Headlines about Panhandle Oil and Gas (NYSE:PHX) have been trending somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Panhandle Oil and Gas earned a news impact score of 0.11 on Accern’s scale. Accern also gave news coverage about the oil and gas producer an impact score of 45.8824337684154 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Panhandle Oil and Gas (NYSE PHX) opened at $18.95 on Wednesday. The stock has a market capitalization of $330.00, a PE ratio of 16.48 and a beta of 0.56. Panhandle Oil and Gas has a 1 year low of $17.55 and a 1 year high of $25.30. The company has a debt-to-equity ratio of 0.39, a current ratio of 2.74 and a quick ratio of 2.74.

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Panhandle Oil and Gas (NYSE:PHX) last issued its quarterly earnings results on Tuesday, December 12th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter. The company had revenue of $12.90 million for the quarter. Panhandle Oil and Gas had a return on equity of 5.79% and a net margin of 37.76%. sell-side analysts predict that Panhandle Oil and Gas will post 1.11 EPS for the current year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 8th. Stockholders of record on Tuesday, February 20th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.84%. The ex-dividend date was Friday, February 16th. Panhandle Oil and Gas’s dividend payout ratio is currently 13.91%.

Several research firms have commented on PHX. Roth Capital began coverage on shares of Panhandle Oil and Gas in a research report on Thursday, February 22nd. They set a “buy” rating and a $27.00 target price on the stock. ValuEngine downgraded shares of Panhandle Oil and Gas from a “hold” rating to a “sell” rating in a research report on Wednesday, November 22nd.

In other news, Director H Grant Swartzwelder sold 6,959 shares of the firm’s stock in a transaction dated Friday, December 29th. The stock was sold at an average price of $20.57, for a total value of $143,146.63. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Robert Robotti sold 2,082 shares of the firm’s 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. Over the last ninety days, insiders sold 16,000 shares of company stock worth $331,473. 6.90% of the stock is currently owned by company insiders.

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About Panhandle Oil and Gas

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.

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