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Panhandle Oil and Gas

DB:5AH
Snowflake Description

Second-rate dividend payer with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5AH
DB
$62M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Panhandle Oil and Gas Inc. acquires, develops, and manages oil and natural gas properties in the United States. The last earnings update was 53 days ago. More info.


Add to Portfolio Compare Print
  • Panhandle Oil and Gas has significant price volatility in the past 3 months.
5AH Share Price and Events
7 Day Returns
-4.2%
DB:5AH
18.1%
DE Oil and Gas
7.1%
DE Market
1 Year Returns
-74.2%
DB:5AH
21.9%
DE Oil and Gas
-17.5%
DE Market
5AH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Panhandle Oil and Gas (5AH) -4.2% -32.6% -63.4% -74.2% -79.5% -80.2%
DE Oil and Gas 18.1% -19.9% -29.8% 21.9% -25.6% 137.4%
DE Market 7.1% -20% -26.1% -17.5% -25.8% -29.2%
1 Year Return vs Industry and Market
  • 5AH underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • 5AH underperformed the Market in Germany which returned -17.5% over the past year.
Price Volatility
5AH
Industry
5yr Volatility vs Market

5AH Value

 Is Panhandle Oil and Gas undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Panhandle Oil and Gas to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Panhandle Oil and Gas.

DB:5AH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 5.7%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:5AH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 5.4%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.807 (1 + (1- 21%) (56.21%))
1.111
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.11
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.111 * 5.44%)
5.65%

Discounted Cash Flow Calculation for DB:5AH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Panhandle Oil and Gas is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:5AH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 5.65%)
2020 1.87 Est @ 43.38% 1.77
2021 2.44 Est @ 30.25% 2.18
2022 2.95 Est @ 21.06% 2.50
2023 3.38 Est @ 14.62% 2.71
2024 3.72 Est @ 10.12% 2.83
2025 3.98 Est @ 6.97% 2.86
2026 4.17 Est @ 4.76% 2.84
2027 4.31 Est @ 3.21% 2.77
2028 4.40 Est @ 2.13% 2.68
2029 4.46 Est @ 1.38% 2.57
Present value of next 10 years cash flows $25.00
DB:5AH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $4.46 × (1 + -0.39%) ÷ (5.65% – -0.39%)
$73.52
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $73.52 ÷ (1 + 5.65%)10
$42.42
DB:5AH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $25.00 + $42.42
$67.42
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $67.42 / 16.34
$4.13
DB:5AH Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:5AH represents 0.95538x of NYSE:PHX
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.95538x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 4.13 x 0.95538
€3.94
Value per share (EUR) From above. €3.94
Current discount Discount to share price of €3.64
= -1 x (€3.64 - €3.94) / €3.94
7.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Panhandle Oil and Gas is available for.
Intrinsic value
8%
Share price is €3.64 vs Future cash flow value of €3.94
Current Discount Checks
For Panhandle Oil and Gas to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Panhandle Oil and Gas's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Panhandle Oil and Gas's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Panhandle Oil and Gas's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Panhandle Oil and Gas's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:5AH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $-3.10
NYSE:PHX Share Price ** NYSE (2020-03-27) in USD $3.81
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.45x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Panhandle Oil and Gas.

DB:5AH PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:PHX Share Price ÷ EPS (both in USD)

= 3.81 ÷ -3.10

-1.23x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panhandle Oil and Gas is loss making, we can't compare its value to the Europe Oil and Gas industry average.
  • Panhandle Oil and Gas is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Panhandle Oil and Gas's expected growth come at a high price?
Raw Data
DB:5AH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Panhandle Oil and Gas, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Panhandle Oil and Gas's assets?
Raw Data
DB:5AH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $4.90
NYSE:PHX Share Price * NYSE (2020-03-27) in USD $3.81
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 575 Publicly-Listed Companies 1.43x
DB:5AH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:PHX Share Price ÷ Book Value per Share (both in USD)

= 3.81 ÷ 4.90

0.78x

* Primary Listing of Panhandle Oil and Gas.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Panhandle Oil and Gas is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Panhandle Oil and Gas's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Panhandle Oil and Gas has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

