Panhandle Oil & Gas (PHX) Releases Quarterly Earnings
Panhandle Oil & Gas (NYSE:PHX) posted its quarterly earnings results on Thursday. The company reported $0.61 earnings per share for the quarter, Analyst Ratings Network.com reports.
Panhandle Oil & Gas (NYSE:PHX) traded down 1.12% during mid-day trading on Thursday, hitting $64.71. 7,175 shares of the company’s stock traded hands. Panhandle Oil & Gas has a 52 week low of $27.27 and a 52 week high of $68.89. The stock’s 50-day moving average is $60.99 and its 200-day moving average is $48.85. The company has a market cap of $533.0 million and a price-to-earnings ratio of 25.58.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 4th. Stockholders of record on Thursday, August 21st will be paid a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.48%. The ex-dividend date is Tuesday, August 19th.
Panhandle Oil and Gas Inc (NYSE:PHX) is engaged in the acquisition, management and development of oil and natural gas properties, including wells located on its mineral and leasehold acreage.
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