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 $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.
  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.
  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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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

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.

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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 Price
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Next Earnings
May 8, 2023
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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.

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

PHX Trading Indicators

MACD Signal
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PHX Growth Numbers

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%.

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

Are PHX executives and large shareholders buying or selling the stock?

In the past 12 months, 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 $7,973.00 worth of PHX shares on Mar 17, 2023.

Research more about who owns PHX stock here.

Does PHX provide a stable income stream?

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.

Get more analysis about Phx Minerals dividend yield and history here.

What do other investors have to say about PHX?

One of the reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other traders have to say.

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:

Open eToro Account

Step 6: Monitor your PHX position

Now that you own some PHX stock, you'll want to stay up-to-date on your new company.

Create a watchlist to see the latest developments about your PHX stock.

PHX Feed

How to Buy Stock in Phx Minerals

To reiterate, here are the 6 steps to buy stock in Phx Minerals:

  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 brokerage account, eToro is our recommended option.

Get Started with eToro Today

If you would like to watch your new investment in Phx Minerals, create a watchlist on WallStreetZen today.

$2.62-0.09 (-3.32%)
Updated Mar 31, 2023
Open eToro Account
$2.62-0.09 (-3.32%)
Updated Mar 31, 2023
Open eToro Account


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.

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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?

One way to place an order for Phx Minerals stock is with a brokerage account.
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.