Lee Canaan - PHX Minerals Independent Director

PHX Stock  USD 3.81  0.07  1.87%   

Director

Ms. Lee M. Canaan is an Independent Director of the Company. Ms. Canaan is the founder and portfolio manager of Braeburn Capital Partners, LLC, established in 2003 in Bloomfield Hills, MI. She has served on the board of directors of the following publicly held companies Noble International Ltd., Warren, MI, from 2000 to 2004, where she served as the Compensation Committee Chairman from 2002 to 2004 Oakmont Acquisition Corporationrationration, Bloomfield Hills, MI, from 2005 to 2007 Equal Energy Ltd., Oklahoma City, OK, from 2013 until its sale in 2014 and Rock Creek Pharmaceuticals, Sarasota, FL, from 2014 to 2016, where she also served as the chairman of the Audit and Nominating and Corporationrationrate Governance committees. She holds a bachelors degree in Geological Sciences, a masters degree in Geophysics, and an MBA degree in Finance. She is also a Chartered Financial Analyst. Ms. Canaan has over 35 years of oil and gas and investment management experience, starting her career as an Exploration Geophysicist at Amoco Production Company in Houston, TX, then ARCO in Los Angeles, CA, and AIMInvesco in Houston, TX. She was elected to the Board in 2015. since 2015.
Age 64
Tenure 9 years
Professional MarksMBA
Address 1320 South University Drive, Fort Worth, TX, United States, 76101
Phone405 948 1560
Webhttps://phxmin.com
Canaan’s qualifications to serve on the board include her corporate finance, capital markets and merger and acquisition experience, her scientific background in geology and geophysics, her oil and gas exploration knowledge of North American basins and her experience serving as a director of several public companies.

PHX Minerals Management Efficiency

The company has Return on Asset of 0.0365 % which means that on every $100 spent on assets, it made $0.0365 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0385 %, implying that it generated $0.0385 on every 100 dollars invested. PHX Minerals' management efficiency ratios could be used to measure how well PHX Minerals manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to rise to 0.13 in 2024, whereas Return On Tangible Assets are likely to drop 0.08 in 2024. At this time, PHX Minerals' Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 4.7 M in 2024, whereas Total Assets are likely to drop slightly above 99.2 M in 2024.
PHX Minerals has 33.45 M in debt with debt to equity (D/E) ratio of 0.3, which may show that the company is not taking advantage of profits from borrowing. PHX Minerals has a current ratio of 1.46, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for PHX to invest in growth at high rates of return.

Similar Executives

Showing other executives

DIRECTOR Age

Kenneth ClaytonMexco Energy
75
Evan HazellGran Tierra Energy
60
William DozierEvolution Petroleum
67
Paul HinesMexco Energy
81
Christopher SchroederMexco Energy
54
Anthony PetrelliRing Energy
66
Clayton WoodrumRing Energy
78
Thomas CraddickMexco Energy
75
Kelly LoydEvolution Petroleum
50
Edward DiPaoloEvolution Petroleum
66
Bill ParduePermianville Royalty Trust
37
Michael BanschbachMexco Energy
61
Ronald RoyalGran Tierra Energy
70
Stanley McCabeRing Energy
86
Sondra ScottGran Tierra Energy
52
Brooke WadeGran Tierra Energy
65
David GrahekPermianville Royalty Trust
57
Peter DeyGran Tierra Energy
78
David SmithGran Tierra Energy
60
PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. PHX Minerals Inc. was founded in 1926 and is based in Oklahoma City, Oklahoma. Phx Minerals operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 20 people. PHX Minerals (PHX) is traded on New York Stock Exchange in USA. It is located in 1320 South University Drive, Fort Worth, TX, United States, 76101 and employs 20 people. PHX Minerals is listed under Oil & Gas Exploration & Production category by Fama And French industry classification.

Management Performance

PHX Minerals Leadership Team

Elected by the shareholders, the PHX Minerals' board of directors comprises two types of representatives: PHX Minerals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of PHX. The board's role is to monitor PHX Minerals' management team and ensure that shareholders' interests are well served. PHX Minerals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, PHX Minerals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Chad Stephens, President, Chief Executive Officer, Director
Chad True, Principal Officer
John Pinkerton, Independent Director
Taylor McClain, Vice Geology
Glen Brown, Independent Director
Mark Behrman, Non-Executive Independent Chairman of the Board
Stephanie Morris, Assistant Controller
Christopher Fraser, Independent Director
Danielle Mezo, Director Engineering
Lee Canaan, Independent Director
Steven Packebush, Director
Peter Delaney, Independent Director
Chad III, CEO President
Ralph DAmico, Chief Financial Officer, Vice President - Business Development, Director of Investor Relations
Freda Webb, Vice President - Mineral Operations
Raphael DAmico, Executive CFO

PHX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is PHX Minerals a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for PHX Stock Analysis

When running PHX Minerals' price analysis, check to measure PHX Minerals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PHX Minerals is operating at the current time. Most of PHX Minerals' value examination focuses on studying past and present price action to predict the probability of PHX Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move PHX Minerals' price. Additionally, you may evaluate how the addition of PHX Minerals to your portfolios can decrease your overall portfolio volatility.