PHX Minerals Inc. which can be found using ticker (PHX) have now 4 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 mean target price we have $5.10. Now with the previous closing price of $2.65 this is indicating there is a potential upside of 92.5%. The 50 day MA is $2.71 and the 200 moving average now moves to $3.34. The total market capitalization for the company now stands at $96m. Find out more information at: https://phxmin.com
The potential market cap would be $185m 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 Fort Worth, Texas.
The company has a dividend yield of 3.42% 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.
