PHX - Panhandle Oil and Gas Inc Stock Price, Fair Value and News

3.21USD+0.03 (+0.94%)Market Closed

Market Summary

USD3.21+0.03

Market Closed

0.94%

PHX Stock Price

View Fullscreen

PHX RSI Chart

PHX Valuation

Market Cap

120.2M

Price/Earnings (Trailing)

28.74

Price/Sales (Trailing)

3.94

EV/EBITDA

8.55

Price/Free Cashflow

5.87

PHX Price/Sales (Trailing)

PHX Profitability

EBT Margin

19.33%

Return on Equity

3.41%

Return on Assets

2.55%

Free Cashflow Yield

17.04%

PHX Fundamentals

PHX Revenue

Revenue (TTM)

30.5M

Rev. Growth (Yr)

-50.73%

Rev. Growth (Qtr)

21.24%

PHX Earnings

Earnings (TTM)

4.2M

Earnings Growth (Yr)

-101.92%

Earnings Growth (Qtr)

-107.31%

Breaking Down PHX Revenue

Last 7 days

-3.0%

Last 30 days

0.9%

Last 90 days

7.7%

Trailing 12 Months

9.9%

How does PHX drawdown profile look like?

PHX Financial Health

Current Ratio

4.51

Debt/Equity

0.25

Debt/Cashflow

0.67

PHX Investor Care

Dividend Yield

3.27%

Dividend/Share (TTM)

0.11

Shares Dilution (1Y)

1.22%

Diluted EPS (TTM)

0.12

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	30.5M	0	0	0
2023	72.3M	59.9M	47.0M	38.6M
2022	43.4M	52.1M	69.9M	68.1M
2021	20.9M	29.1M	29.5M	39.9M
2020	50.7M	37.0M	25.0M	23.8M
2019	55.1M	61.9M	66.0M	47.0M
2018	49.2M	46.4M	45.0M	58.9M
2017	41.0M	43.6M	46.3M	51.8M
2016	44.2M	42.4M	39.1M	34.7M
2015	91.9M	85.3M	70.9M	51.3M
2014	74.3M	74.9M	84.4M	97.0M
2013	51.5M	55.5M	62.9M	67.1M
2012	47.9M	49.9M	48.5M	49.3M
2011	48.5M	46.7M	45.0M	48.5M
2010	0	44.6M	51.9M	50.2M
2009	0	0	37.3M	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Panhandle Oil and Gas Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 26, 2024	true chad	bought	3,220	3.22	1,000	principal accounting officer
Mar 25, 2024	behrman mark t	bought	74,046	3.21943	23,000	-
Mar 14, 2024	d'amico raphael	bought	10,640	3.04	3,500	svp - cfo
Dec 28, 2023	true chad	acquired	-	-	24,320	principal accounting officer
Dec 28, 2023	delaney peter b	acquired	-	-	19,484	-
Dec 28, 2023	stephens chad l	acquired	-	-	247,002	chief executive officer
Dec 28, 2023	packebush steven l	acquired	-	-	19,484	-
Dec 28, 2023	d'amico raphael	acquired	-	-	101,888	svp - cfo
Dec 28, 2023	behrman mark t	acquired	-	-	19,484	-
Dec 28, 2023	brown glen a	acquired	-	-	19,484	-

Which funds bought or sold PHX recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 16, 2024	JANE STREET GROUP, LLC	added	67.62	154,689	354,265	-%
May 16, 2024	Ancora Advisors LLC	added	52.64	639,062	1,675,740	0.04%
May 15, 2024	Royal Bank of Canada	unchanged	-	11,000	211,000	-%
May 15, 2024	STATE STREET CORP	unchanged	-	17,880	320,901	-%
May 15, 2024	BANK OF AMERICA CORP /DE/	reduced	-3.52	2,400	112,891	-%
May 15, 2024	BARCLAYS PLC	sold off	-100	-7,000	-	-%
May 15, 2024	Rockbridge Investment Management, LCC	sold off	-100	-100	-	-%
May 15, 2024	COOPERMAN LEON G	new	-	30,520	30,520	-%
May 15, 2024	MORGAN STANLEY	reduced	-54.35	-59,958	56,118	-%
May 15, 2024	Invenomic Capital Management LP	sold off	-100	-890,974	-	-%

Are Funds Buying or Selling PHX?