5AH Future Performance

 How is Panhandle Oil and Gas expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Panhandle Oil and Gas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
13.1%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Panhandle Oil and Gas expected to grow at an attractive rate?
  • Unable to compare Panhandle Oil and Gas's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Panhandle Oil and Gas's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Panhandle Oil and Gas's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:5AH Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:5AH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:5AH Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:5AH Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 35 19 -52
2019-09-30 39 21 -41
2019-06-30 43 20 16
2019-03-31 44 21 11
2018-12-31 47 24 14
2018-09-30 48 27 15
2018-06-30 49 28 15
2018-03-31 48 27 17
2017-12-31 47 24 20
2017-09-30 44 21 4
2017-06-30 40 16 3
2017-03-31 41 18 1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Panhandle Oil and Gas is high growth as no earnings estimate data is available.
  • Unable to determine if Panhandle Oil and Gas is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:5AH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Panhandle Oil and Gas Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5AH Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:5AH Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 -3.10
2019-09-30 -2.43
2019-06-30 0.95
2019-03-31 0.63
2018-12-31 0.80
2018-09-30 0.86
2018-06-30 0.89
2018-03-31 1.01
2017-12-31 1.16
2017-09-30 0.21
2017-06-30 0.19
2017-03-31 0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Panhandle Oil and Gas will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 5AH’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Panhandle Oil and Gas's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Energy companies here
  3. Panhandle Oil and Gas's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Panhandle Oil and Gas's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Panhandle Oil and Gas has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

5AH Past Performance

  How has Panhandle Oil and Gas performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Panhandle Oil and Gas's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Panhandle Oil and Gas does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Panhandle Oil and Gas's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Panhandle Oil and Gas's 1-year growth to the Europe Oil and Gas industry average as it is not currently profitable.
Earnings and Revenue History
Panhandle Oil and Gas's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Panhandle Oil and Gas Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5AH Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 34.73 -51.59 7.38
2019-09-30 39.05 -40.74 7.10
2019-06-30 42.51 15.96 7.78
2019-03-31 44.19 10.59 7.56
2018-12-31 47.50 13.59 7.39
2018-09-30 47.88 14.64 7.34
2018-06-30 48.85 15.12 7.33
2018-03-31 48.08 17.16 7.53
2017-12-31 46.66 19.56 7.49
2017-09-30 43.54 3.53 7.44
2017-06-30 39.73 3.23 7.36
2017-03-31 40.75 1.18 7.14
2016-12-31 36.29 -9.73 7.02
2016-09-30 38.08 -10.29 7.14
2016-06-30 39.88 -11.91 7.28
2016-03-31 41.17 -11.85 7.29
2015-12-31 47.07 -3.71 7.54
2015-09-30 54.84 9.32 7.34
2015-06-30 66.94 19.51 7.52
2015-03-31 73.27 25.36 7.77
2014-12-31 81.40 30.31 7.59
2014-09-30 80.58 25.00 7.52
2014-06-30 75.26 21.42 6.97
2014-03-31 71.57 21.37 6.75
2013-12-31 64.98 16.74 6.75
2013-09-30 59.71 13.96 6.81
2013-06-30 52.96 8.42 7.68
2013-03-31 50.73 6.45 7.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Panhandle Oil and Gas has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Panhandle Oil and Gas has efficiently used its assets last year compared to the Europe Oil and Gas industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Panhandle Oil and Gas improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Panhandle Oil and Gas's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Panhandle Oil and Gas has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

5AH Health

 How is Panhandle Oil and Gas's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Panhandle Oil and Gas's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Panhandle Oil and Gas is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Panhandle Oil and Gas's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Panhandle Oil and Gas's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Panhandle Oil and Gas Company Filings, last reported 2 months ago.

DB:5AH Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 80.11 35.00 0.27
2019-09-30 79.31 35.43 6.16
2019-06-30 136.50 41.50 1.53
2019-03-31 134.83 44.10 0.50
2018-12-31 139.25 41.50 0.46
2018-09-30 128.77 51.00 0.53
2018-06-30 129.23 40.40 0.48
2018-03-31 130.47 43.50 0.17
2017-12-31 129.18 50.40 0.57
2017-09-30 116.71 52.22 0.56
2017-06-30 115.99 50.00 0.56
2017-03-31 115.17 44.00 0.55
2016-12-31 111.49 44.10 0.48
2016-09-30 115.19 44.50 0.47
2016-06-30 114.70 49.20 0.51
2016-03-31 115.95 54.50 0.49
2015-12-31 123.16 57.00 1.50
2015-09-30 127.00 65.00 0.60
2015-06-30 128.15 65.50 0.93
2015-03-31 129.35 71.92 0.59
2014-12-31 128.18 78.72 0.52
2014-09-30 119.19 78.00 0.51
2014-06-30 110.03 85.85 1.51
2014-03-31 105.25 6.00 1.82
2013-12-31 99.39 6.00 0.29
2013-09-30 95.66 8.26 2.87
2013-06-30 89.98 13.57 1.38
2013-03-31 85.97 13.50 2.32
  • Panhandle Oil and Gas's level of debt (43.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (61.3% vs 43.7% today).
  • Debt is well covered by operating cash flow (54.6%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Panhandle Oil and Gas's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Panhandle Oil and Gas's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Panhandle Oil and Gas has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

