PHX Minerals Inc.

PHX Minerals Inc., "PHX" or the "Company," , today reported financial and operating results for the first quarter ended Dec. 31, 2020. 31, 2020, AND SUBSEQUENT EVENTS Production volumes for the first fiscal quarter of 2021 were 2,074 Mmcfe, up from 2,038 Mmcfe in the fourth fiscal quarter of 2020 and down from 2,278 Mmcfe in the first fiscal quarter of 2020. Net loss in the first fiscal quarter of 2021 was $0.6 million [...]

PHX Minerals Inc., "PHX," , today announced it will release results for its fiscal 2021 first quarter ended Dec. 31, 2020, on Monday, Feb. 8, 2021, following the close of trading on the New York Stock Exchange. Additionally, the Company will host a conference call to discuss the results at 5:00 p.m. EST on Feb. 8, 2021. Management's discussion will be followed by a question and answer session with investors. To [...]

PHX Minerals Inc., "PHX," , today announced that John H. Pinkerton was appointed to the Company's Board of Directors effective Feb. 1, 2021. Mr. Pinkerton was appointed to replace Robert E. Robotti, who retired effective May 1, 2020, and his appointment increases the board's size to six members. "Our Board and management team are delighted that Mr. Pinkerton has agreed to join our Board of Directors. His extensive [...]

PHX Minerals Inc., "PHX" or the "Company," , today reported financial and operating results for the fourth quarter and fiscal year ended Sept. 30, 2020. Chad L. Stephens, President and CEO, commented, "In many respects, the COVID-19 pandemic impacted the energy industry harder than any other major sector of the U.S. economy in 2020. While natural gas and oil prices have rebounded recently, 2020 saw some of the largest [...]

PHX Minerals Inc. today announced it will release results for its fiscal 2020 year ended Sept. 30, 2020, on Thursday, Dec. 10, 2020, following the close of trading on the New York Stock Exchange. Additionally, the Company will host a conference call to discuss the results at 5:00 p.m. EST on Dec. 10, 2020. Management's discussion will be followed by a question and answer session with investors. To participate on the [...]

PHX Minerals Inc. announced that its Board of Directors approved a payment of one cent per share quarterly dividend at its Oct. 23, 2020, meeting. The dividend will be payable on Dec. 7, 2020, to shareholders of record on Nov. 23, 2020. PHX Minerals Inc. Oklahoma City-based, PHX Minerals Inc. is an oil and natural gas mineral company with a strategy to proactively grow its mineral position in our core areas of focus. PHX [...]

Panhandle Oil and Gas today announced that it has officially changed its name to PHX Minerals Inc. effective Oct. 8, 2020. In conjunction with its name change the Company has also unveiled a new logo. The Company's ticker will remain "PHX" on the NYSE. Chad L. Stephens, President and CEO, commented, "At the beginning of this year, we embarked on a new corporate strategy to become a minerals-only company. This new strategy [...]

Panhandle Oil and Gas Inc. today announced that it has closed the previously announced purchase of two mineral and royalty packages in Grady County, Okla., and Panola and Harrison Counties from Red Stone Resources, LLC for approximately $5.5 million in cash and 153,375 shares of Panhandle common stock, which are subject to the customary closing adjustments. Panhandle is entitled to the cash flow from production [...]

Panhandle Oil and Gas Inc. announced today that it priced its previously announced underwritten public offering of 5,000,000 shares of common stock at a price to the public of $1.63 per share. In addition, the Company has also granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock at the same price per share. The offering is expected to close on or about Sept. 1, 2020, subject [...]

Panhandle Oil and Gas Inc. today announced that it has agreed to acquire two packages of mineral and royalty assets totaling approximately 795 net royalty acres in the SCOOP and Haynesville plays from Red Stone Resources, LLC for $6.9 million in cash and stock, subject to customary closing adjustments. The purchase price consists of $6.4 million in cash and $0.5 million in Panhandle common stock. Panhandle intends to [...]