PHX Minerals Inc. with ticker code (PHX) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 5.6 and 4 with a mean TP of 5.03. With the stocks previous close at 2.93 this indicates there is a potential upside of 71.7%. The 50 day MA is 3.63 while the 200 day moving average is 3.51. The market capitalisation for the company is $107m. Visit the company website at: https://phxmin.com
The potential market cap would be $184m 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. It 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 based in Oklahoma City, Oklahoma.