Panhandle Oil and Gas (PHX) Sets New 1-Year Low at $17.10
Panhandle Oil and Gas Inc. (NYSE:PHX) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as $17.10 and last traded at $17.50, with a volume of 7645 shares. The stock had previously closed at $17.62.
The company has a debt-to-equity ratio of 0.31, a current ratio of 1.28 and a quick ratio of 1.28. The firm has a market capitalization of $295.64 million, a PE ratio of 83.95 and a beta of 0.34.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 6th. Stockholders of record on Wednesday, November 21st will be issued a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Tuesday, November 20th. Panhandle Oil and Gas’s dividend payout ratio is currently 76.19%.
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Panhandle Oil and Gas Company Profile (NYSE:PHX)
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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