PANHANDLE OIL AND GAS INC. Reports Fourth Quarter And Fiscal 2019 Results

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Panhandle Oil And Gas (PHX) Reports Q4 Revenues Beat

December 12, 2019 4:32 PM EST

Panhandle Oil And Gas (NYSE: PHX) reported Q4 revenue for the quarter came in at $15.73 million versus the consensus estimate of $10.6 million.

Chad L. Stephens, Interim CEO, commented, "We are pleased to report the results reflected in our fourth quarter and full-year 2019 financials. Fiscal 2019 was, in many ways, a transitional year for Panhandle. We made significant progress in shifting our strategy to focus solely on minerals and royalties. Panhandle elected not to participate with a working interest in any wells... More