PHX Minerals (PHX) Scheduled to Post Quarterly Earnings on Monday

PHX Minerals (NYSE:PHX) is set to issue its quarterly earnings data before the market opens on Monday, September 23rd. Analysts expect the company to announce earnings of $0.01 per share for the quarter.

PHX Minerals (NYSE:PHX) last announced its quarterly earnings data on Wednesday, August 7th. The oil and gas producer reported $0.04 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.02. PHX Minerals had a net margin of 14.38% and a return on equity of 5.35%. The business had revenue of $9.54 million during the quarter, compared to analyst estimates of $7.40 million. During the same quarter in the prior year, the business earned ($0.02) earnings per share.

PHX Minerals Stock Up 0.9 %

PHX stock opened at $3.44 on Friday. PHX Minerals has a twelve month low of $2.95 and a twelve month high of $3.81. The company has a quick ratio of 3.98, a current ratio of 3.98 and a debt-to-equity ratio of 0.23. The company has a market cap of $128.86 million, a PE ratio of 31.27 and a beta of 0.57. The business’s 50-day simple moving average is $3.33 and its 200 day simple moving average is $3.29.

PHX Minerals Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 6th. Stockholders of record on Friday, August 23rd were issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 4.65%. The ex-dividend date was Friday, August 23rd. This is a positive change from PHX Minerals’s previous quarterly dividend of $0.03. PHX Minerals’s dividend payout ratio (DPR) is presently 145.45%.

About PHX Minerals

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. The company sells its products to various purchasers, including pipeline and marketing companies.