PHX Minerals

PHX Minerals, Inc. engages in the acquisition, management, and development of non-operated oil and natural gas properties, including wells located on the firm's mineral and leasehold acreage. The company was founded on December 3, 1926 and is headquartered in Fort Worth, TX.

Earnings data Q4 2023

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OKLAHOMA CITY , Sept. 11, 2023 /PRNewswire/ -- Beta Shale, LLC ("Beta"), an Oklahoma City based oil and natural gas company that owns 1,559,910 shares of PHX Minerals Inc., "PHX" or the "Company" (NYSE: PHX), sent a letter to the PHX Board of Directors on August 10, 2023 following the rejection of WhiteHawk Energy's proposed business combination, in addition to the rejection of Beta's own offer.

Beta Shale, LLC (Derby Energy, LLC managed company) sends unanswered request for transparency to the Board of PHX Minerals

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PHX Minerals Inc. operates primarily in the SCOOP and Haynesville Shale plays, with a significant presence in these regions. The company's business model involves taking a royalty or working interest in wells drilled on its land, exposing it to energy price fluctuations. Despite recent financial performance challenges due to low energy prices, PHX Minerals could benefit from the growing demand for natural gas in the Haynesville Shale.

PHX Minerals: A Good Natural Gas Royalties Play

PHX Minerals (PHX) estimates production from the acquired assets over the next 12 months of 1.2-1.4 billion cubic feet equivalent, comprising 99% natural gas.

PHX Minerals (PHX) Snaps Up Royalty Assets in Core Areas

FORT WORTH, Texas , Aug. 24, 2023 /PRNewswire/ -- Acquisition Highlights Expected to be immediately accretive on a cash flow per share basis Builds upon our existing mineral and royalty positions in the Haynesville and the SCOOP Approximately 988 net royalty acres (~86% targeting the Haynesville play) Anticipated next 12-month production of between 1.2 and 1.4 Bcfe (99% natural gas, 1% oil, 0% NGL), generating an estimated $4.0 to $4.3 million of cash flow at NYMEX strip pricing as of Aug. 9, 2023 (implies a transaction multiple of 3.3x) Expected to add approximately 31 gross (0.27 net) wells in progress; increasing our net inventory by approximately 31% Expected to reduce G&A per mcfe of production by approximately 13% over the next 12 months Maintains a conservative balance sheet with expected pro forma leverage as measured by debt to EBITDA of under 1.50x following closing PHX Minerals Inc. (NYSE: PHX) ("PHX" or the "Company") today announced that it has agreed to acquire approximately 988 net royalty acres targeting the Haynesville play in Louisiana and Texas and the SCOOP play in Oklahoma from five separate sellers for aggregate consideration of $13.6 million in cash (the "Acquisitions"), subject to certain closing conditions and adjustments. The Acquisitions will be funded using a combination of cash on hand and borrowings under the Company's existing credit facility and are expected to close in mid-September.

PHX Minerals Announces Accretive Acquisitions in Haynesville and SCOOP

FORT WORTH, Texas , Aug. 15, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today confirmed that its board of directors (the "Board") previously received, thoroughly reviewed and rejected an unsolicited, non-binding proposal from WhiteHawk Income Corporation ("WhiteHawk") to combine with PHX in a stock-for-stock transaction.

PHX Minerals Board of Directors Unanimously Rejects Unsolicited Proposal from WhiteHawk Income Corporation

PHX Minerals Inc. (NYSE:PHX ) Q3 2023 Earnings Conference Call August 9, 2023 11:00 AM ET Company Participants Rob Fink - FNK IR. Chad Stephens - President and CEO Danielle Mezo - VP, Engineering Ralph D'Amico - SVP and CFO Conference Call Participants Derrick Whitfield - Stifel Jeff Grampp - Alliance Global Partners Donovan Schafer - Northland Capital Markets Operator Good morning and thank you for attending today's PHX Minerals June 30th, 2023 Quarter End Earnings Conference Call.

PHX Minerals Inc. (PHX) Q3 2023 Earnings Call Transcript

PHX Minerals (PHX) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of $0.04. This compares to earnings of $0.18 per share a year ago.

