News coverage about Panhandle Oil and Gas (NYSE:PHX) has been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Panhandle Oil and Gas earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media headlines about the oil and gas producer an impact score of 46.505831645143 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
Separately, ValuEngine upgraded shares of Panhandle Oil and Gas from a “sell” rating to a “hold” rating in a research report on Wednesday, May 9th.
Shares of NYSE:PHX opened at $19.90 on Wednesday. The company has a market cap of $328.81 million, a PE ratio of 94.76 and a beta of 0.50. Panhandle Oil and Gas has a twelve month low of $17.65 and a twelve month high of $25.30. The company has a quick ratio of 1.92, a current ratio of 1.92 and a debt-to-equity ratio of 0.33.
Panhandle Oil and Gas (NYSE:PHX) last announced its quarterly earnings data on Monday, May 7th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.05). Panhandle Oil and Gas had a net margin of 34.83% and a return on equity of 3.66%. The firm had revenue of $11.42 million during the quarter, compared to analyst estimates of $13.60 million. equities research analysts forecast that Panhandle Oil and Gas will post 1.11 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 19th. Investors of record on Tuesday, June 5th were given a $0.04 dividend. The ex-dividend date was Monday, June 4th. This represents a $0.16 annualized dividend and a dividend yield of 0.80%. Panhandle Oil and Gas’s dividend payout ratio is presently 76.19%.
About Panhandle Oil and Gas
Panhandle Oil and Gas Inc acquires, develops, and manages oil and natural gas properties in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its mineral and leasehold properties are located in Arkansas, New Mexico, North Dakota, Oklahoma, and Texas. As of September 30, 2017, the company owned perpetual ownership of 255,039 net mineral acres; leased 19,351 net acres; and held working and royalty interests in 6,095 producing oil and natural gas wells, as well as 63 wells in the process of being drilled or completed.
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