Are funds buying PHX calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PHX

No. of Funds

Unveiling Panhandle Oil and Gas Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	srp capital advisors, llc	8.3%	3,057,036	SC 13G/A
Feb 14, 2024	punch & associates investment management, inc.	7.40%	2,745,884	SC 13G
Jan 26, 2024	edenbrook capital, llc	9.94%	3,679,546	SC 13G/A
Feb 07, 2023	edenbrook capital, llc	14.38%	5,249,095	SC 13G/A
Sep 01, 2022	ghk royalty llc	13.5%	3e+06	SC 13G/A
Sep 01, 2022	hefner robert a iii	9.67%	3,165,570	SC 13G/A
Sep 01, 2022	hefner robert a iii	13.5%	3e+06	SC 13G/A
Feb 14, 2022	srp capital advisors, llc	10.76%	3,549,207	SC 13G/A
Feb 10, 2022	edenbrook capital, llc	14.78%	5,094,571	SC 13G/A
Oct 06, 2021	trigran investments, inc.	4.99%	1,516,597	SC 13G/A

Recent SEC filings of Panhandle Oil and Gas Inc

View All Filings

Date Filed	Form Type	Document
May 08, 2024	10-Q	Quarterly Report
May 08, 2024	8-K	Current Report
Apr 18, 2024	8-K	Current Report
Apr 10, 2024	EFFECT	EFFECT
Apr 08, 2024	CORRESP	CORRESP
Apr 05, 2024	DEF 14A	DEF 14A
Apr 05, 2024	DEFA14A	DEFA14A
Mar 26, 2024	PRE 14A	PRE 14A
Mar 26, 2024	4	Insider Trading
Mar 26, 2024	4	Insider Trading

Peers (Alternatives to Panhandle Oil and Gas Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
XOM	471.7B	341.1B	0.85%	13.11%	14.38	1.38	-16.75%	-46.83%
CVX	300.5B	198.9B	4.03%	5.64%	14.81	1.51	-18.05%	-43.28%
OXY	56.3B	27.7B	-3.83%	8.93%	13.02	2.03	-22.75%	-55.41%
MRO	14.8B	6.6B	-5.31%	13.71%	10.31	2.23	-15.57%	-47.38%
CHK	12.0B	6.4B	5.21%	11.50%	11.38	1.87	-54.63%	-85.10%
MID-CAP
RRC	9.2B	2.2B	8.87%	28.18%	19.03	4.18	-62.59%	-77.29%
HP	3.8B	2.7B	-5.78%	17.60%	10.77	1.38	2.93%	8.77%
CNX	3.7B	2.5B	1.93%	51.75%	3.66	1.46	-6.59%	-31.79%
KOS	2.8B	1.7B	-2.31%	-5.73%	12.58	1.62	-15.13%	-28.06%
CPE	2.4B	2.1B	12.10%	1.07%	5.93	1.13	-35.04%	-60.65%
SMALL-CAP
AMPY	249.2M	304.0M	-7.64%	-11.90%	8.14	0.82	-28.78%	-93.34%
AMTX	170.5M	257.2M	1.32%	57.38%	-3.85	0.66	7.59%	61.82%
BATL	94.5M	205.5M	5.90%	5.71%	-1.66	0.46	-40.02%	-142.55%
AE	70.6M	2.8B	-3.81%	-20.17%	41.23	0.03	-15.01%	137.22%
BRN	26.1M	24.4M	-6.81%	2.77%	-8.02	1.07	-16.16%	-245.04%

