PHX Minerals Inc. with ticker code (PHX) now have 3 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 5.9 and 4 calculating the average target price we see $5.13. Given that the stocks previous close was at $2.71 and the analysts are correct then we can expect a percentage increase in value of 89.3%. Also worth taking note is the 50 day moving average now sits at $2.77 while the 200 day moving average is $3.35. The market capitalization for the company is $96m. Visit the company website at: https://phxmin.com
The potential market cap would be $182m 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 purchasersluding 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 3.32% with the ex dividend date set at 16-2-2023 (DMY).
Other points of data to note are a P/E ratio of 4.46, revenue per share of 1.95 and a 7.19% return on assets.
