Panhandle Oil And Gas traded at $3.42 this Tuesday April 9th, decreasing $0.04 or 1.16 percent since the previous trading session. Looking back, over the last four weeks, Panhandle Oil And Gas lost 13.25 percent. Over the last 12 months, its price rose by 29.55 percent. Looking ahead, we forecast Panhandle Oil And Gas to be priced at 3.32 by the end of this quarter and at 3.03 in one year, according to Trading Economics global macro models projections and analysts expectations.
PHX Minerals Inc. is a natural gas and oil mineral company. The Company is an owner and manager of perpetual natural gas and oil mineral interests in resource plays in the United States. The Company also owns interests in leasehold acreage and non-operated working interests in natural gas and oil properties. Exploration and development of its oil and natural gas properties are conducted by third-party oil and natural gas exploration and production companies. The Company's focus is on growth through mineral acquisitions and development of its mineral acreage inventory in its core areas of focus, which include the SCOOP, STACK and Arkoma Stack plays in Oklahoma, the Permian Basin in Texas and New Mexico, the Haynesville and Eagle Ford plays in Texas, the Fayetteville play in Arkansas, and the Bakken/Three Forks play in North Dakota.