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Enter Symbol:
Panhandle Royalty Company (PHX) [hlAlert]

up 54.04 %

Panhandle Royalty Company (PHX) rated Buy with price target $30 by Wunderlich

Posted on: Thursday,  Jun 18, 2009  8:25 AM ET by Wunderlich

Wunderlich rated Buy Panhandle Royalty Company (NYSE: PHX) on 06/18/2009. Previously Wunderlich rated Buy Panhandle Royalty Company (NYSE: PHX) on 02/13/2009.,
when the stock price was $10.08. Since then, Panhandle Royalty Company has gained 54.04% as of 08/31/2015's recent price of $15.52.
If you would have followed the previous Wunderlich's recommendation on PHX, you would have gained 54.04% of your investment in 2390 days.

Panhandle Oil and Gas Inc. (Panhandle) is engaged in the acquisition, management and development of oil and gas properties, including wells located on the Company?s mineral acreage. Panhandle?s mineral properties and other oil and gas interests are located primarily in Arkansas, Kansas, Oklahoma, New Mexico and Texas. Properties are also located in seven other states. The majority of the Company?s oil and gas production is from wells located in Oklahoma. Approximately 80% of oil and gas revenues are derived from the sale of natural gas. Substantially all the Company?s oil and gas production is sold through the operators of the wells. The Company, from time to time, disposes of certain non-material, non-core or small interest oil and gas properties as a normal course of business.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/18/2009 8:25 AM Buy
11.97 15.00
as of 12/31/2009
1 Week up  0.70 %
1 Month up  24.44 %
3 Months up  21.06 %
1 YTD up  8.06 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/13/2009 11:25 AM Buy
10.08 11.75
1/30/2009 12:25 PM Hold
10.13 10.50

(*) Stock Price at the time of the recommendation.
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