Current PHX Stock Info

Founded in Oklahoma City in 1926, Panhandle Oil and Gas (ticker: PHX) boasts a foundation of 255,000 net acres of perpetually owned mineral rights spread primarily over Arkansas, Oklahoma, and Texas.

Panhandle is in the position of holding large tracts of prospective acreage without operating that acreage. Instead, Panhandle allows large independent companies to lease and explore its holdings. Of its 255,000 holdings, 56,723 net acres are producing, 14,268 net acres are leased, and 184,038 net acres are open. Approximately 19,400 net acres o...

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