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 $2.62, down 3.32% from the previous day, and has decreased 14.38% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.16 percentage points. Phx Minerals stock is currently +12.45% from its 52-week low of $2.33, and -47.39% from its 52-week high of $4.98.
At the moment, there are 36.5M shares of PHX outstanding. The market value of PHX is $95.64M. In the last 24 hours, 142,262 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.
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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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 Price
$2.62
1w %
7.38%
1y %
-14.38%
5y %
-86.14%
P/E
5.46x
P/B
0.87x
P/S
1.69x
PEG
N/A
Revenue
$55.16M
Earnings
$17.07M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$95.64M
Next Earnings
May 8, 2023
Next Dividend
N/A
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 5.46x, relative to Oil & Gas E&P industry P/E ratio of 6.86x
PHX may be undervalued based on its P/B ratio of 0.87x, relative to Oil & Gas E&P industry P/B ratio of 1.96x
You can access additional valuation analysis on PHX's stock here.
Is PHX a healthy company?
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 $2.12M in cash and short term investments. This is sufficient to cover its annual cash burn of $7.79M.
PHX profit margin has gone up from 3.3% to 31% in the past year.
Failed Health Checks:
PHX has cash burn of 7792014. It does not have sufficient cash and short-term investments to cover this.
PHX has a relatively high debt to equity ratio of 0.41.
There are more long-term liabilities than short-term assets on the PHX balance sheet.
Is PHX stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 Equities analysts who give recommendations on PHX, the consensus analyst rating on PHX is a Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent PHX Analyst Upgrades/Downgrades
Donovan Schafer, a bottom 16% analyst from Northland Securities maintains PHX with a buy rating and lowers their PHX price target from $7.00 to $5.50, on Feb 13, 2023.
Last year, PHX earnings were $17.07M. Over the last 5 year, PHX's earnings have grown by -16.03% per year. This was slower than the Oil & Gas E&P industry average of 62.87%.
Last year, PHX revenue was $55.16M. During the past five year, PHX's revenue has gone up by 1.26% per year. This was slower than the Oil & Gas E&P industry average of 33.87%.
Phx Minerals pays a dividend of 3.15%, compared to the Oil & Gas E&P industry's average dividend yield of 5.11%. If you owned $1,000 worth of PHX stock, you would have received $31.49 in the past year.
Phx Minerals dividend payments have not consistently grown over the past decade and have not remained stable.
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Step 5: Place your PHX buy order
You have two primary options:
Market order: A market order is an order to buy or sell a stock at the best available price. Market orders are mostly fine for most investors.
Limit order: A limit order allows you to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at an exact price limit, use a limit order.
Press the Open button and eToro will place the order.
If you need additional help buying stocks on eToro, watch the helpful video below:
How much does it cost to buy one Phx Minerals share?
As of Mar 31, 2023, it costs $2.62 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 0.382 shares of PHX.
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.