PHX Minerals Q2 2024 GAAP EPS $(0.01) Misses $0.02 Estimate, Sales $7.869M Miss $8.059M Estimate

5/8/24 5:20:43 PM ET

Oil & Gas Production

Energy

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PHX Minerals (NYSE:PHX) reported quarterly losses of $(0.01) per share which missed the analyst consensus estimate of $0.02 by 150 percent. This is a 103.7 percent decrease over earnings of $0.27 per share from the same period last year. The company reported quarterly sales of $7.869 million which missed the analyst consensus estimate of $8.059 million by 2.35 percent. This is a 50.74 percent decrease over sales of $15.973 million the same period last year.

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Recent Analyst Ratings for
$PHX

Date	Price Target	Rating	Analyst
9/15/2023	$5.50	Buy	Johnson Rice
10/3/2022	$6.00	Outperform	Northland Capital

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$PHX
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PHX Minerals Inc. Response to the WhiteHawk Proposal
FORT WORTH, Texas, Nov. 14, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE:PHX): The Board of Directors of PHX responds to the WhiteHawk Energy, LLC ("WhiteHawk") 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 Board of Directors of PHX believes it is in the best interest of the Company's stockholders to decline this proposal. About PHX Minerals Inc. PHX Minerals is a natural gas and oil mineral company with a s
11/14/24 9:00:00 AM ET
$PHX
Oil & Gas Production
Energy
WhiteHawk Energy Calls for Response from Board of PHX Minerals, Inc. related to its Proposal to Acquire PHX in a $4.00 per Share All-Cash Transaction
Calls upon the PHX Board of Directors to engage with WhiteHawk to pursue and complete a transaction Encourages PHX stockholders to reach out to PHX's Board and ask them to engage with WhiteHawk around a value-maximizing transaction WhiteHawk Energy, LLC (together with its subsidiaries, "WhiteHawk"), calls for a response from the Board of Directors of PHX Minerals, Inc. ("PHX" or the "Company") 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 tr
11/12/24 8:00:00 AM ET
$PHX
Oil & Gas Production
Energy
PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2024
FORT WORTH, Texas, Nov. 6, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE:PHX), 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 ended Sept. 30, 2023.Adjusted EBITDA(1) was $4.9 million, compared to $6.4 million for the quarter ended June 30, 2024 and $6.3 million for the quarter ended Sept. 30, 2023.Royalty production volumes decreased 23% to 2
11/6/24 4:15:00 PM ET
$PHX
Oil & Gas Production
Energy

PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2024
FORT WORTH, Texas, Nov. 6, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE:PHX), 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 ended Sept. 30, 2023.Adjusted EBITDA(1) was $4.9 million, compared to $6.4 million for the quarter ended June 30, 2024 and $6.3 million for the quarter ended Sept. 30, 2023.Royalty production volumes decreased 23% to 2
11/6/24 4:15:00 PM ET
$PHX
Oil & Gas Production
Energy
PHX Minerals Inc. to Announce Quarterly Financial Results on Nov. 6 and Host Earnings Call on Nov. 7
FORT WORTH, Texas, Oct. 23, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: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 (U.S. Toll-Free) or 201-389-0927. A replay of the conference call will be available for 14 days by dialing 877-660-6853 and using the access code 13748980. A live audio webcast of the conference call will be accessible from the "Investors" section of the PHX website at https://phxmin.com/events. The webcast
10/23/24 4:15:00 PM ET
$PHX
Oil & Gas Production
Energy
PHX Minerals Reports Record Royalty Volumes for the Quarter Ended June 30, 2024; Increases Fixed Quarterly Dividend Payment 33%
FORT WORTH, Texas, Aug. 7, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE:PHX), 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 ($0.2) million, or ($0.01) per diluted share, for the quarter ended March 31, 2024.Adjusted EBITDA(1) was $6.4 million, compared to $4.6 million for the quarter ended March 31, 2024.Royalty production volumes increased 46%, to a quarterly record 2,709 Mmcfe, compared to the quarter ended March 31, 2024, as a result of high interest high impact wells coming online in the Hayn
8/7/24 4:15:00 PM ET
$PHX
Oil & Gas Production
Energy

PHX Minerals Q2 2024 GAAP EPS $(0.01) Misses $0.02 Estimate, Sales $7.869M Miss $8.059M Estimate

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$PHX Large Ownership Changes

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SEC Form SC 13D filed by PHX Minerals Inc.

SEC Form SC 13G/A filed by PHX Minerals Inc. (Amendment)

SEC Form SC 13G filed by PHX Minerals Inc.

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PHX Minerals Inc. Response to the WhiteHawk Proposal

WhiteHawk Energy Calls for Response from Board of PHX Minerals, Inc. related to its Proposal to Acquire PHX in a $4.00 per Share All-Cash Transaction

PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2024

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$PHX Insider Trading

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SVP - CFO D'Amico Raphael bought $9,898 worth of shares (3,000 units at $3.30), increasing direct ownership by 0.58% to 520,124 units (SEC Form 4)

D'Amico Raphael bought $10,017 worth of shares (3,000 units at $3.34), increasing direct ownership by 0.58% to 517,124 units (SEC Form 4)

True Chad bought $6,565 worth of shares (2,000 units at $3.28), increasing direct ownership by 3% to 76,020 units (SEC Form 4)

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Johnson Rice initiated coverage on PHX Minerals with a new price target

Northland Capital resumed coverage on PHX Minerals with a new price target

Seaport Global initiated coverage on PHX Minerals

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