PHX Minerals Inc., "PHX," , today announced it will release results for the year ended Dec. 31, 2024, following the close of market on Wednesday, March 12, 2025. Management will host a conference call to discuss the results at 11 a.m. ET on March 13, 2025. Interested parties may access the conference call by dialing 877-407-3088 or 201-389-0927. A replay of the conference call will be available for 14 days by dialing [...]
PHX Minerals Inc., "PHX" or the "Company" , today announced that its Board of Directors has agreed to initiate a process to evaluate certain strategic alternatives to maximize shareholder value, including a potential merger or sale of the Company. RBC Capital Markets, LLC has been retained as financial advisor to assist in the review process. About PHX Minerals Inc. PHX Minerals Inc. is a natural gas and oil mineral [...]
PHX Minerals Inc., "PHX" or the "Company" : The Board of Directors of PHX responds to the WhiteHawk Energy, LLC proposal to acquire PHX. The PHX Board of Directors appreciates engagement from all stockholders to enhance stockholder value. We and PHX management continue to review opportunities that are focused on maximizing stockholder value. With respect to the WhiteHawk proposal, as we communicated to WhiteHawk, the [...]
WhiteHawk Energy, LLC , calls for a response from the Board of Directors of PHX Minerals Inc. related to WhiteHawk's proposal to acquire PHX in a $4.00 per share all-cash transaction. "We are asking all stockholders to reach out to PHX to encourage discussions with WhiteHawk related to WhiteHawk's all cash proposal of $4.00 per share. We have previously demonstrated financing for this transaction to PHX and its advisors [...]
PHX Minerals Inc., "PHX" or the "Company" , today reported financial and operating results for the quarter ended Sept. 30, 2024. Summary of Results for the Quarter Ended Sept. 30, 2024 Net income was $1.1 million, or $0.03 per diluted share, compared to net income of $1.3 million, or $0.04 per diluted share, for the quarter ended June 30, 2024, and net income of $1.9 million, or $0.05 per diluted share, for the quarter [...]
PHX Minerals Inc., "PHX," , today announced it will release results for the quarter ended Sept. 30, 2024, following the close of market on Wednesday, Nov. 6, 2024. Management will host a conference call to discuss the results at 12 p.m. EST on Nov 7, 2024. Interested parties may access the conference call by dialing 877-407-3088 or 201-389-0927. A replay of the conference call will be available for 14 days by dialing [...]
PHX Minerals Inc., "PHX" or the "Company" , today reported financial and operating results for the quarter ended June 30, 2024. Summary of Results for the Quarter Ended June 30, 2024 Net income was $1.3 million, or $0.04 per diluted share, compared to net loss of million, or per diluted share, for the quarter ended March 31, 2024. Adjusted EBITDA was $6.4 million, compared to $4.6 million for the quarter ended March 31 [...]
PHX Minerals Inc., "PHX," , today announced it will release results for the quarter ended June 30, 2024, following the close of market on Wednesday, Aug. 7, 2024. Management will host a conference call to discuss the results at 11 a.m. EDT on Aug 8, 2024. Interested parties may access the conference call by dialing 877-407-3088 or 201-389-0927. A replay of the conference call will be available for 14 days by dialing [...]
PHX Minerals Inc., , today announced that its Board of Directors has declared a quarterly dividend of $0.03 per share on the company's common stock. The dividend is payable on June 11, 2024, to shareholders of record on May 31, 2024. About PHX Minerals Inc.PHX Minerals is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core focus areas. PHX owns mineral acreage [...]
PHX Minerals Inc., "PHX" or the "Company" , today reported financial and operating results for the quarter ended March 31, 2024. Summary of Results for the Quarter Ended March 31, 2024 Net loss was million, or per diluted share, compared to net income of $2.5 million, or $0.07 per diluted share, for the quarter ended Dec. 31, 2023. Adjusted EBITDA was $4.6 million, compared to $4.5 million for the quarter ended Dec. 31 [...]
FORT WORTH, Texas, April 22, 2024 /PRNewswire/ -- PHX Minerals Inc., "PHX," , today announced it will release results for the quarter ended March 31, 2024, following the close of market on Wednesday, May 8, 2024. Management will host a conference call to discuss the results at 11 a.m. EDT on May 9, 2024. Interested parties may access the conference call by dialing 877-407-3088 or 201-389-0927. A replay of the conference [...]
PHX Minerals Inc., "PHX" or the "Company" today announced that PHX's bank lending group led by Independent Financial has completed its regularly scheduled semi-annual redetermination of the Company's senior secured credit facility and reaffirmed the existing $50 million Borrowing Base with no changes to pricing, covenants or other material terms. Further, the Maturity Date of the credit facility was extended from Sept. 1 [...]