PHX Minerals Inc. – Consensus Indicates Potential 49.2% Upside

Broker Ratings

PHX Minerals Inc. with ticker code (PHX) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 7 and 4 calculating the mean target price we have 5.73. With the stocks previous close at 3.84 this indicates there is a potential upside of 49.2%. The 50 day MA is 3.76 and the 200 day MA is 3.43. The company has a market cap of $142m. Find out more information at: https://phxmin.com

The potential market cap would be $213m based on the market concensus.

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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. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. As of September 30, 2022, the company owned perpetual ownership of 244,739 net mineral acres; leased 16,260 net acres; and held working interests and royalty interests in 6,326 producing oil and natural gas wells, as well as had 172 wells in the process of being drilled or completed. It also sells its products to various purchasers, including 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 headquartered in Fort Worth, Texas.

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