Panhandle Oil and Gas Inc News

Latest updates

Panhandle Oil and Gas Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	21.2%	7,869	6,491	8,899	7,231	15,973	14,889	21,828	19,562	11,869	16,602	4,072	10,900	8,346	6,172	3,651	2,702	11,311	7,304	15,728	16,342	7,636
Costs and Expenses	-0.2%	8,011	8,024	6,697	7,733	3,353	13,943	5,957	7,819	5,950	9,158	7,385	7,844	6,773	6,838	2,887	7,139	38,753	8,430	71,145	10,423	9,698
S&GA Expenses	-100.0%	-	3,051	2,760	3,177	2,982	3,137	3,783	2,878	2,744	2,096	2,142	2,275	2,059	1,731	1,718	1,909	2,175	2,223	2,684	1,809	2,133
EBITDA Margin	-25.3%	0.57*	0.77*	0.63*	0.63*	0.65*	0.45*	0.47*	0.34*	0.14*	0.23*	0.06*	0.13*	-	-	-	-	-	-	-	-	-
Interest Expenses	1.4%	734	724	557	524	557	638	472	286	230	177	205	220	268	302	328	241	347	371	444	527	486
Income Taxes	-96.6%	42.00	1,245	589	-166	3,067	981	2,431	976	33.00	762	451	-816	-217	-69.00	-678	-877	-6,987	254	-18,237	1,315	-130
Earnings Before Taxes	-103.8%	-141	3,759	2,484	-207	12,620	4,327	11,589	9,565	-3,987	7,444	-3,313	-2,172	-716	-665	-2,512	-4,433	-27,441	2,146	-74,390	5,919	-2,061
EBT Margin	-60.0%	0.19*	0.48*	0.41*	0.47*	0.53*	0.32*	0.35*	0.19*	-0.05*	0.03*	-0.23*	-0.21*	-	-	-	-	-	-	-	-	-
Net Income	-107.3%	-183	2,513	1,895	-41.29	9,553	3,346	9,158	8,589	-4,020	6,682	-3,764	-1,356	-499	-596	-1,834	-3,555	-20,454	1,892	-56,153	4,604	-1,931
Net Income Margin	-62.0%	0.14*	0.36*	0.31*	0.37*	0.42*	0.25*	0.29*	0.14*	-0.06*	0.03*	-0.21*	-0.15*	-	-	-	-	-	-	-	-	-
Free Cashflow	56.1%	5,247	3,361	6,960	4,916	8,933	10,142	13,193	8,405	7,296	8,638	-6,298	5,563	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-1.5%	164	167	163	153	156	155	153	143	130	122	117	110	96.00	98.00	100	92.00	98.00	127	127	207	206
Current Assets	-13.1%	9.00	10.00	8.00	10.00	12.00	20.00	18.00	18.00	12.00	11.00	12.00	11.00	9.00	10.00	18.00	8.00	12.00	8.00	14.00	11.00	9.00
Cash Equivalents	101.6%	2.00	1.00	1.00	1.00	1.00	2.00	3.00	4.00	2.00	2.00	2.00	3.00	1.00	1.00	11.00	2.00	0.00	0.00	6.00	2.00	1.00
Liabilities	-4.4%	41.00	43.00	41.00	33.00	36.00	45.00	45.00	45.00	46.00	33.00	38.00	35.00	-	-	37.00	-	-	-	-	-	-
Current Liabilities	-2.6%	2.00	2.00	3.00	2.00	2.00	7.00	11.00	12.00	17.00	10.00	15.00	9.00	5.00	3.00	4.00	4.00	2.00	2.00	3.00	2.00	2.00
Long Term Debt	-6.1%	31.00	33.00	31.00	24.00	26.00	33.00	28.00	28.00	24.00	20.00	18.00	20.00	24.00	27.00	27.00	28.00	32.00	35.00	35.00	42.00	44.00
LT Debt, Non Current	-100.0%	-	33.00	31.00	24.00	26.00	33.00	28.00	28.00	24.00	20.00	18.00	20.00	24.00	27.00	27.00	28.00	32.00	35.00	35.00	42.00	44.00
Shareholder's Equity	-0.5%	123	123	122	120	120	110	108	98.00	85.00	88.00	79.00	75.00	62.00	62.00	63.00	57.00	60.00	80.00	79.00	137	135
Retained Earnings	-1.6%	79.00	80.00	79.00	78.00	78.00	69.00	67.00	59.00	51.00	55.00	49.00	53.00	54.00	55.00	56.00	58.00	62.00	82.00	82.00	139	135
Additional Paid-In Capital	1.7%	42.00	42.00	44.00	44.00	43.00	43.00	44.00	43.00	38.00	37.00	33.00	26.00	11.00	11.00	11.00	3.00	3.00	3.00	3.00	3.00	3.00
Shares Outstanding	0.5%	36.00	36.00	36.00	36.00	36.00	36.00	36.00	35.00	34.00	33.00	33.00	24.00	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	92.00	-	-	-	-	67.00	-	-	-	63.00	-	-	-	57.00	-	-	-	246

