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PHX Minerals Inc. - $PHX STOCK NEWS

Welcome to our dedicated page for PHX Minerals news (Ticker: $PHX), a resource for investors and traders seeking the latest updates and insights on PHX Minerals stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PHX Minerals's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PHX Minerals's position in the market.

Rhea-AI Summary
PHX Minerals Inc. will announce its quarterly financial results on May 8, 2024, for the quarter ended March 31, 2024, and will host an earnings call on May 9, 2024, at 11 a.m. EDT. Interested parties can access the conference call through dial-in or live webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
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Rhea-AI Summary
PHX Minerals Inc. announces the reaffirmation of its $50 million Borrowing Base and the extension of its Revolving Credit Facility until September 1, 2028. The company's bank lending group completed the semi-annual redetermination with no changes to pricing, covenants, or other terms. The President and CEO, Chad Stephens, highlights the quality of assets and financial strength.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
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none
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Rhea-AI Summary
Beta Shale, opposes certain proposals in PHX Minerals' proxy statement, urging shareholders to reject them. Beta, an oil and gas company based in Oklahoma City, owns 1,559,910 shares of PHX Minerals Inc. (NYSE: PHX).
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.09%
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none
Rhea-AI Summary
PHX Minerals Inc. reported strong financial results for the quarter and fiscal year ended Dec. 31, 2023, with net income of $2.5 million and $13.9 million, respectively. Adjusted EBITDA was $4.5 million and $22.7 million for the same periods. Royalty production volumes increased by 23% for the full fiscal year, while total production volumes decreased by 3%. The company raised its quarterly dividend by 33% despite challenges in the natural gas pricing environment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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dividends earnings
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Rhea-AI Summary
PHX Minerals Inc. will release its fiscal 2023 year-end results on March 12, 2024, following a change in fiscal year end approved by the Board in 2022. The management will host a conference call on March 13, 2024, to discuss the results. Interested parties can access the call via phone or webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
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Rhea-AI Summary
PHX Minerals Inc. (PHX) reported financial and operating results for the quarter ended Sept. 30, 2023. Net income was $1.9 million, adjusted EBITDA was $6.3 million, and royalty production volumes increased 3% compared to the previous quarter. PHX announced a 33% increase in its fixed quarterly dividend to $0.03 per share. The company's debt to adjusted EBITDA ratio was 1.31x at Sept. 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.55%
Tags
dividends
Rhea-AI Summary
PHX Minerals Inc. announced it will release Q3 2023 results on November 8, 2023, and host a conference call on November 9, 2023, to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.08%
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Rhea-AI Summary
Beta Shale requests transparency from PHX Minerals Board
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.53%
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none
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Rhea-AI Summary
PHX Minerals Inc. to acquire 988 net royalty acres targeting Haynesville and SCOOP plays for $13.6 million
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.12%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.46%
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management
PHX Minerals Inc.

NYSE:PHX

PHX Rankings

PHX Stock Data

124.74M
24.90M
15.01%
45.7%
0.31%
Crude Petroleum and Natural Gas Extraction
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
FORT WORTH

About PHX

panhandle oil & gas inc is an oil and energy company located in 6007 oklahoma ave, woodward, oklahoma, united states.