PHX MINERALS INC. Announces Dividend Payment
Rhea-AI Summary
PHX MINERALS INC. (NYSE: PHX) has declared a quarterly dividend of one cent per share, approved by its Board of Directors on October 18, 2021. The dividend will be payable on December 7, 2021, to shareholders of record as of November 23, 2021. This move reflects the company's strategy in the natural gas and oil sector, where it holds approximately 251,000 net mineral acres across key states including Oklahoma, Texas, and North Dakota.
Positive
- Quarterly dividend of one cent per share affirms income for shareholders.
Negative
- None.
News Market Reaction – PHX
On the day this news was published, PHX declined 2.45%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
OKLAHOMA CITY, Oct. 21, 2021 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced that its Board of Directors approved a payment of one cent per share quarterly dividend at its Oct. 18, 2021, meeting. The dividend will be payable on Dec. 7, 2021, to shareholders of record on Nov. 23, 2021.
PHX Minerals Inc. (NYSE: PHX) Oklahoma City-based, PHX Minerals Inc. is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core areas of focus. PHX owns approximately 251,000 net mineral acres principally located in Oklahoma, Texas, North Dakota, New Mexico and Arkansas. Additional information on the Company can be found at www.phxmin.com.
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SOURCE PHX MINERALS INC.