Panhandle Oil and Gas Inc. acquires, develops, and manages oil and natural gas properties in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its mineral and leasehold properties are located in Arkansas, New Mexico, North Dakota, Oklahoma, and Texas. As of September 30, 2017, the company owned perpetual ownership of 255,039 net mineral acres; leased 19,351 net acres; and held working and royalty interests in 6,095 producing oil and natural gas wells, as well as 63 wells in the process of being drilled or completed. It sells its products to various purchasers, including pipeline and marketing companies. Panhandle Oil and Gas Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Crude petroleum & natural gas
Sub-IndustryOil & Gas Exploration & Production
SectorOils/Energy
Current SymbolNYSE:PHX
Previous Symbol
CUSIP69847710
Phone405-948-1560
Debt
Debt-to-Equity Ratio0.31
Current Ratio1.28
Quick Ratio1.28
Price-To-Earnings
Trailing P/E Ratio79.14
Forward P/E Ratio14.71
P/E GrowthN/A
Sales & Book Value
Annual Sales$46.33 million
Price / Sales6.02
Cash Flow$1.2904 per share
Price / Cash12.88
Book Value$7.00 per share
Price / Book2.37
Profitability
EPS (Most Recent Fiscal Year)$0.21
Net Income$3.53 million
Net Margins32.61%
Return on Equity1.95%
Return on Assets1.22%
Miscellaneous
Employees21
Outstanding Shares16,780,000
Market Cap$284.06 million
OptionableOptionable
Panhandle Oil and Gas (NYSE:PHX) Frequently Asked Questions
What is Panhandle Oil and Gas' stock symbol?
Panhandle Oil and Gas trades on the New York Stock Exchange (NYSE) under the ticker symbol "PHX."
How often does Panhandle Oil and Gas pay dividends? What is the dividend yield for Panhandle Oil and Gas?
Panhandle Oil and Gas declared a quarterly dividend on Monday, October 29th. Investors of record on Wednesday, November 21st will be given a dividend of $0.04 per share on Thursday, December 6th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.96%. The ex-dividend date of this dividend is Tuesday, November 20th. View Panhandle Oil and Gas' Dividend History.
When did Panhandle Oil and Gas' stock split? How did Panhandle Oil and Gas' stock split work?
Panhandle Oil and Gas's stock split 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 market closes on Wednesday, October 8th 2014. An investor that had 100 shares of Panhandle Oil and Gas stock prior to the split would have 200 shares after the split.
How were Panhandle Oil and Gas' earnings last quarter?
Panhandle Oil and Gas Inc. (NYSE:PHX) posted its quarterly earnings data on Monday, August, 6th. The oil and gas producer reported ($0.05) earnings per share for the quarter, missing analysts' consensus estimates of $0.11 by $0.16. The oil and gas producer had revenue of $9.56 million for the quarter, compared to analyst estimates of $12.05 million. Panhandle Oil and Gas had a return on equity of 1.95% and a net margin of 32.61%. View Panhandle Oil and Gas' Earnings History.
When is Panhandle Oil and Gas' next earnings date?
What price target have analysts set for PHX?
1 brokerages have issued 12-month target prices for Panhandle Oil and Gas' stock. Their forecasts range from $27.00 to $27.00. On average, they anticipate Panhandle Oil and Gas' stock price to reach $27.00 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price. View Analyst Price Targets for Panhandle Oil and Gas.
What is the consensus analysts' recommendation for Panhandle Oil and Gas?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Panhandle Oil and Gas in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Panhandle Oil and Gas.
Has Panhandle Oil and Gas been receiving favorable news coverage?
Media coverage about PHX stock has been trending negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Panhandle Oil and Gas earned a media sentiment score of -2.2 on InfoTrie's scale. They also gave media coverage about the oil and gas producer a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the immediate future.
Who are some of Panhandle Oil and Gas' key competitors?
