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Panhandle Royalty Company (NYSE:PHX) Scheduled to Post Earnings on Monday
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Panhandle Royalty (NYSE:PHX) last posted its quarterly earnings data on Friday, May 5th. The oil and gas producer reported $0.21 EPS for the quarter. The firm had revenue of $13.96 million during the quarter. Panhandle Royalty had a net margin of 2.88% and a return on equity of 1.04%. On average, analysts expect Panhandle Royalty to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Panhandle Royalty Company (NYSE PHX) opened at 21.35 on Friday. The company’s 50 day moving average is $22.71 and its 200 day moving average is $20.62. The company has a market cap of $355.86 million, a price-to-earnings ratio of 305.00 and a beta of 0.55. Panhandle Royalty Company has a 1-year low of $15.67 and a 1-year high of $27.70.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 7th. Shareholders of record on Tuesday, August 22nd will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Friday, August 18th. This represents a $0.16 dividend on an annualized basis and a yield of 0.75%. Panhandle Royalty’s payout ratio is currently 200.03%.
A number of brokerages have recently commented on PHX. BidaskClub cut shares of Panhandle Royalty from a “sell” rating to a “strong sell” rating in a report on Friday. TheStreet raised shares of Panhandle Royalty from a “d+” rating to a “c” rating in a research note on Friday, May 5th.
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Panhandle Royalty Company Profile
Panhandle Oil and Gas Inc is engaged in the acquisition, management and development of non-operated oil and natural gas properties, including wells located on its mineral and leasehold acreage. The Company’s mineral and leasehold properties are located primarily in Arkansas, New Mexico, North Dakota, Oklahoma and Texas, with properties also located in various other states.