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	56.1%	5,247	3,361	6,960	4,916	8,933	10,142	13,193	8,405	7,296	8,638	-6,298	5,563	4,206	471	1,281	3,717	4,010	2,098	6,673	5,272	5,051
Share Based Compensation	-100.0%	-	62.00	56.00	56.00	54.00	45.00	45.00	44.00	35.00	68.00	67.00	67.00	56.00	45.00	44.00	44.00	54.00	86.00	75.00	66.00	52.00
Cashflow From Investing	68.7%	-1,347	-4,298	-13,182	-1,748	-1,217	-12,633	-8,488	-8,054	-7,066	-7,250	-868	-11,162	-340	-7,997	580	-24.96	-115	-6,901	5,682	1,516	-4,100
Cashflow From Financing	-705.8%	-3,079	508	6,190	-3,061	-8,670	1,210	-5,796	2,436	-85.37	-2,267	6,697	7,237	-3,758	-2,000	6,805	-2,166	-3,663	-1,088	-7,724	-5,762	-901
Dividend Payments	-0.9%	1,080	1,090	810	810	810	726	717	691	517	332	303	303	229	226	166	166	664	656	661	665	674
Buy Backs	-100.0%	-	402	-	-51.79	-	52.00	-	-	-	-	-	-	-	-	-	-	-	8.00	989	2,498	2,827

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

PHX Income Statement

2024-03-31

Condensed Statements Of Income - USD ($)	3 Months Ended
Condensed Statements Of Income - USD ($)	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Natural gas, oil and NGL sales	$ 7,090,208	$ 11,857,247
Lease bonuses and rental income	151,718	313,150
Gains (losses) on derivative contracts	627,492	3,802,820
Revenues	7,869,418	15,973,217
Costs and expenses:
Lease operating expenses	332,409	574,942
Transportation, gathering and marketing	843,504	1,128,756
Production and ad valorem taxes	392,327	552,258
Depreciation, depletion and amortization	2,356,326	1,889,990
Provision for impairment		2,073
Interest expense	714,886	557,473
General and administrative	3,347,037	2,981,909
Losses (gains) on asset sales and other	24,212	(4,334,428)
Total costs and expenses	8,010,701	3,352,973
Income (loss) before provision for income taxes	(141,283)	12,620,244
Provision for income taxes	42,332	3,067,000
Net income (loss)	$ (183,615)	$ 9,553,244
Basic earnings (loss) per common share	$ (0.01)	$ 0.27
Diluted earnings (loss) per common share	$ (0.01)	$ 0.27
Weighted average shares outstanding:
Basic	36,303,392	35,935,791
Diluted	36,303,392	35,935,791
Dividends per share of common stock paid in period	$ 0.03	$ 0.0225

PHX Balance Sheet

2024-03-31

Condensed Balance Sheets - USD ($)

