PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. As of September 30, 2021, the company owned perpetual ownership of 251,600 net mineral acres; leased 18,298 net acres; and held working interests and royalty interests in 6,457 producing oil and natural gas wells, as well as had 277 wells in the process of being drilled or completed. It sells its products to various purchasers, including pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma.
P/B ratio for PHX Minerals Inc. (PHX)
P/B ratio as of 2023: 0.94
According to PHX Minerals Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.94. At the end of 2022 the company had a P/B ratio of 1.03.
P/B ratio history for PHX Minerals Inc. from 1991 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.94 |
| 2022 | 1.03 |
| 2021 | 1.01 |
| 2020 | 0.39 |
| 2019 | 2.95 |
| 2018 | 2.38 |
| 2017 | 3.45 |
| 2016 | 2.56 |
| 2015 | 2.13 |
| 2014 | 4.19 |
| 2013 | 2.47 |
| 2012 | 3.13 |
| 2011 | 3.02 |
| 2010 | 2.83 |
| 2009 | 2.80 |
| 2008 | 3.56 |
| 2007 | 3.92 |
| 2006 | 3.11 |
| 2005 | 4.65 |
| 2004 | 2.50 |
| 2003 | 2.10 |
| 2002 | 1.73 |
| 2001 | 1.84 |
| 2000 | 2.16 |
| 1999 | 1.35 |
| 1998 | 1.65 |
| 1997 | 2.02 |
| 1996 | 1.74 |
| 1995 | 1.74 |
| 1994 | 1.82 |
| 1993 | 1.52 |
| 1992 | 1.59 |
| 1991 | 1.32 |