyst estimates of $10.50 million. PHX Minerals had a trailing twelve-month return on equity of 11.30% and a net margin of 18.71%. During the same period in the prior year, the firm earned $0.02 EPS.

PHX Minerals announced a quarterly dividend on Tuesday, August 9th. Shareholders of record on Thursday, August 25th will be paid a dividend of $0.02 per share on Friday, September 9th. This represents a $0.08 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date is Wednesday, August 24th.
Read our dividend analysis for PHX.

PHX Minerals (NYSE:PHX) pays an annual dividend of $0.08 per share and currently has a dividend yield of 2.72%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 42.11%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PHX will have a dividend payout ratio of 8.70% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PHX.

Shares of PHX Minerals split before market open on Thursday, October 9th 2014. The 2-1 split was announced on Thursday, September 11th 2014. The newly issued shares were payable 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.

1 employees have rated PHX Minerals Chief Executive Officer Michael C. Coffman on Glassdoor.com. Michael C. Coffman has an approval rating of 100% among the company's employees. This puts Michael C. Coffman in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other PHX Minerals investors own include Chesapeake Energy (CHKAQ), Enerplus (ERF), ADMA Biologics (ADMA), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), Novan (NOVN), OrganiGram (OGI), Pennsylvania Real Estate Investment Trust (PEI), Washington Prime Group (WPG) and Bionano Genomics (BNGO).

PHX Minerals trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHX."

PHX Minerals' stock is owned by many different institutional and retail investors. Top institutional shareholders include Edenbrook Capital LLC (14.06%), Renaissance Technologies LLC (1.31%), Millennium Management LLC (0.90%), Citadel Advisors LLC (0.61%), Northern Trust Corp (0.19%) and Goldman Sachs Group Inc. (0.13%). Insiders that own company stock include Chad L Stephens, Chad L Stephens, Christopher T Fraser, Christopher T Fraser, Edenbrook Capital, Llc, Raphael D'amico and Srp Capital Advisors, Llc.
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Shares of PHX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of PHX stock can currently be purchased for approximately $2.91.

PHX Minerals (NYSE:PHX) has a market capitalization of $106.02 million and generates $21.97 million in revenue each year. The oil and gas producer earns $-6,220,000.00 in net income (profit) each year or $0.19 on an earnings per share basis.

PHX Minerals' mailing address is Valliance Bank Tower Suite 1100 1601 NW Expressway, Oklahoma City OK, 73118. The official website for the company is www.panhandleoilandgas.com. The oil and gas producer can be reached via phone at (405) 948-1560, via email at web.queries@computershare.com, or via fax at 405-948-2038.