Mar. 31, 2024

Dec. 31, 2023

Current assets:

Cash and cash equivalents

$ 1,625,749

$ 806,254

Natural gas, oil, and NGL sales receivables (net of $0 allowance for uncollectable accounts)

3,683,671

4,900,126

Refundable income taxes

455,553

455,931

Derivative contracts, net

^[1]

2,400,390

3,120,607

Other

668,705

878,659

Total current assets

8,834,068

10,161,577

Properties and equipment at cost, based on successful efforts accounting:

Producing natural gas and oil properties

212,852,807

209,082,847

Non-producing natural gas and oil properties

56,150,263

58,820,445

Other

1,360,614

Gross properties and equipment, at cost, based on successful efforts accounting

270,363,684

269,263,906

Less accumulated depreciation, depletion and amortization

(116,177,898)

(114,139,423)

Net properties and equipment

154,185,786

155,124,483

Derivative contracts, net

^[1]

162,980

Operating lease right-of-use assets

537,685

572,610

Other, net

429,486

486,630

Total assets

163,987,025

166,508,280

Current liabilities:

Accounts payable

621,191

562,607

Current portion of operating lease liability

236,465

233,390

Accrued liabilities and other

1,100,976

1,215,275

Total current liabilities

1,958,632

2,011,272

Long-term debt

30,750,000

32,750,000

Deferred income taxes, net

6,782,969

6,757,637

Asset retirement obligations

1,073,025

1,062,139

Derivative contracts, net

^[1]

158,620

Operating lease liability, net of current portion

635,506

695,818

Total liabilities

41,358,752

43,276,866

Stockholders' equity:

Common Stock, $0.01666 par value; 54,000,500 shares authorized and 36,121,723 issued at March 31, 2024; 54,000,500 shares authorized and 36,121,723 issued at December 31, 2023

601,788

Capital in excess of par value

42,403,417

41,676,417

Deferred directors' compensation

1,425,523

1,487,590

Retained earnings

78,717,910

80,022,839

Stockholders' Equity

123,148,638

123,788,634

Less treasury stock, at cost; 122,785 shares at March 31, 2024, and 131,477 shares at December 31, 2023

(520,365)

(557,220)

Total stockholders' equity

122,628,273

123,231,414

Total liabilities and stockholders' equity

$ 163,987,025

$ 166,508,280

[1]	See Note 10: Fair Value Measurements for further disclosures regarding fair value of financial instruments.

About Panhandle Oil and Gas Inc

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. It 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 based in Fort Worth, Texas.

CEO	Mr. Chad L. Stephens III
WEBSITE	https://phxmin.com
INDUSTRY	Oil - E&P
EMPLOYEES	22

Panhandle Oil and Gas Inc Frequently Asked Questions

What is the ticker symbol for Panhandle Oil and Gas Inc? What does PHX stand for in stocks?

PHX is the stock ticker symbol of Panhandle Oil and Gas Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Panhandle Oil and Gas Inc (PHX)?

As of Fri May 17 2024, market cap of Panhandle Oil and Gas Inc is 120.24 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PHX stock?

You can check PHX's fair value in chart for subscribers.

What is the fair value of PHX stock?

You can check PHX's fair value in chart for subscribers. The fair value of Panhandle Oil and Gas Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Panhandle Oil and Gas Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PHX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Panhandle Oil and Gas Inc a good stock to buy?

The fair value guage provides a quick view whether PHX is over valued or under valued. Whether Panhandle Oil and Gas Inc is cheap or expensive depends on the assumptions which impact Panhandle Oil and Gas Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PHX.

What is Panhandle Oil and Gas Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri May 17 2024, PHX's PE ratio (Price to Earnings) is 28.74 and Price to Sales (PS) ratio is 3.94. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PHX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Panhandle Oil and Gas Inc's stock?

In the past 10 years, Panhandle Oil and Gas Inc has provided -0.189 (multiply by 100 for percentage) rate of return.