PHX stock icon

PHX Minerals
PHX

$3.29
3.4%

Market Cap: 123M

 

About: 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.

Employees: 20

0
Funds holding %
of 6,702 funds
Analysts bullish %
News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

3% more capital invested

Capital invested by funds: $45M [Q4 2023] → $46.6M (+$1.57M) [Q1 2024]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

1.29% less ownership

Funds ownership: 37.8% [Q4 2023] → 36.51% (-1.29%) [Q1 2024]

12% less funds holding

Funds holding: 60 [Q4 2023] → 53 (-7) [Q1 2024]

45% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 20

54% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 13

Research analyst outlook

1 Wall Street Analyst provided 1 year price forecasts over the past 6 months

Low target
$4.30
31%
upside
Avg. target
$4.30
31%
upside
High target
$4.30
31%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Northland Capital Markets
Donovan Schafer
31%upside
$4.3
Outperform
Maintained
15 Mar 2024

Financial journalist opinion