PHX Minerals (PHX) Reports Q2 Loss, Lags Revenue Estimates

FORT WORTH, Texas , Aug. 8, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended June 30, 2023.

PHX Minerals Reports Results for the Quarter Ended June 30, 2023; Announces Dividend Payment

FORT WORTH, Texas , July 24, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended June 30, 2023, following the close of market on Tuesday, Aug. 8, 2023.

PHX Minerals Inc. to Announce Quarterly Financial Results on Aug. 8 and Host Earnings Call on Aug. 9

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PHX Minerals is a royalty-focused energy company that primarily operates in the Haynesville Shale and SCOOP plays. The company is mostly focused on natural gas, which has delivered a very disappointing performance this year. The company is gradually converting from a WI to a much-higher margin royalty model that could offset some of the pricing weakness.

PHX Minerals: Play On Royalties, Not Production

PHX Minerals Inc. (NYSE:PHX ) Q2 2023 Earnings Conference Call May 10, 2023 11:00 PM ET Company Participants Rob Fink - FNK Investor Relations. Chad Stephens - President & Chief Executive Officer Danielle Mezo - Vice President of Engineering Ralph D'Amico - Senior Vice President & Chief Financial Officer Conference Call Participants Derrick Whitfield - Stifel Jeff Grampp - Alliance Global Partners Donovan Schafer - Northland Capital Markets Operator Good morning, and thank you for attending today's PHX Minerals March 31, 2023 Quarter End Earnings Conference Call.

PHX Minerals Inc. (PHX) Q2 2023 Earnings Call Transcript

PHX Minerals (PHX) came out with quarterly earnings of $0.11 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.16 per share a year ago.

PHX Minerals (PHX) Q1 Earnings and Revenues Surpass Estimates

FORT WORTH, Texas , May 9, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended March 31, 2023.

PHX Minerals Reports Record Royalty Volumes for The Quarter Ended March 31, 2023; Announces Dividend Payment

PHX Minerals (PHX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate PHX Minerals (PHX) to Report a Decline in Earnings: What to Look Out for

FORT WORTH, Texas , April 24, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended March 31, 2023, following the close of market on Tuesday, May 9, 2023.

PHX Minerals Inc. to Announce Quarterly Financial Results on May 9 and Host Earnings Call on May 10

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FORT WORTH, Texas , March 23, 2023 /PRNewswire/ -- PHX Minerals Inc. (the "Company") posted a strategy update on its website, https://phxmin.com/investors/presentations, highlighting the Company's financial performance since adopting its mineral-only strategy in January 2020. The investor presentation illustrates the strategic rationale and financial advantages of the Company's current strategy.

PHX Minerals Inc. to Issue an Updated Investor Presentation

PHX Minerals Inc. (NYSE:PHX ) Q1 2023 Earnings Conference Call February 9, 2023 11:00 AM ET Company Participants Rob Fink - FNK IR Ralph D'Amico - VP and CFO Chad Stephens - President and CEO Danielle Mezo - VP, Engineering Conference Call Participants Donovan Schafer - Northland Capital Markets Derrick Whitfield - Stifel Operator Good morning and thank you for attending today's PHX Minerals December 31st 2022 Quarter End Earnings Conference Call. At this time, all lines will be muted during the presentation of the call with an opportunity for a Q&A session at the end.

PHX Minerals Inc. (PHX) Q1 2023 Earnings Call Transcript

PHX Minerals (PHX) delivered earnings and revenue surprises of -30% and 28.97%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

PHX Minerals (PHX) Q1 Earnings Lag Estimates

FORT WORTH, Texas , Feb. 8, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended Dec. 31, 2022.

PHX Minerals Reports Results For The Quarter Ended Dec. 31, 2022 and Provides 2023 Operational Outlook

FORT WORTH, Texas, Feb. 1, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced that it has closed on the two previously announced sales of its legacy non-operated working interest wellbores in the Arkoma Basin and the Eagleford Play to separate buyers for a total of $10.7 million.

PHX Minerals Inc. Announces Closing of Previously Announced Working Interest Divestitures

FORT WORTH, Texas , Jan. 26, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended Dec. 31, 2022, following the close of market on Wednesday, Feb. 8, 2023.

News for PHX Minerals Stock (PHX)