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Panhandle Royalty Company (PHX) [hlAlert]

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.
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( Total: 1 Current Stock Recommendations )
Panhandle Royalty Company   (1)
Buy 100%
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