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NYSE: PHX

How to Buy Phx Minerals Stock

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Phx Minerals Inc

Phx Minerals is a oil and gas company located in Oklahoma, United States, which is part of the Energy sector, and is traded under the ticker PHX on the NYSE exchange.

Phx Minerals stock last closed at $3.38, down 0.59% from the previous day, and has increased 35.74% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.13 percentage points. Phx Minerals stock is currently +63.29% from its 52-week low of $2.07, and -32.13% from its 52-week high of $4.98.

At the moment, there are 36.43M shares of PHX outstanding. The market value of PHX is $123.14M. In the last 24 hours, 133,072 PHX shares were traded.

How to Buy Phx Minerals Stock

Wondering how to invest in Phx Minerals stock? Here's how.
  1. Choose where to buy Phx Minerals stock: You need to pick an online brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Phx Minerals stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found. It's the best place to buy PHX stock.
  3. Fund your brokerage account: Choose your payment method and add your info.
  4. Analyze Phx Minerals stock: The Phx Minerals ticker symbol is PHX. Is Phx Minerals stock a good investment? Should you buy shares of PHX? How do PHX's underlying business fundamentals look? Do top analysts think Phx Minerals is a good buy? Why has PHX's stock price moved recently? (Hint: Our stock market research website can help you evaluate if PHX is a good stock to buy).
  5. Place your PHX buy order: Decide if you will purchase PHX shares at the current market price or use a limit order to buy PHX stock at a given price.
  6. Monitor your PHX position: Create a watchlist to important updates regarding your new investment in Phx Minerals shares.

Step 1: Choose where to buy Phx Minerals stock

You will need an online brokerage account in order to access the NYSE market and buy PHX shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Get $10 towards your share purchase by opening an account with eToro now.

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Step 2: Create your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in PHX stock today.

How to Open a New Investment Account on eToro

  1. Click here to get started.
  2. Input your personal info to create your new brokerage account.
  1. Submit your application by pressing the "Create Account" button.
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Step 3: Fund your brokerage account

Watch the video below for more details transferring funds into your investment account.

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Step 4: Analyze Phx Minerals stock

It's absolutely critical to analyze stocks prior to buying, so you actually understand the risk and opportunity.

Overview of key PHX info

PHX Price
$3.38
1w %
-7.9%
1y %
35.74%
5y %
-83.35%
P/E
17.79x
P/B
1.26x
P/S
2.95x
PEG
0.26x
Revenue
$39.71M
Earnings
$7.49M
Fore. Rev. Growth
19.81%
Fore. Earn. Growth
76.22%
Market Cap
$123.14M
Next Earnings
Dec 13, 2022
Next Dividend
N/A

Fundamentals of Phx Minerals

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis in less time.

You can view all of the due diligence checks on PHX's stock page.

Is PHX stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge PHX's intrinsic value.

Using relative valuations measures:

  • PHX could be overvalued based on its P/E ratio of 17.79x, relative to Oil & Gas E&P industry P/E ratio of 7.77x
  • PHX could be undervalued based on its P/B ratio of 1.26x, relative to Oil & Gas E&P industry P/B ratio of 2.29x
  • PHX may be undervalued based on its PEG ratio of 0.26x

You can access additional valuation research on PHX's stock here.

How do PHX Financials look?

Passed Health Checks:

  • There are more short-term assets than short-term liabilities on the PHX balance sheet.
  • PHX has $4.49M in cash and short term investments. This is sufficient to cover its annual cash burn of $13.05M.
  • PHX profit margin has gone up from -23.5% to 18.9% in the past year.
  • Total PHX debt is lower than 5 years ago, relative to shareholder equity.

Failed Health Checks:

  • There are more long-term liabilities than short-term assets on the PHX balance sheet.
  • PHX has a relatively high debt to equity ratio of 0.46.
  • PHX has cash burn of 13051469. It does not have sufficient cash and short-term investments to cover this.

Is PHX stock a Buy, Hold, or Sell?

Out of 1 sell side analysts who give ratings on PHX, the consensus analyst rating on Phx Minerals is a Buy

Should I buy or sell PHX stock?

Based on 1 analyst offering ratings for Phx Minerals Inc.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Most Recent PHX Analyst Recommendations

Donovan Schafer, a top 38% analyst from Northland Securities assumes PHX with a buy rating and announces their PHX price target of $6.00, on Oct 3, 2022.

You can dive deeper into what analysts are saying on the Phx Minerals stock forecast page.

PHX Technicals

SMA10
3.57
SMA20
3.64
SMA50
3.71
SMA100
3.51
SMA200
3.38
MACD
-0.08
MACD Signal
-0.05
MACD Histogram
-0.03
RSI
37.29
Stochastic %K
11.29
Stochastic %D
21.7
StochRSI %K
0
StochRSI %D
5.36

PHX Performance Numbers

Last year, PHX earnings were $7.49M. In the past 5 year, PHX's earnings have increased by 0% per year. This was slower than the Oil & Gas E&P industry average of 111.61%.

Last year, PHX revenue was $39.71M. Over the last five year, PHX's revenue has gone up by -1.85% per year. This was slower than the Oil & Gas E&P industry average of 27.18%.

You can analyze PHX's earnings and revenue performance here.

Latest Insiders Trades at PHX

In the past year, insiders at PHX have bought more shares than they have sold.

Edenbrook Capital LLC, 10% Owner of PHX, was the latest PHX insider to buy. They bought $61,243.88 worth of PHX shares on Sep 26, 2022.

Learn more about who owns PHX stock here.

Does PHX provide a stable income stream?

Phx Minerals pays a dividend of 2.22%, compared to the Oil & Gas E&P industry's average dividend yield of 4.28%. If you owned $1,000 of PHX stock, you would have received $22.19 in the past year.

Phx Minerals dividend payments have not consistently grown over the past decade and have not remained stable.

Find more data about Phx Minerals dividend yield and history here.

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One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Place your PHX buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price limit, use a limit order.

Hit the Open Trade button and eToro will place the order.

If you need additional help investing in stocks on eToro, click the helpful video below:

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Step 6: Monitor your PHX position

Now that you own some PHX shares, you'll want to keep up with your shares.

Create a watchlist to get notified of important updates regarding your PHX stock.

PHX Feed

How to Buy Stock in Phx Minerals

To reiterate, here are the 6 steps you need to take to buy Phx Minerals stock right now:

  1. Choose where to buy Phx Minerals stock
  2. Create your brokerage account
  3. Fund your brokerage account
  4. Analyze Phx Minerals stock
  5. Place your PHX buy order
  6. Monitor your PHX position

If you require a place to buy stocks, eToro is our recommended option.

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If you want to get notifications regarding your new investment in Phx Minerals, create a watchlist on WallStreetZen today.

NYSE: PHX
$3.38-0.02 (-0.59%)
Updated Dec 8, 2022
Open eToro Account
NYSE: PHX
$3.38-0.02 (-0.59%)
Updated Dec 8, 2022
Open eToro Account

FAQ

How much does it cost to buy one Phx Minerals share?

As of Dec 8, 2022, it costs $3.38 to buy one share of Phx Minerals stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.296 shares of PHX.

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Is now a good time to buy Phx Minerals stock?

According to 1 Wall Street analysts who monitor Phx Minerals, their consensus recommendation is to buy Phx Minerals stock.

What is the best way to buy Phx Minerals stock?

The best way to buy Phx Minerals stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.