PHX Minerals Inc. – Consensus Indicates Potential 41.0% Upside

Broker Ratings

PHX Minerals Inc. with ticker code (PHX) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 4.5 and 4 calculating the mean target price we have 4.33. Given that the stocks previous close was at 3.07 this indicates there is a potential upside of 41.0%. The day 50 moving average is 3.17 and the 200 day moving average is 3.06. The company has a market cap of $94m. You can visit the company’s website by visiting: http://www.phxmin.com

PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. It owns approximately 253,000 net mineral acres principally located in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas. As of September 30, 2020, it had proved reserves of 57.7 Bcfe. It sells its products to pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma.

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