Company Information

  

Address: 5400 N GRAND BLVD
GRAND CENTRE STE 300 
City: OKLAHOMA CITY 
State: OK 
Zip Code: 73112 
Telephone: 405-948-1560 

Description of Business

Primary SIC Code: 1311
(As filed with the SEC)  

Panhandle Oil and Gas Inc. was founded in Range, Texas County, Oklahoma, in 1926, as Panhandle Cooperative Royalty Company. The Company operated as a cooperative until 1979, when it merged into Panhandle Royalty Company, and its shares became publicly traded. On April 2, 2007, the Company's name was changed to Panhandle Oil and Gas Inc. While operating as a cooperative, the Company distributed most of its net income to shareholders as cash dividends. Upon conversion to a public company in 1979, although still paying dividends, the Company began to retain a substantial part of its cash flow to participate with a working interest in the drilling of wells on its mineral acreage and to purchase additional mineral acreage. Several acquisitions of additional mineral and leasehold acreage and small companies were made from 1980 to the present time.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/20181.010.04019.11
12/20170.210.04097.86
09/20170.210.040113.33
06/20170.190.040121.58
03/20170.070.040274.29
12/2016-0.570.040N/E
09/2016-0.610.040N/E
06/2016-0.700.040N/E

Key Financial Ratios and Statistics

FYE: 09/30

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-42.77Total Liab/Total Assets0.44
Net Inc/Total Assets0.02Total Liab/Inv Cap0.44
Net Inc/Inv Cap0.02Total Liab/Comm Equity-1090.22
Pretax Inc/Net Sales0.09Interest Coverage Ratio4.31
Net Inc/Net Sales0.08Curr Debt/EquityNA
Cash Flow/Net Sales0.46LTD/Equity0.45
SG&A/NetSales0.20Total Debt/Equity0.45
Asset Utilization   Liquidity  
Net Receivables Turnover6.71Quick Ratio2.82
Inventory TurnoverNACurrent Ratio2.82
Inventory Day SalesNANet Rec/Curr Assets0.81
Net Sales/Work Cap6.99Inv/Curr AssetsNA
Net Sales/PP&E0.23  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 12.77 12.98 13.31 10.82
Cost of Goods Sold 3.22 3.63 3.14 3.39
Selling & Admin Exps 2.26 2.38 2.50 2.19
Operating Income 3.04 1.70 2.27 0.53
Interest Exp 0.44 0.43 0.39 0.31
Pretax Income 1.05 1.07 1.47 1.83
Other Income -1.56 -0.20 -0.42 1.61
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 1.07 13.78 1.04 1.26

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 0.17 0.57 0.56 0.56
Receivables - Total 7.27 7.82 8.08 6.42
Inventories - Total NA NA NA NA
Total Current Assets 7.78 8.70 9.99 8.65
Net Property, Plant & Equipment 191.28 195.36 196.58 196.65
Total Assets 199.28 204.30 206.74 205.48
Liabilities        
Accounts Payable 2.16 2.85 3.54 5.55
Debt in Current Liabilities 1.88 0.33 0.00 0.00
Total Current Liabilities 4.05 3.18 3.54 5.55
Long-Term Debt 43.50 50.40 52.22 50.00
Total Liabilities 68.81 75.12 90.04 89.49
Stockholder's Equity        
Minority Interest NA NA NA NA
Preferred Stock NA NA NA NA
Common Stock 0.28 0.28 0.28 0.28
Retained Earnings 126.84 125.77 113.33 112.96
Treasury Stock -2.04 -2.62 -3.09 -3.16
Total Stockholders' Equity 130.47 129.18 116.71 115.99
Total Liabilities and Stockholders' Equity 199.28 204.30 206.74 205.48

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 8.16 7.20 6.44 4.97
Net Cash Provided by Investing Activities -0.99 -4.42 -7.80 -10.29
Net Cash Provided by Financing Activities -7.58 -2.77 1.36 5.33

Annual Summary Data (Millions)

Year Sales Net Income EPS
09/201361.5413.960.84
09/201483.2725.000.74
09/201556.549.320.56
09/201639.15-10.29-0.61
09/201745.093.530.21
Growth Rates-7.49----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/18819,69457.79




Report Date : 7/16/2018

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