Monday, June 2, 2025
Social icon element need JNews Essential plugin to be activated.
No Result
View All Result
Stocks and Markets Update
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis
No Result
View All Result
Stocks and Markets Update
No Result
View All Result

Phx Minerals CFO acquires $10.6k in company stock By Investing.com

March 14, 2024
in Business
Reading Time: 2 mins read
A A
0
Phx Minerals CFO acquires $10.6k in company stock By Investing.com

[ad_1]

Phx Minerals CFO acquires $10.6k in company stock
© Reuters.

In a current transfer that alerts confidence in PHX Minerals Inc. (NYSE:PHX), the corporate’s Senior Vice President and Chief Monetary Officer, Raphael D’Amico, has made a notable buy of the corporate’s widespread inventory. The transaction, which passed off on March 14, 2024, concerned the acquisition of three,500 shares at a worth of $3.04 per share, amounting to a complete funding of $10,640.

This newest acquisition by D’Amico has elevated his whole holdings in PHX Minerals to 514,124 shares. It is price noting that this determine contains restricted shares, that are topic to vesting based mostly on efficiency standards and the passage of time.

PHX Minerals, previously often known as Panhandle Oil & Gasoline Inc., is an organization with a long-standing presence within the crude petroleum and sector. The corporate is included in Delaware and has its enterprise headquarters in Fort Value, Texas.

Buyers usually look to insider transactions akin to these for hints about an organization’s future prospects. Whereas purchases can recommend confidence within the firm’s trajectory, gross sales may point out the alternative. On this case, the CFO’s funding represents a constructive gesture in the direction of the corporate’s potential and stability.

The monetary particulars of this transaction have been made publicly obtainable by a Type 4 submitting with the Securities and Alternate Fee. This necessary disclosure is a part of the regulatory framework that ensures transparency within the actions of firm insiders, offering traders with crucial data for his or her funding selections.

InvestingPro Insights

PHX Minerals Inc. (NYSE:PHX) has lately been within the highlight with the corporate’s Senior Vice President and Chief Monetary Officer, Raphael D’Amico, demonstrating his confidence within the agency by the acquisition of further shares. This insider exercise aligns with among the constructive alerts mirrored within the firm’s fundamentals as per InvestingPro knowledge. The corporate boasts a powerful gross revenue margin of 85.24% for the final twelve months as of This fall 2023, which underscores its means to handle prices successfully and keep profitability.

The steadiness of PHX is additional highlighted by its low worth volatility and a constant dividend payout historical past, with the corporate having maintained dividend funds for 41 consecutive years. This monitor report will not be solely a testomony to its monetary well being but additionally its dedication to shareholder returns, at the moment providing a dividend yield of three.96%. The corporate’s liquid belongings additionally exceed its short-term obligations, offering a cushion for operational wants and potential investments.

InvestingPro Ideas recommend that PHX Minerals is predicted to be worthwhile this 12 months, which is supported by the information indicating a powerful working revenue margin of 46.84% for a similar interval. For traders searching for additional insights and recommendations on PHX Minerals, InvestingPro provides further suggestions that may be accessed at https://www.investing.com/professional/PHX. To complement your funding technique, use the coupon code PRONEWS24 to get a further 10% off a yearly or biyearly Professional and Professional+ subscription, and uncover the quite a few further suggestions obtainable on InvestingPro.

This text was generated with the assist of AI and reviewed by an editor. For extra data see our T&C.

[ad_2]

Source link

Tags: 10.6kacquiresCFOcompanyInvesting.commineralsPhxStock
Previous Post

Investors Should Prepare for 2022 Listing

Next Post

This week provided reminder that inflation isn’t going away anytime soon

Next Post
This week provided reminder that inflation isn’t going away anytime soon

This week provided reminder that inflation isn't going away anytime soon

3 Key Areas to Watch Ahead of the November 2024 Election

3 Key Areas to Watch Ahead of the November 2024 Election

Can You Count on Dollar General to Keep Rising?

Can You Count on Dollar General to Keep Rising?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Fintech
  • Forex
  • Investing
  • jutawantoto
  • lingtogel77
  • Market Analysis
  • Markets
  • Personal Finance
  • Real Estate
  • Startups
  • Stock Market
No Result
View All Result

LATEST UPDATES

  • Jutawantoto: 4D Online Toto Togel Site & Prestigious Official Bookie
  • Jutawantoto Login: Trusted Toto Slot 4D Site Bet 100 Silver Best 2025
  • Jutawantoto: The Most Trusted & Best Toto 4D Site in 2025
  • Lingtogel77: Rekomendasi Resmi Platform Situs Toto Slot Terpercaya
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Business
  • Economy
  • Stocks
  • Investing
  • Markets
  • Crypto
  • Real Estate
  • PF
  • Forex
  • Startups
  • Fintech
  • Analysis

Copyright © 2023 Money Wise Inc.
Money Wise Inc is not responsible for the content of external sites.