PHX Minerals (FRA:5AH) Net Developed Acreage # : 0.00 (As of . 20)

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What is PHX Minerals Net Developed Acreage #?

Net Developed Acreage # reflects the number of acres which are allocated or assignable to producing wells or wells capable of production.

The historical rank and industry rank for PHX Minerals's Net Developed Acreage # or its related term are showing as below:

FRA:5AH's Net Developed Acreage # is not ranked ^*
in the Oil & Gas industry.
Industry Median:
* Ranked among companies with meaningful Net Developed Acreage # only.

PHX Minerals Net Developed Acreage # Historical Data

The historical data trend for PHX Minerals's Net Developed Acreage # 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 Net Developed Acreage # Chart

PHX Minerals (FRA:5AH) Net Developed Acreage # Explanation

Net Developed Acreage # is the amount of leased real estate that a petroleum and/or natural gas company holds, pertaining to a company's true working interest. If a company holds the entire working interest for a particular project, its net acreage and gross acreage will be the same.

Net acres can be construed as a measure of a company's potential for revenue, and increases or decreases in the figure are indicators of expansion or contraction. It can be calculated on a per project basis by multiplying the gross acres with the percentage of ownership.

PHX Minerals Net Developed Acreage # 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 » Net Developed Acreage #

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Traded in Other Exchanges

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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