Of note is the ratio of Phx Minerals Inc's sales and general administrative expense to its total operating expenses; merely 4.21% of US stocks have a lower such ratio.
In terms of volatility of its share price, PHX is more volatile than 91.58% of stocks we're observing.
Phx Minerals Inc's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 49.56%, greater than the shareholder yield of 94.72% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Phx Minerals Inc are SD, PTEN, RRC, SGU, and BTE.
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:
We started the process of determining a valid price forecast for Phx Minerals Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Phx Minerals Inc ranked in the 52th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for PHX, they are:
The company's compound free cash flow growth rate over the past 5.02 years comes in at -0.08%; that's greater than only 15.7% of US stocks we're applying DCF forecasting to.
As a business, PHX is generating more cash flow than merely 10.62% of positive cash flow stocks in the Energy.
Phx Minerals Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -72.74. This coverage rate is greater than that of merely 2.51% of stocks we're observing for the purpose of forecasting via discounted cash flows.
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 TRGP, NSFDF, IMO, OIS, and RNET.
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., "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 […]