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PHX Minerals (FRA:5AH) Dry Hole Expense (USD Mil) : 0.00 (As of . 20)


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What is PHX Minerals Dry Hole Expense (USD Mil)?

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well.

The historical rank and industry rank for PHX Minerals's Dry Hole Expense (USD Mil) or its related term are showing as below:

FRA:5AH's Dry Hole Expense (USD Mil) is not ranked *
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Dry Hole Expense (USD Mil) only.

PHX Minerals Dry Hole Expense (USD Mil) Historical Data

The historical data trend for PHX Minerals's Dry Hole Expense (USD Mil) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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PHX Minerals Dry Hole Expense (USD Mil) Chart


PHX Minerals  (FRA:5AH) Dry Hole Expense (USD Mil) Explanation

Dry Hole Expense (USD Mil) means the cost incurred to drill an exploratory or developmental well that was found to be incapable of producing sufficient oil or gas to justify completion as an oil or gas well. It includes all costs including drilling the well and testing for the presence of hydrocarbons,as well as the costs for leasing land, seismic purchase and reprocessing.

PHX Minerals Dry Hole Expense (USD Mil) Related Terms

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PHX Minerals (FRA:5AH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PHX Minerals Inc (FRA:5AH) » Definitions » Dry Hole Expense (USD Mil)
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PHX:USA
Address
1320 South University Drive, Suite 720, Fort Worth, TX, USA, 76107
Website
https://www.phxmin.com
PHX Minerals, previously Panhandle Oil & Gas, is an oil and natural gas mineral company that has employed a strategy 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 sale of natural gas, natural gas liquids, and oil continues to be the primary source of the company's revenue.

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