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 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 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
WhiteHawk Energy Reiterates Proposal to Acquire PHX Minerals, Inc. for $4.00 per Share in an All-Cash Transaction
Proposal reflects a 19% premium to PHX's 90 day volume weighted average price, and a 17% premium to PHX's 30 day volume weighted average price WhiteHawk letter to PHX Board of Directors highlights PHX stockholders suffering from excessive G&A expenses, dilutive acquisitions, minimal dividends, and as a result, persistent stock price underperformance WhiteHawk has acquired and currently owns 946,506 common shares of PHX or approximately 2.5% of the outstanding common stock Urges the PHX Board of Directors to engage with WhiteHawk to pursue and complete a transaction following unwillingness to engage over the past 18 months WhiteHawk Energy, LLC (together with its subsidiaries, "WhiteHawk
10/14/24 4:05:00 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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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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