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PHX Minerals (FRA:5AH) 6-Month Price Index : 0.98 (As of May. 25, 2024)


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What is PHX Minerals 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-25), PHX Minerals's 6-Month Price Index is 0.98.

Competitive Comparison of PHX Minerals's 6-Month Price Index

For the Oil & Gas E&P subindustry, PHX Minerals's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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  (FRA:5AH) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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  (FRA:5AH) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

PHX Minerals 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of PHX Minerals's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

PHX Minerals (FRA:5AH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PHX Minerals Inc (FRA:5AH) » Definitions » 6-Month Price Index
Comparable Companies
EP WTRV TRLM EPSN MVO VOC BATL PED CRT PNRG COP HKSE:00883 TSX:CNQ EOG PXD OXY HES MIC:NVTK FANG ASX:WDS
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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