PHX Minerals Inc. which can be found using ticker (PHX) have now 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 5.9 and 4 calculating the average target price we see $5.13. Given that the stocks previous close was at $2.76 this would indicate that there is a potential upside of 85.9%. The 50 day moving average now sits at $2.84 and the 200 day MA is $3.35. The company has a market capitalization of $99m. Find out more information at: https://phxmin.com
The potential market cap would be $184m based on the market consensus.
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 Oklahoma City, Oklahoma.
The company has a dividend yield of 3.26% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.59, revenue per share of 1.95 and a 7.19% return on assets.
