PHX Minerals Declares Regular Dividend of $0.02 Per Share
Rhea-AI Summary
PHX Minerals Inc. (NYSE: PHX) announced a quarterly dividend of $0.02 per share, payable on Dec. 7, 2022, to shareholders of record on Nov. 23, 2022. The company, based in Fort Worth, Texas, focuses on the natural gas and oil mineral sector, owning mineral rights primarily in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. This dividend highlights the company's commitment to returning value to shareholders while strategically growing its mineral position in key areas.
Positive
- Quarterly dividend of $0.02 per share indicates ongoing shareholder returns.
- Active growth strategy in mineral positions suggests potential for future value.
Negative
- None.
News Market Reaction
On the day this news was published, PHX gained 1.12%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FORT WORTH, Texas, Oct. 18, 2022 /PRNewswire/ -- PHX Minerals Inc., (NYSE: PHX), today announced that its Board of Directors has declared a quarterly dividend of
PHX Minerals Inc. (NYSE: PHX) Fort Worth-based, PHX Minerals Inc. 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 principally located in Oklahoma, Texas, Louisiana, North Dakota and Arkansas. Additional information on the Company can be found at www.phxmin.com.
View original content:https://www.prnewswire.com/news-releases/phx-minerals-declares-regular-dividend-of-0-02-per-share-301652703.html
SOURCE PHX MINERALS INC.
FAQ
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