| Panhandle Oil and Gas focuses on perpetual oil and natural gas mineral ownership through mineral acquisitions and the development of its mineral acreage inventory. In addition, Co. owns interests in leasehold acreage and non-operated interests in oil and natural gas properties. Co.'s mineral and leasehold properties are located primarily in Oklahoma, North Dakota, Texas, Arkansas and New Mexico. The majority of Co.'s oil, natural gas liquids (NGL) and natural gas production is from wells located in Oklahoma, North Dakota, Texas and Arkansas. Co.'s principal products from the production associated with its non-operated interests are crude oil, natural gas and NGL. We show 43 historical shares outstanding datapoints in our coverage of PHX's shares outstanding history.|
Understanding the changing numbers of PHX shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like PHX versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching PHX by allowing them to research PHX shares outstanding history
as well as any other stock in our coverage universe.