PHX Minerals Inc.

WhiteHawk Income Corporation announced that a majority of the outstanding shares of common stock, par value $0.01666 per share , of PHX Minerals Inc. were validly tendered and the other conditions to the tender offer have been satisfied. WhiteHawk anticipates the acquisition of PHX will be consummated by WhiteHawk in accordance with, and subject to the terms of, the definitive agreement for the acquisition on Monday, June [...]

PHX Minerals Inc., "PHX" or the "Company" , today reported financial and operating results for the quarter ended March 31, 2025. Summary of Results for the Quarter Ended March 31, 2025 Net income was $4.4 million, or $0.12 per diluted share, compared to net income of $0.1 million, or $0.00 per diluted share, for the quarter ended Dec. 31, 2024, and net loss of million, or per diluted share, for the quarter ended March 31 [...]

WhiteHawk Income Corporation , a natural gas mineral and royalty company, and PHX Minerals Inc. today announced they have entered into a definitive agreement under which WhiteHawk will acquire PHX in an all-cash transaction that values PHX at $4.35 per share, or total value of approximately $187 million, including PHX's net debt. Through the transaction, WhiteHawk will add approximately 1.8 million gross unit acres of [...]

PHX Minerals Inc., "PHX," , today announced it will release results for the quarter ended March 31, 2025, following the close of market on Thursday, May 8, 2025. Management will host a conference call to discuss the results at 11 a.m. ET on May 9, 2025. Interested parties may access the conference call by dialing 877-407-3088 or 201-389-0927. A replay of the conference call will be available for 14 days by dialing [...]

PHX Minerals Inc., "PHX," , today announced it will release results for the year ended Dec. 31, 2024, following the close of market on Wednesday, March 12, 2025. Management will host a conference call to discuss the results at 11 a.m. ET on March 13, 2025. Interested parties may access the conference call by dialing 877-407-3088 or 201-389-0927. A replay of the conference call will be available for 14 days by dialing [...]

PHX Minerals Inc., "PHX" or the "Company" , today announced that its Board of Directors has agreed to initiate a process to evaluate certain strategic alternatives to maximize shareholder value, including a potential merger or sale of the Company. RBC Capital Markets, LLC has been retained as financial advisor to assist in the review process. About PHX Minerals Inc. PHX Minerals Inc. is a natural gas and oil mineral [...]

PHX Minerals Inc., "PHX" or the "Company" : The Board of Directors of PHX responds to the WhiteHawk Energy, LLC 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 [...]

WhiteHawk Energy, LLC , calls for a response from the Board of Directors of PHX Minerals Inc. 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 transaction to PHX and its advisors [...]

PHX Minerals Inc., "PHX" or the "Company" , 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 [...]

PHX Minerals Inc., "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 or 201-389-0927. A replay of the conference call will be available for 14 days by dialing [...]