Company: PHX Minerals Inc. (PHX)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: PHX Minerals Inc is an oil and natural gas mineral company that has employed a plan to shift the core of its business away from drilling and toward perpetual mineral and natural gas ownership. The company owns substantial mineral acreage, principally in Oklahoma, North Dakota, Texas, New Mexico, and Arkansas, but still maintains legacy interests in natural gas and oil properties that have retired operations. The revenues is derived from royalties granted from the production and sale of natural gas, oil and NGL, and the remaining portion of its revenues is derived from the production and sale of natural gas, oil and NGL on its working interests. -Morningstar.com-
Symbol: PHX
Recent Price: $3.18
Dividends: $0.12
Yield: 3.77%
Sector: Energy
Industry: Oil & Gas E&P
Address & Company Phone #: Valliance Bank Tower Suite 1100 1601 NW Expressway Oklahoma City OK 73118, 405-948-1560
Transfer Agent: Computershare 800-982-7652
Moody’s Rating: NR
Minimum & Maximum Investment: $10 – $250,000/year
Investment Dates: Weekly
Shares to Qualify: 1 Share or $25
Fees: Div.: 5% of amount invested up to $5 Max Cash: $5+5¢/sh. Cert: Sells: by Mail, Phone or Internet for $25+12¢/sh.
52 Week High & Low: $3.89, $2.33