Group 1 - PHX Minerals is currently ranked 16 within the Oils-Energy group, which consists of 246 companies [2] - The Zacks Rank for PHX Minerals is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for PHX's full-year earnings has increased by 42.9% in the past quarter, reflecting improved analyst sentiment [3] Group 2 - Year-to-date, PHX Minerals has returned approximately 5.9%, outperforming the average gain of 1.7% for the Oils-Energy group [4] - In comparison, PNM Resources has a year-to-date return of 3.4% and also holds a Zacks Rank of 2 (Buy) [4][5] - PHX Minerals belongs to the Oil and Gas - Integrated - United States industry, which is currently ranked 168, while the average return for this group is a loss of 8.5% this year [5] Group 3 - PNM Resources is part of the Alternative Energy - Other industry, which has seen a gain of 31.3% this year and is ranked 180 [6] - Both PHX Minerals and PNM Resources are highlighted as stocks to track for continued solid performance in the Oils-Energy sector [6]
Is PHX Minerals (PHX) Stock Outpacing Its Oils-Energy Peers This Year?