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PHX Minerals Inc. Announces Strategic Alternatives Process
PRNewswire (Thu, 12-Dec 6:45 AM ET)
PHX Minerals Inc. Response to the WhiteHawk Proposal
PRNewswire (Thu, 14-Nov 9:00 AM ET)
Business Wire (Tue, 12-Nov 8:00 AM ET)
PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2024
PRNewswire (Wed, 6-Nov 4:15 PM ET)
PHX Minerals Inc. to Announce Quarterly Financial Results on Nov. 6 and Host Earnings Call on Nov. 7
PRNewswire (Wed, 23-Oct 4:15 PM ET)
Business Wire (Mon, 14-Oct 4:05 PM ET)
PHX Minerals Inc is an oil and natural gas mineral company that has employed a plan to shift the core of its business away from drilling and toward perpetual mineral and natural gas ownership. The company owns substantial mineral acreage, principally in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas, but still maintains legacy interests in natural gas and oil properties that have retired operations. The revenues is derived from royalties granted from the production and sale of natural gas, oil and NGL, and the remaining portion of its revenues is derived from the production and sale of natural gas, oil and NGL on its working interests.
PHX Minerals trades on the NYSE stock market under the symbol PHX.
As of January 7, 2025, PHX stock price climbed to $3.99 with 619 million shares trading.
PHX has a beta of 0.28, meaning it tends to be less sensitive to market movements. PHX has a correlation of 0.02 to the broad based SPY ETF.
PHX has a market cap of $149.62 million. This is considered a Micro Cap stock.
Last quarter PHX Minerals reported $9 million in Revenue and $.03 earnings per share. This fell short of revenue expectation by $-133,000 and met earnings estimates .
In the last 3 years, PHX traded as high as $4.98 and as low as $2.09.
The top ETF exchange traded funds that PHX belongs to (by Net Assets): VTI, VXF, DFAT, DES, BSVO.
PHX has outperformed the market in the last year with a price return of +29.1% while the SPY ETF gained +28.3%. PHX has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +18.5% and +6.7%, respectively, while the SPY returned +3.9% and -0.2%, respectively.
PHX support price is $3.84 and resistance is $4.04 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PHX shares will trade within this expected range on the day.