Press coverage about Panhandle Oil and Gas (NYSE:PHX) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Panhandle Oil and Gas earned a news sentiment score of 0.07 on Accern’s scale. Accern also gave headlines about the oil and gas producer an impact score of 47.0776636094039 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Separately, ValuEngine lowered Panhandle Oil and Gas from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st.
Panhandle Oil and Gas (NYSE:PHX) opened at $22.70 on Friday. The company has a quick ratio of 2.83, a current ratio of 2.83 and a debt-to-equity ratio of 0.45. Panhandle Oil and Gas has a 52 week low of $17.55 and a 52 week high of $25.30. The firm has a market capitalization of $376.92, a PE ratio of 108.10 and a beta of 0.47.
In related news, Director H Grant Swartzwelder sold 6,959 shares of Panhandle Oil and Gas stock in a transaction dated Saturday, December 29th. The stock was sold at an average price of $20.57, for a total value of $143,146.63. Following the completion of the transaction, the director now owns 9,243 shares in the company, valued at approximately $190,128.51. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Robert Robotti sold 2,082 shares of Panhandle Oil and Gas stock in a transaction dated Wednesday, December 27th. The shares were sold at an average price of $21.70, for a total value of $45,179.40. The disclosure for this sale can be found here. In the last 90 days, insiders sold 16,000 shares of company stock valued at $331,473. 7.70% of the stock is owned by company insiders.
ILLEGAL ACTIVITY NOTICE: “Panhandle Oil and Gas (PHX) Earns Daily News Sentiment Rating of 0.07” was first posted by Community Financial News and is the sole property of of Community Financial News. If you are accessing this report on another website, it was stolen and reposted in violation of US & international copyright laws. The legal version of this report can be viewed at https://www.com-unik.info/2018/01/13/panhandle-oil-and-gas-phx-earns-daily-news-sentiment-rating-of-0-07.html.
Panhandle Oil and Gas Company Profile
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.
What are top analysts saying about Panhandle Oil and Gas? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Panhandle Oil and Gas and related companies.