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PHX

PHX MineralsNYSE:PHX Stock Report

Last Price

US$2.57

Market Cap

US$88.6m

7D

1.6%

1Y

-20.9%

Updated

19 Jan, 2022

Data

Company Financials +
PHX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends2/6

PHX Stock Overview

PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States.

PHX Minerals Competitors

Diamondback Energy

NasdaqGS:FANG

US$22.8b

Matador Resources

NYSE:MTDR

US$5.2b

Civitas Resources

NYSE:CIVI

US$4.7b

Callon Petroleum

NYSE:CPE

US$3.2b

Price History & Performance

Summary of all time highs, changes and price drops for PHX Minerals
Historical stock prices
Current Share PriceUS$2.57
52 Week HighUS$4.37
52 Week LowUS$1.96
Beta0.91
1 Month Change20.66%
3 Month Change-21.17%
1 Year Change-20.92%
3 Year Change-83.13%
5 Year Change-88.70%
Change since IPO460.73%

Recent News & Updates

Dec 31
PHX Minerals' (NYSE:PHX) Dividend Will Be Increased To US$0.015

PHX Minerals' (NYSE:PHX) Dividend Will Be Increased To US$0.015

PHX Minerals Inc. ( NYSE:PHX ) has announced that it will be increasing its dividend on the 3rd of March to US$0.015...

Dec 17
PHX Minerals' (NYSE:PHX) Shareholders Will Receive A Bigger Dividend Than Last Year

PHX Minerals' (NYSE:PHX) Shareholders Will Receive A Bigger Dividend Than Last Year

PHX Minerals Inc. ( NYSE:PHX ) has announced that it will be increasing its dividend on the 3rd of March to US$0.015...

Shareholder Returns

PHXUS Oil and GasUS Market
7D1.6%0.7%-4.6%
1Y-20.9%45.7%7.7%

Return vs Industry: PHX underperformed the US Oil and Gas industry which returned 46.8% over the past year.

Return vs Market: PHX underperformed the US Market which returned 10.2% over the past year.

Price Volatility

Is PHX's price volatile compared to industry and market?
PHX volatility
PHX Average Weekly Movement8.2%
Oil and Gas Industry Average Movement7.3%
Market Average Movement6.6%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.4%

Stable Share Price: PHX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: PHX's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
192620Chad Stephenshttps://phxmin.com

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.

PHX Minerals Fundamentals Summary

How do PHX Minerals's earnings and revenue compare to its market cap?
PHX fundamental statistics
Market CapUS$88.62m
Earnings (TTM)-US$6.22m
Revenue (TTM)US$36.24m

2.4x

P/S Ratio

-14.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PHX income statement (TTM)
RevenueUS$36.24m
Cost of RevenueUS$10.00m
Gross ProfitUS$26.24m
ExpensesUS$32.45m
Earnings-US$6.22m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.18
Gross Margin72.41%
Net Profit Margin-17.16%
Debt/Equity Ratio22.2%

How did PHX perform over the long term?

See historical performance and comparison

Dividends

2.3%

Current Dividend Yield

-17%

Payout Ratio

Does PHX pay a reliable dividends?

See PHX dividend history and benchmarks
When do you need to buy PHX by to receive an upcoming dividend?
PHX Minerals dividend dates
Ex Dividend DateFeb 16 2022
Dividend Pay DateMar 03 2022
Days until Ex dividend27 days
Days until Dividend pay date42 days

Does PHX pay a reliable dividends?

See PHX dividend history and benchmarks

Valuation

Is PHX Minerals undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PHX ($2.57) is trading below our estimate of fair value ($19.51)

Significantly Below Fair Value: PHX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PHX is unprofitable, so we can't compare its PE Ratio to the US Oil and Gas industry average.

PE vs Market: PHX is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PHX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PHX is good value based on its PB Ratio (1.1x) compared to the US Oil and Gas industry average (2.2x).


Future Growth

How is PHX Minerals forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

101.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PHX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: PHX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PHX's is expected to become profitable in the next 3 years.

Revenue vs Market: PHX's revenue (13.8% per year) is forecast to grow faster than the US market (9.2% per year).

High Growth Revenue: PHX's revenue (13.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PHX's Return on Equity is forecast to be high in 3 years time


Past Performance

How has PHX Minerals performed over the past 5 years?

-36.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PHX is currently unprofitable.

Growing Profit Margin: PHX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PHX is unprofitable, and losses have increased over the past 5 years at a rate of 36.8% per year.

Accelerating Growth: Unable to compare PHX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PHX is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (17.4%).


Return on Equity

High ROE: PHX has a negative Return on Equity (-7.9%), as it is currently unprofitable.


Financial Health

How is PHX Minerals's financial position?


Financial Position Analysis

Short Term Liabilities: PHX's short term assets ($12.2M) do not cover its short term liabilities ($15.1M).

Long Term Liabilities: PHX's short term assets ($12.2M) do not cover its long term liabilities ($23.2M).


Debt to Equity History and Analysis

Debt Level: PHX's net debt to equity ratio (19.1%) is considered satisfactory.

Reducing Debt: PHX's debt to equity ratio has reduced from 38.6% to 22.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PHX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PHX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is PHX Minerals's current dividend yield, its reliability and sustainability?

2.33%

Current Dividend Yield


Upcoming Dividend Payment

TodayJan 20 2022Ex Dividend DateFeb 16 2022Dividend Pay DateMar 03 202215 days from Ex DividendBuy in the next 27 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PHX's dividend (2.33%) is higher than the bottom 25% of dividend payers in the US market (1.35%).

High Dividend: PHX's dividend (2.33%) is low compared to the top 25% of dividend payers in the US market (3.48%).


Stability and Growth of Payments

Stable Dividend: PHX's dividend payments have been volatile in the past 10 years.

Growing Dividend: PHX's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: PHX is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: PHX's dividends in 3 years are forecast to be thoroughly covered by earnings (8.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.7yrs

Average management tenure


CEO

Chad Stephens (65 yo)

2.42yrs

Tenure

US$1,208,903

Compensation

Mr. Chad L. Stephens, III, has been Chief Executive Officer of PHX Minerals Inc. (formerly known as Panhandle Oil and Gas Inc.). since January 16, 2020 and its President since May 5, 2020. He served as Int...


CEO Compensation Analysis

Compensation vs Market: Chad's total compensation ($USD1.21M) is above average for companies of similar size in the US market ($USD579.29K).

Compensation vs Earnings: Chad's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PHX's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: PHX's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: PHX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54%.


Top Shareholders

Company Information

PHX Minerals Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: PHX Minerals Inc.
  • Ticker: PHX
  • Exchange: NYSE
  • Founded: 1926
  • Industry: Oil and Gas Exploration and Production
  • Sector: Energy
  • Implied Market Cap: US$88.616m
  • Shares outstanding: 34.48m
  • Website: https://phxmin.com

Number of Employees


Location

  • PHX Minerals Inc.
  • Valliance Bank Tower
  • Suite 1100
  • Oklahoma City
  • Oklahoma
  • 73118
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/19 23:35
End of Day Share Price2022/01/19 00:00
Earnings2021/09/30
Annual Earnings2021/09/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.