PHX Minerals Inc. (PHX)
PHX Minerals Inc. operates in the Oil & Gas Exploration & Production industry of the Energy sector, headquartered in Fort Worth, OK, US. The stock last traded at $4.35, up 0.00% on the session, giving a market capitalisation of $165.0M. On trailing twelve-month figures it carries a trailing P/E of 68.08, a net margin of 6.8%. Its beta of 0.06 implies it has historically moved less than the broad market.
PHX Minerals Inc. is an American enterprise primarily engaged in the ownership, acquisition, and management of oil and natural gas mineral properties. The company generates revenue through the production and sale of natural gas, crude oil, and natural gas liquids. Its core assets are strategically situated across several states, including Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. As of September 30, 2021, PHX Minerals boasted perpetual ownership of 251,600 net mineral acres and held leases on an additional 18,298 net acres. Furthermore, it maintained working and royalty interests in 6,457 active oil and natural gas wells, with an additional 277 wells in various stages of drilling or completion. The company's products are supplied to diverse clientele, including pipeline operators and marketing firms. Founded in 1926 and headquartered in Oklahoma City, Oklahoma, the entity was formerly known as Panhandle Oil and Gas Inc. before officially rebranding to PHX Minerals Inc. in October 2020.
PHX Minerals Inc. is most often compared with the following Energy names: