Insider Selling: H Grant Swartzwelder Unloads 4,000 Shares of Panhandle Oil & Gas Stock (PHX)
Panhandle Oil & Gas (NYSE:PHX) Director H Grant Swartzwelder unloaded 4,000 shares of Panhandle Oil & Gas stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $66.00, for a total value of $264,000.00. Following the transaction, the director now directly owns 4,925 shares of the company’s stock, valued at approximately $325,050. The sale was disclosed in a filing with the SEC, which is available at this link.
Panhandle Oil & Gas (NYSE:PHX) traded down 2.16% on Tuesday, hitting $63.08. The stock had a trading volume of 34,437 shares. 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 $61.47 and its 200-day moving average is $49.33. The company has a market cap of $519.7 million and a price-to-earnings ratio of 25.15.
Panhandle Oil & Gas (NYSE:PHX) last announced its earnings results on Thursday, August 7th. The company reported $0.61 earnings per share (EPS) for the quarter.
The company also recently announced a quarterly dividend, which is scheduled for Thursday, September 4th. Shareholders 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 0.51%. 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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