Of note is the ratio of Panhandle Oil & Gas Inc's sales and general administrative expense to its total operating expenses; just 3.97% of US stocks have a lower such ratio.
The volatility of Panhandle Oil & Gas Inc's share price is greater than that of 93.76% US stocks with at least 200 days of trading history.
Panhandle Oil & Gas Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 53.74%, greater than the shareholder yield of 93.83% of stocks in our set.
If you're looking for stocks that are quantitatively similar to Panhandle Oil & Gas Inc, a group of peers worth examining would be HTLD, SGOC, XEC, TPRE, and PDCE.
Panhandle Oil & Gas acquires, develops, and manages oil and natural gas properties in the United States. The company was founded in 1926 and is based in Oklahoma City, Oklahoma.
PHX Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for PHX, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Panhandle Oil & Gas Inc ranked in the 51th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 31.5%. As for the metrics that stood out in our discounted cash flow analysis of Panhandle Oil & Gas Inc, consider:
The company's debt burden, as measured by earnings divided by interest payments, is -72.74; that's higher than just 3.41% of US stocks in the Energy sector that have positive free cash flow.
Its compound free cash flow growth rate, as measured over the past 5.02 years, is -0.08% -- higher than only 15.8% of stocks in our DCF forecasting set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as PHX, try EOG, HAL, MTRX, EPD, and DLNG.
Panhandle Oil and Gas ([[PHX]] -9.3%) priced its earlier announced underwritten public offering of 5M shares of common stock at $1.63/share.Offer expected to close on or about Sept. 1, 2020.Net proceeds are expected to be ~$7.2M.Previously: Panhandle acquires two packages of mineral and royalty assets (Aug 27)Take a quick look at the...
Panhandle Oil and Gas Inc (PHX) Q3 2020 Earnings Conference Call August 13, 2020 5:00 PM ET Company Participants Ralph D'Amico - VP & CFO Chad Stephens - President and Chief Executive Officer Freda Webb - VP Mineral Operations Presentation Operator Good day, everyone, and welcome to Panhandle Oil and...
PANHANDLE OIL AND GAS INC. (NYSE: PHX) today announced it will release results for its fiscal 2020 third quarter ended June 30, 2020, on Thursday, Aug. 13, 2020, following the close of trading on the New York Stock Exchange. Additionally, the Company will host a conference call to discuss the results at 5:00 p.m. EDT on Aug. 13, 2020. Management's discussion will be followed by a question and answer session with investors. To participate on the conference call, please dial 844-602-0380 (domestic) or 862-298-0970 (international).
PANHANDLE OIL AND GAS INC., "Panhandle" or the "Company," (NYSE: PHX), today announced it has entered into an agreement with Bank of Oklahoma ("BOK") during its scheduled borrowing base redetermination to amend its revolving credit facility. The amended facility reduces the Company's borrowing base to $32 million effective June 24, 2020. Further details regarding this amendment are contained in a Current Report on Form 8-K filed with the SEC on June 25, 2020. The next regularly scheduled borrowing base redetermination is expected to occur in December 2020.
We at Insider Monkey have gone over 821 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of March 31st, near the height of the coronavirus market crash. In this article, we look at what those funds think […]