How to Buy Phx Minerals Stock
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 $3.46, down 1.98% from the previous day, and has increased 32.57% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 0.1 percentage points. Phx Minerals stock is currently +37.85% from its 52-week low of $2.51, and -11.05% from its 52-week high of $3.89.
At the moment, there are 37.44M shares of PHX outstanding. The market value of PHX is $129.54M. In the last 24 hours, 57,172 PHX shares were traded.
How to Buy Phx Minerals Stock
Wondering how to invest in Phx Minerals stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Choose your payment method and add your info.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
Based on our experience, eToro is the best brokerage. eToro gives you:
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Get $10 towards your share purchase by opening an account with eToro now.
Open eToro AccountStep 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
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to create your new brokerage account.
- Submit your application by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on the best stock trading app, you need to deposit funds:
Watch the tutorial below to see the process of depositing money into your investment account.
Step 4: Analyze Phx Minerals stock
Once you have identified the best place to buy Phx Minerals stock, it's crucial to research their stock before you invest, so you truly wrap your head around the risk and upside.
Phx Minerals stock quick numbers
PHX Fundamentals
WallStreetZen was created to help everyday investors do more in-depth fundamental analysis.
You can see all of the due diligence checks on PHX's stock page.
How is PHX stock valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PHX's intrinsic value.
Using relative valuations measures:
- PHX may be undervalued based on its P/E ratio of 8.87x, relative to Oil & Gas E&P industry P/E ratio of 15.49x
- PHX may be undervalued based on its P/B ratio of 1.05x, relative to Oil & Gas E&P industry P/B ratio of 2.17x
- PHX could be undervalued based on its PEG ratio of 0.23x
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.
- Total PHX debt is lower than 5 years ago, relative to shareholder equity.
- PHX has a low debt to equity ratio of 0.35.
- PHX profit margin has gone up from 31% to 31.3% in the past year.
Failed Health Checks:
- There are more long-term liabilities than short-term assets on the PHX balance sheet.
- PHX has cash burn of 5890360. It does not have sufficient cash and short-term investments to cover this.
- PHX has $806.25k in cash and short term investments. This is not sufficient to cover its annual cash burn of $5.89M.
Is PHX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Equities analysts who monitor PHX, the consensus analyst rating on Phx Minerals is a Strong Buy
Please note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Phx Minerals stock forecast page.
Metrics for Advanced PHX Traders
PHX Performance Metrics
Last year, PHX earnings were $13.92M. During the past five year, PHX's earnings have gone up by -13.17% per year. This was slower than the Oil & Gas E&P industry average of 12.91%.
Last year, PHX revenue was $44.46M. In the last 5 year, PHX's revenue has gone up by -5.46% per year. This was slower than the Oil & Gas E&P industry average of 19.16%.
Dive into PHX's earnings and revenue performance here.
What are PHX executives and large shareholders up to?
In the past 12 months, insiders at PHX have sold more shares than they have bought.
Chad True, Principal Accounting Officer of PHX, was the latest PHX insider to buy. They bought $3,220.00 worth of PHX stock on Mar 26, 2024.
Dig into more about who owns PHX stock here.
Does PHX stock generate passive income?
Phx Minerals pays a dividend of 3.03%, compared to the Oil & Gas E&P industry's average dividend yield of 3.55%. If you owned $1,000 worth of PHX stock, you would have been paid $30.35 in the past year.
Phx Minerals dividend payments have not consistently grown over the past decade and have not remained stable.
Find more info about Phx Minerals dividend yield and history here.
Get analysis from other investors
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your PHX buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to ensure you're buying or selling at a given price, place a limit order.
Click the Open button and eToro will place the order.
If you want more help with buying stocks on eToro, click the helpful video below:
Step 6: Monitor your PHX position
Now that you own some PHX stock, you'll want to keep up with your new stock purchase.
Add PHX to a watchlist to keep track of your PHX stock.
PHX Feed
How to Buy Stock in Phx Minerals
To summarize, here are the 6 steps you need to take to buy Phx Minerals stock right now:
- Choose where to buy Phx Minerals stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Phx Minerals stock
- Place your PHX buy order
- Monitor your PHX position
If you require a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Phx Minerals, hit the button below to create your watchlist.
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