5 Cheap Oil Stocks to Buy in 2022

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1. PHX Minerals Inc. (NYSE:PHX)

Number of Hedge Fund Holders: 9    

Real-Time Share Price as of February 14: $2.36

PHX Minerals Inc. (NYSE:PHX) is a natural gas and oil mineral firm. The company has paid a dividend to shareholders for the past 32 years. In December 2021, it declared a quarterly dividend of $0.015 per share, an increase of 50% from the previous dividend of $0.010. 

There is positive hedge fund sentiment around PHX Minerals Inc. (NYSE:PHX). At the end of the third quarter of 2021, 9 hedge funds in the database of Insider Monkey held stakes worth $7.9 million in PHX Minerals Inc. (NYSE:PHX), up from 7 the preceding quarter worth $10.9 million.

You can also take a peek at 10 Best EV SPACs to Buy Now and 10 Best Lithium and Phosphate Stocks to Buy Now.

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