Some companies that are related to Panhandle Oil and Gas include Enbridge Energy Management (EEQ), GeoPark (GPRK), Berry Petroleum (BRY), Penn Virginia (PVAC), Comstock Resources (CRK), GENEL ENERGY PL/ADR (GEGYY), HighPoint Resources (HPR), W&T Offshore (WTI), Resolute Energy (REN), Chaparral Energy (CHAP), NOSTRUM OIL & G/ADR (NSTRY), Bonanza Creek Energy (BCEI), Hess Midstream Partners (HESM), Kimbell Royalty Partners (KRP) and Dorchester Minerals (DMLP).
Who are Panhandle Oil and Gas' key executives?
Panhandle Oil and Gas' management team includes the folowing people:
- Ms. Freda Rose Webb, VP of Operations (Age 61)
- Mr. Paul F. Blanchard Jr., Pres, CEO & Director (Age 58)
- Mr. Robb P. Winfield, VP, CFO & Controller (Age 43)
- Mr. Lonnie Joe Lowry, VP of Admin. & Corp. Sec. (Age 65)
- Shelly S. Quimby, Mang. of Land, Acquisitions & Divestitures
Who are Panhandle Oil and Gas' major shareholders?
Panhandle Oil and Gas' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (6.94%), Dimensional Fund Advisors LP (4.20%), Disciplined Growth Investors Inc. MN (2.11%), Amica Pension Fund Board of Trustees (1.46%), Amica Mutual Insurance Co. (1.41%) and Royce & Associates LP (0.84%). Company insiders that own Panhandle Oil and Gas stock include Freda Rose Webb, H Grant Swartzwelder, Mark T Behrman, Michael C Coffman, Paul Blanchard, Jr and Robert Robotti. View Institutional Ownership Trends for Panhandle Oil and Gas.
Which institutional investors are selling Panhandle Oil and Gas stock?
PHX stock was sold by a variety of institutional investors in the last quarter, including Royce & Associates LP, Putnam Investments LLC, TIAA CREF Investment Management LLC and Disciplined Growth Investors Inc. MN. Company insiders that have sold Panhandle Oil and Gas company stock in the last year include H Grant Swartzwelder and Robert Robotti. View Insider Buying and Selling for Panhandle Oil and Gas.
Which institutional investors are buying Panhandle Oil and Gas stock?
PHX stock was acquired by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Amica Mutual Insurance Co., Amica Pension Fund Board of Trustees, Los Angeles Capital Management & Equity Research Inc., Deprince Race & Zollo Inc., Bridgeway Capital Management Inc., BlackRock Inc. and MetLife Investment Advisors LLC. Company insiders that have bought Panhandle Oil and Gas stock in the last two years include Freda Rose Webb, Mark T Behrman and Paul Blanchard, Jr. View Insider Buying and Selling for Panhandle Oil and Gas.
How do I buy shares of Panhandle Oil and Gas?
Shares of PHX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Panhandle Oil and Gas' stock price today?
One share of PHX stock can currently be purchased for approximately $16.62.
How big of a company is Panhandle Oil and Gas?
Panhandle Oil and Gas has a market capitalization of $284.06 million and generates $46.33 million in revenue each year. The oil and gas producer earns $3.53 million in net income (profit) each year or $0.21 on an earnings per share basis. Panhandle Oil and Gas employs 21 workers across the globe.
What is Panhandle Oil and Gas' official website?
How can I contact Panhandle Oil and Gas?
Panhandle Oil and Gas' mailing address is Grand Centre Suite 300 5400 N Grand Blvd, Oklahoma City OK, 73112. The oil and gas producer can be reached via phone at 405-948-1560 or via email at [email protected]
MarketBeat Community Rating for Panhandle Oil and Gas (NYSE PHX)
MarketBeat's community ratings are surveys of what our community members think about Panhandle Oil and Gas and other stocks. Vote "Outperform" if you believe PHX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PHX will underperform the S&P 500 over the long term. You may vote once every thirty days.
