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PHX Minerals (PHX Minerals) 12-1 Month Momentum % : 23.02% (As of Apr. 27, 2024)


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What is PHX Minerals 12-1 Month Momentum %?

12-1 Month Momentum % is the total return of the stock from 12-month ago to 1-month ago. As of today (2024-04-27), PHX Minerals's 12-1 Month Momentum % is 23.02%.

The industry rank for PHX Minerals's 12-1 Month Momentum % or its related term are showing as below:

PHX's 12-1 Month Momentum % is ranked better than
71.05% of 1088 companies
in the Oil & Gas industry
Industry Median: -0.58 vs PHX: 23.02

Competitive Comparison of PHX Minerals's 12-1 Month Momentum %

For the Oil & Gas E&P subindustry, PHX Minerals's 12-1 Month Momentum %, along with its competitors' market caps and 12-1 Month Momentum % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


PHX Minerals's 12-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PHX Minerals's 12-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where PHX Minerals's 12-1 Month Momentum % falls into.



PHX Minerals  (NYSE:PHX) 12-1 Month Momentum % Calculation

12-1 Month Momentum % is calculated as following:

12-1 Month Momentum %=( Price 1-month ago / Price 12-month ago - 1 ) * 100 %

* 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.


PHX Minerals  (NYSE:PHX) 12-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 12-1 Month Momentum % measures the total return to a stock over the past twelve months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


PHX Minerals 12-1 Month Momentum % Related Terms

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PHX Minerals (PHX Minerals) Business Description

Traded in Other Exchanges
Address
1320 South University Drive, Suite 720, Fort Worth, TX, USA, 76107
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.
Executives
Edenbrook Capital, Llc 10 percent owner 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Chad True officer: Principal Accounting Officer 2113 NW 59TH PLACE, OKLAHOMA CITY OK 73112
Raphael D'amico officer: VP - Business Development 5400 NORTH GRAND BOULEVARD, SUITE 300, OKLAHOMA CITY OK 73112
Chad L Stephens director 100 THROCKMORTON, SUITE 1200, FORT WORTH TX 76102
Srp Capital Advisors, Llc 10 percent owner 3811 TURTLE CREEK BLVD., SUITE 1100, DALLAS TX 75219
Steven L Packebush director 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116-2238
Peter B Delaney director P.O. BOX 321, OKLAHOMA CITY OK 73101
Christopher T. Fraser director 9555 WEST SAM HOUSTON PARKWAY SOUTH, SUITE 600, HOUSTON TX 77099
Glen A Brown director P.O. BOX 268836, OKLAHOMA CITY OK 73126
William T Fennebresque 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Srpo-ii Manager, Lp 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Cwep-srpoii Investments, Llc other: See Explanation of Responses 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Palmetto Investment Partners, Llc other: See Explanation of Responses 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Palmetto Investment Partners Ii, Llc 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219
Ryan A Turner 10 percent owner 3811 TURTLE CREEK BLVD, SUITE 1100, DALLAS TX 75219