5AH Dividends

 What is Panhandle Oil and Gas's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.2%
Current annual income from Panhandle Oil and Gas dividends.
If you bought €2,000 of Panhandle Oil and Gas shares you are expected to receive €84 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Panhandle Oil and Gas's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.71%).
  • Panhandle Oil and Gas's dividend is below the markets top 25% of dividend payers in Germany (4.98%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:5AH Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 321 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:5AH Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
DB:5AH Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-12-13 0.160 2.404
2019-10-30 0.160 1.224
2019-07-18 0.160 1.271
2019-05-16 0.160 1.215
2018-12-12 0.160 1.028
2018-10-26 0.160 0.947
2018-07-18 0.160 0.849
2018-05-24 0.160 0.803
2017-12-15 0.160 0.800
2017-11-03 0.160 0.754
2017-07-24 0.160 0.708
2017-05-19 0.160 0.732
2016-12-14 0.160 0.786
2016-10-28 0.160 0.728
2016-07-26 0.160 0.929
2016-05-18 0.160 0.982
2015-12-15 0.160 1.017
2015-10-26 0.160 0.889
2015-07-28 0.160 0.913
2015-05-14 0.160 0.798
2014-12-12 0.160 0.752
2014-10-24 0.160 0.823
2014-07-25 0.160 0.573
2013-12-17 0.160 0.726
2013-10-24 0.160 1.009
2013-07-25 0.140 0.938
2013-05-22 0.140 0.928
2012-12-14 0.140 0.992
2012-10-31 0.140 1.033
2012-07-30 0.140 0.930
2012-05-17 0.140 0.974
2012-01-04 0.140 0.975
2011-10-31 0.140 0.844
2011-07-29 0.140 0.956
2011-05-20 0.140 0.904
2010-12-23 0.140 0.979
2010-11-01 0.140 1.056
2010-08-02 0.140 1.154
2010-05-20 0.140 1.050
2010-02-10 0.140 1.107
2009-10-29 0.140 1.234
2009-07-29 0.140 1.229
2009-05-20 0.140 1.315

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Panhandle Oil and Gas's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Panhandle Oil and Gas's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Panhandle Oil and Gas afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Panhandle Oil and Gas has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

5AH Management

 What is the CEO of Panhandle Oil and Gas's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Chad Stephens
COMPENSATION $688,793
AGE 63
TENURE AS CEO 0.6 years
CEO Bio

Mr. Chad L. Stephens, III, has been Chief Executive Officer of Panhandle Oil and Gas Inc. since January 16, 2020. He served as Interim Chief Executive Officer at Panhandle Oil and Gas Inc. since August 26, 2019 until January 16, 2020. Mr. Stephens served as Senior Vice President of Corporate Development at Range Resources Corporation, a position he held from 2002 to December 31, 2018. Mr. Stephens joined Range in 1990 as Senior Vice President – Southwest. Mr. Stephens was responsible for the origination, valuation and acquisition or divestiture of over $4 billion of oil and gas producing properties at Range. Mr. Stephens served as Senior Executive OXY USA, Inc. and EOG Resources, Inc. He served as Executive Officer at Wagner Oil Company (formerly Duer Wagner & Co.), since 1988. Prior thereto, he served as an Independent Oil Operator in Midland, Texas for four years. From 1979 to 1984, he served at Cities Service Company and HNG Oil Company. He served as Lead Independent Director since October 1, 2018 until August 26, 2019 and serves as Director at Panhandle Oil & Gas Inc. since August 01, 2017. Mr. Stephens holds a Bachelor of Arts degree in Finance and Land Management from the University of Texas.

