Barclays PLC Takes $37,000 Position in PHX Minerals Inc. (NYSE:PHX)

Barclays PLC purchased a new stake in PHX Minerals Inc. (NYSE:PHX) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 10,960 shares of the oil and gas producer’s stock, valued at approximately $37,000.

Other large investors also recently bought and sold shares of the company. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of PHX Minerals in the third quarter valued at about $44,000. James Investment Research Inc. boosted its holdings in PHX Minerals by 40.9% in the 3rd quarter. James Investment Research Inc. now owns 15,500 shares of the oil and gas producer’s stock worth $52,000 after buying an additional 4,500 shares during the last quarter. Empowered Funds LLC increased its stake in PHX Minerals by 5.4% during the 3rd quarter. Empowered Funds LLC now owns 128,844 shares of the oil and gas producer’s stock worth $435,000 after buying an additional 6,566 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of PHX Minerals by 12.0% during the third quarter. Geode Capital Management LLC now owns 302,568 shares of the oil and gas producer’s stock valued at $1,023,000 after acquiring an additional 32,406 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of PHX Minerals by 5.0% in the second quarter. Dimensional Fund Advisors LP now owns 1,631,869 shares of the oil and gas producer’s stock valued at $5,320,000 after acquiring an additional 78,008 shares in the last quarter. Institutional investors and hedge funds own 38.19% of the company’s stock.

PHX Minerals Stock Performance

NYSE:PHX opened at $4.00 on Friday. The company has a market cap of $149.92 million, a P/E ratio of 30.77 and a beta of 0.57. PHX Minerals Inc. has a twelve month low of $2.95 and a twelve month high of $4.15. The company’s 50-day moving average price is $3.89 and its 200-day moving average price is $3.58. The company has a current ratio of 3.19, a quick ratio of 3.19 and a debt-to-equity ratio of 0.22.

PHX Minerals (NYSE:PHX) last released its quarterly earnings data on Wednesday, November 6th. The oil and gas producer reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The business had revenue of $9.14 million during the quarter. PHX Minerals had a net margin of 12.33% and a return on equity of 4.16%. During the same period last year, the firm posted $0.07 EPS.

PHX Minerals Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 4.00%. The ex-dividend date was Thursday, November 21st. PHX Minerals’s dividend payout ratio (DPR) is currently 123.09%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on PHX Minerals in a research report on Tuesday, January 21st. They set a “hold” rating for the company.

PHX Minerals Company Profile

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. The company sells its products to various purchasers, including pipeline and marketing companies.