Panhandle Oil and Gas Inc.
PHX.US | Extraction of crude petroleum
Panhandle Oil and Gas Inc. is an independent oil and natural gas company engaged in the exploration, development, and production of oil and natural gas properties. The company primarily focuses on acquiring and managing mineral and leasehold interests. Panhandle Oil and Gas generates revenue through...Show More
Better Health for All
-30
Panhandle Oil and Gas Inc.'s core business of oil and natural gas extraction and production is directly linked to severe, widespread health damage, with its entire revenue derived from these activities. Industrial air pollution from oil and gas facilities contributes to health problems such as asthma and heart attacks.
1
In 2015, over 68 million pounds of air pollution were released from 679 facilities in Texas during 3,421 incidents
2
, including over 20 million pounds of sulfur dioxide from oil and gas facilities during breakdowns in 2014
3
. These numerous and significant incidents, causing severe health impacts, indicate a catastrophic safety record. There is a notable lack of preventative measures, with many industrial breakdowns attributed to operator errors, poor plant design, and insufficient preventive maintenance, indicating a minimal focus on preventing health-harming pollution. Furthermore, some industries argue against fines for pollution released during malfunctions, suggesting incomplete disclosure of health risks.
4
These severe negative health externalities disproportionately affect working-class and largely African American communities.
5
Fair Money & Economic Opportunity
0
Panhandle Oil and Gas Inc. is an oil and natural gas company. The provided articles detail the company's financial results and discuss environmental and community issues related to an LNG plant proposed by a different entity (Nopetro Energy) in Florida. None of the articles contain specific, concrete data points or information regarding Panhandle Oil and Gas Inc.'s performance on financial inclusion, lending practices, customer financial outcomes, or any other metrics relevant to the 'Fair Money & Economic Opportunity' ethical value, which primarily assesses financial institutions. Therefore, no KPIs can be scored based on the evidence provided.
Fair Pay & Worker Respect
-30
The company's culture rating, based on employee reviews, is 2.0 out of 5 stars
1
(40/100).
2
No specific, quantitative data is available for living wage coverage, CEO-median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage.
Fair Trade & Ethical Sourcing
0
No data relevant to Fair Trade & Ethical Sourcing could be extracted from the provided article.
1
Honest & Fair Business
0
No specific, concrete data points were found in the provided articles to assess Panhandle Oil and Gas Inc. against the 'Honest & Fair Business' ethical value. was a 404 error, and did not contain information relevant to any of the defined KPIs, such as regulatory fines, transparency index scores, whistleblower policies, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict of interest percentages, anti-corruption policies, or third-party verification of ethical claims.
1
Kind to Animals
0
No specific evidence was found in the provided articles regarding PHX.US's performance across any of the 'Kind to Animals' KPIs.
1
The articles either explicitly state no information is available for PHX.US, discuss general industry trends and regulations without attributing specific actions or impacts to PHX.US, or pertain to a different entity (Panhandle Animal Welfare Society).
2
No War, No Weapons
0
No relevant evidence was found in the provided articles to assess PHX.US against the 'No War, No Weapons' ethical value. All articles either resulted in a 404 error
1
,
2
,
3
or did not contain any data pertaining to PHX.US's involvement with arms, defense, or peace initiatives
4
,
5
.
Planet-Friendly Business
0
No specific quantitative data was found in the provided articles for PHX.US to assess its performance against any of the Planet-Friendly Business KPIs. The articles either contained general industry analysis, information about other companies, or qualitative ESG scores that do not map to the quantitative thresholds of the rubric. Therefore, all KPIs are omitted.
1
Respect for Cultures & Communities
0
No specific, concrete data points were found in the provided articles regarding PHX.US's performance on any of the 'Respect for Cultures & Communities' KPIs. The articles discuss general industry practices, DEI metrics, or the company's safety culture, but do not offer company-specific quantitative or qualitative evidence related to community engagement, cultural preservation, or indigenous relations for PHX.US.
Safe & Smart Tech
0
No specific evidence regarding PHX.US (Panhandle Oil and Gas Inc) was found across any of the provided articles for the 'Safe & Smart Tech' ethical value KPIs. The articles discuss cybersecurity challenges and practices within the broader oil and gas industry, specific solution providers like Siemens Energy, or other entities such as Texas Panhandle water systems, but do not contain company-specific data for PHX.US. Three rural Texas Panhandle cities experienced cyberattacks this year.
1
Federal authorities were notified.
2
Zero Waste & Sustainable Products
0
The provided articles discuss general trends and strategies related to the circular economy, waste minimization, and resource recovery within the broader oil and gas sector. They mention concepts like closed-loop systems, digital twins, and KOH recycling rates, and provide examples from other companies such as Shell, Equinor, TotalEnergies, and Veolia. However, none of the articles provide specific data, initiatives, or performance metrics directly attributable to PHX.US for any of the KPIs, including waste diversion, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.