CEO Compensation
  • Chad's compensation has increased whilst company is loss making.
  • Chad's remuneration is higher than average for companies of similar size in Germany.
Management Team

Chad Stephens

TITLE
CEO & Director
COMPENSATION
$689K
AGE
63
TENURE
0.6 yrs

Ralph D'Amico

TITLE
CFO, VP of Corporate Development & Investor Relations
COMPENSATION
$369K
AGE
43

Stephanie Morris

TITLE
Assistant Controller
TENURE
3.2 yrs
Board of Directors Tenure

Average tenure and age of the Panhandle Oil and Gas board of directors in years:

2.3
Average Tenure
62.5
Average Age
  • The average tenure for the Panhandle Oil and Gas board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chad Stephens

TITLE
CEO & Director
COMPENSATION
$689K
AGE
63
TENURE
2.6 yrs

Lee Canaan

TITLE
Independent Director
COMPENSATION
$105K
AGE
62
TENURE
5 yrs

Mark Behrman

TITLE
Lead Independent Director
COMPENSATION
$101K
AGE
56
TENURE
0.6 yrs

Pete Delaney

TITLE
Independent Director
COMPENSATION
$102K
AGE
65
TENURE
2 yrs

Bob Robotti

TITLE
Independent Director
COMPENSATION
$106K
AGE
65
TENURE
15.9 yrs

Chris Fraser

TITLE
Independent Director
COMPENSATION
$70K
AGE
60
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Panhandle Oil and Gas individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
26. Feb 20 Buy Raphael D'Amico Individual 25. Feb 20 25. Feb 20 3,500 €5.42 €18,970
18. Feb 20 Buy Chad Stephens Individual 13. Feb 20 13. Feb 20 3,000 €6.29 €18,882
10. Feb 20 Buy Christopher Fraser Individual 10. Feb 20 10. Feb 20 8,000 €6.46 €51,674
10. Feb 20 Buy Raphael D'Amico Individual 07. Feb 20 07. Feb 20 3,000 €6.39 €19,181
14. Jan 20 Buy Lee Canaan Individual 06. Dec 19 06. Dec 19 29 €10.88 €315
14. Nov 19 Buy Lee Canaan Individual 07. Mar 19 06. Sep 19 46 €14.65 €561
14. Nov 19 Buy Lee Canaan Individual 18. Jun 19 18. Jun 19 23 €11.86 €277
30. Aug 19 Buy Chad Stephens Individual 28. Aug 19 29. Aug 19 4,000 €10.42 €41,387
28. Aug 19 Buy Christopher Fraser Individual 27. Aug 19 27. Aug 19 4,000 €10.04 €40,171
15. Aug 19 Buy Raphael D'Amico Individual 14. Aug 19 14. Aug 19 2,000 €10.07 €20,115
31. May 19 Buy Freda Webb Individual 30. May 19 30. May 19 3,000 €12.39 €37,047
23. May 19 Buy Raphael D'Amico Individual 23. May 19 23. May 19 500 €12.38 €6,188
14. May 19 Buy Raphael D'Amico Individual 13. May 19 13. May 19 500 €12.66 €6,330
X
Management checks
We assess Panhandle Oil and Gas's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Panhandle Oil and Gas has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

5AH News

Simply Wall St News

5AH Company Info

Description

Panhandle Oil and Gas Inc. acquires, develops, and manages oil and natural gas properties in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Arkansas, Texas, New Mexico, and North Dakota. As of September 30, 2019, the company owned perpetual ownership of 258,231 net mineral acres; leased 17,199 net acres; and held working interests and royalty interests in 6,496 producing oil and natural gas wells, as well as had 120 wells in the process of being drilled or completed. It sells its products to various purchasers, including pipeline and marketing companies. The company was founded in 1926 and is based in Oklahoma City, Oklahoma.

Details
Name: Panhandle Oil and Gas Inc.
5AH
Exchange: DB
Founded: 1926
$56,162,470
16,344,169
Website: http://www.panhandleoilandgas.com
Address: Panhandle Oil and Gas Inc.
Grand Centre Building,
Suite 300,
Oklahoma City,
Oklahoma, 73112,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE PHX Class A Common Stock New York Stock Exchange US USD 28. Dec 1990
DB 5AH Class A Common Stock Deutsche Boerse AG DE EUR 28. Dec 1990
Number of employees
Current staff
Staff numbers
22
Panhandle Oil and Gas employees.
Industry
Oil and Gas Exploration and Production
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/29 21:30
End of day share price update: 2020/03/27 00:00
Last estimates confirmation: 2019/12/12
Last earnings filing: 2020/02/05
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.