Panhandle Royalty (NYSE:PHX) will be announcing its earnings results after the market closes on Tuesday, December 12th.

Shares of Panhandle Royalty (NYSE PHX) opened at $21.10 on Tuesday. The company has a current ratio of 1.56, a quick ratio of 1.56 and a debt-to-equity ratio of 0.43. Panhandle Royalty has a 1 year low of $17.55 and a 1 year high of $27.70. The firm has a market capitalization of $363.36, a price-to-earnings ratio of 108.25 and a beta of 0.47.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 7th. Investors of record on Wednesday, November 22nd will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $0.16 annualized dividend and a dividend yield of 0.76%. Panhandle Royalty’s dividend payout ratio is currently 80.00%.

Several brokerages recently weighed in on PHX. ValuEngine downgraded Panhandle Royalty from a “hold” rating to a “sell” rating in a research report on Wednesday, November 22nd. BidaskClub upgraded Panhandle Royalty from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 26th.

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About Panhandle Royalty

Panhandle Oil and Gas Inc is engaged in the acquisition, management and development of non-operated oil and natural gas properties, including wells located on its mineral and leasehold acreage. The Company’s mineral and leasehold properties are located primarily in Arkansas, New Mexico, North Dakota, Oklahoma and Texas, with properties also located in various other states.

Earnings History for Panhandle Royalty (NYSE:PHX)

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