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Tuesday, August 16, 2022

Panhandle Oil & Gas reports 2Q loss

OKLAHOMA CITY (AP) _ Panhandle Oil and Gas Inc. (PHX) on Monday reported a fiscal second-quarter loss of $ 7.4 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Oklahoma City-based company said it had a loss of 44 cents.

The oil and gas company posted revenue of $ 7.6 million in the period.

Panhandle Oil & Gas shares have climbed roughly 4 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $ 16.78, a fall of 21 percent in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PHX at http://www.zacks.com/ap/PHX

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Keywords: Panhandle Oil & Gas, Earnings Report

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