PHX Minerals Inc. (PHX)

NYSE: PHX · IEX Real-Time Price · USD
3.530
+0.200 (6.01%)
Apr 24, 2024, 4:00 PM EDT - Market closed
6.01%
Market Cap 132.16M
Revenue (ttm) 44.46M
Net Income (ttm) 13.92M
Shares Out 37.44M
EPS (ttm) 0.39
PE Ratio 9.05
Forward PE 26.08
Dividend $0.12 (3.40%)
Ex-Dividend Date Mar 15, 2024
Volume 66,338
Open 3.350
Previous Close 3.330
Day's Range 3.350 - 3.540
52-Week Range 2.510 - 3.890
Beta 0.60
Analysts Strong Buy
Price Target 5.10 (+44.48%)
Earnings Date May 7, 2024

About PHX

PHX Minerals Inc. operates as a natural gas and oil mineral company in the United States. The company produces and sells natural gas, crude oil, and natural gas liquids. Its principal properties are located in Oklahoma, Texas, Louisiana, North Dakota, and Arkansas. The company sells its products to various purchasers, including pipeline and marketing companies. The company was formerly known as Panhandle Oil and Gas Inc. and changed its name to PHX Minerals Inc. in October 2020. PHX Minerals Inc. was founded in 1926 and is headquartered in Fort... [Read more]

Sector Energy
Founded 1926
Employees 20
Stock Exchange NYSE
Ticker Symbol PHX
Full Company Profile

Financial Performance

In 2023, PHX Minerals's revenue was $44.46 million, a decrease of -16.88% compared to the previous year's $53.50 million. Earnings were $13.92 million, a decrease of -31.79%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for PHX stock is "Strong Buy." The 12-month stock price forecast is $5.1, which is an increase of 44.48% from the latest price.

Price Target
$5.1
(44.48% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

PHX Minerals Inc. to Announce Quarterly Financial Results on May 8 and Host Earnings Call on May 9

FORT WORTH, Texas , April 22, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended March 31, 2024, following the close of market on...

2 days ago - PRNewsWire

PHX Minerals Inc. Announces Reaffirmation of Borrowing Base and Extension of Revolving Credit Facility

FORT WORTH, Texas , April 18, 2024 /PRNewswire/ -- PHX Minerals Inc., "PHX" or the "Company" (NYSE: PHX) today announced that PHX's bank lending group led by Independent Financial has completed its re...

6 days ago - PRNewsWire

Beta Shale, LLC (Derby Energy, LLC managed company) calls for shareholders to reject certain proposals in PHX Minerals current proxy statement.

OKLAHOMA CITY , April 18, 2024 /PRNewswire/ -- Beta Shale, LLC ("Beta"), an Oklahoma City based oil and natural gas company that owns 1,559,910 shares of PHX Minerals Inc., "PHX" or the "Company" (NYS...

6 days ago - PRNewsWire

PHX Minerals Reports Results for the Quarter and Fiscal Year Ended Dec. 31, 2023; Announces Dividend and Provides 2024 Operational Outlook

FORT WORTH, Texas , March 12, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter and fiscal year ended Dec. 31, ...

6 weeks ago - PRNewsWire

PHX Minerals Inc. to Announce Full-Year 2023 Results on March 12 and Host Earnings Call on March 13

FORT WORTH, Texas , Feb. 5, 2024 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for its fiscal 2023 year ended Dec. 31, 2023, following the close of mar...

2 months ago - PRNewsWire

PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2023; Increases Fixed Quarterly Dividend 33% and Expands Borrowing Base

FORT WORTH, Texas , Nov. 8, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended Sept.

6 months ago - PRNewsWire

PHX Minerals Inc. to Announce Quarterly Financial Results on Nov. 8 and Host Earnings Call on Nov. 9

FORT WORTH, Texas , Oct. 24, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended Sept.

6 months ago - PRNewsWire

Beta Shale, LLC (Derby Energy, LLC managed company) sends unanswered request for transparency to the Board of PHX Minerals

OKLAHOMA CITY , Sept. 11, 2023 /PRNewswire/ -- Beta Shale, LLC ("Beta"), an Oklahoma City based oil and natural gas company that owns 1,559,910 shares of PHX Minerals Inc., "PHX" or the "Company" (NYS...

8 months ago - PRNewsWire

PHX Minerals Announces Accretive Acquisitions in Haynesville and SCOOP

FORT WORTH, Texas , Aug. 24, 2023 /PRNewswire/ -- Acquisition Highlights Expected to be immediately accretive on a cash flow per share basis Builds upon our existing mineral and royalty positions in t...

8 months ago - PRNewsWire

PHX Minerals Board of Directors Unanimously Rejects Unsolicited Proposal from WhiteHawk Income Corporation

FORT WORTH, Texas , Aug. 15, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today confirmed that its board of directors (the "Board") previously received, thoroughly revie...

9 months ago - PRNewsWire

PHX Minerals Reports Results for the Quarter Ended June 30, 2023; Announces Dividend Payment

FORT WORTH, Texas , Aug. 8, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended June 30, 2023.

9 months ago - PRNewsWire

PHX Minerals Inc. to Announce Quarterly Financial Results on Aug. 8 and Host Earnings Call on Aug. 9

FORT WORTH, Texas , July 24, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended June 30, 2023, following the close of market on T...

9 months ago - PRNewsWire

PHX Minerals Reports Record Royalty Volumes for The Quarter Ended March 31, 2023; Announces Dividend Payment

FORT WORTH, Texas , May 9, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended March 31, 2023.

1 year ago - PRNewsWire

PHX Minerals Inc. to Announce Quarterly Financial Results on May 9 and Host Earnings Call on May 10

FORT WORTH, Texas , April 24, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended March 31, 2023, following the close of market on...

1 year ago - PRNewsWire

PHX Minerals Inc. to Issue an Updated Investor Presentation

FORT WORTH, Texas , March 23, 2023 /PRNewswire/ -- PHX Minerals Inc. (the "Company") posted a strategy update on its website, https://phxmin.com/investors/presentations, highlighting the Company's fin...

1 year ago - PRNewsWire

PHX Minerals Reports Results For The Quarter Ended Dec. 31, 2022 and Provides 2023 Operational Outlook

FORT WORTH, Texas , Feb. 8, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended Dec. 31, 2022.

1 year ago - PRNewsWire

PHX Minerals Inc. Announces Closing of Previously Announced Working Interest Divestitures

FORT WORTH, Texas, Feb. 1, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced that it has closed on the two previously announced sales of its legacy non-operated working inter...

1 year ago - PRNewsWire

PHX Minerals Inc. to Announce Quarterly Financial Results on Feb. 8 and Host Earnings Call on Feb. 9

FORT WORTH, Texas , Jan. 26, 2023 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for the quarter ended Dec. 31, 2022, following the close of market on W...

1 year ago - PRNewsWire

PHX Minerals to Sell Additional Legacy Assets

Sale of 257 non-operated legacy working interest wellbores for $10.7 million, advances strategy of high-grading Company's asset base to further fixed-cost royalty production model FORT WORTH, Texas , ...

1 year ago - PRNewsWire

PHX MINERALS REPORTS FISCAL FOURTH QUARTER 2022 AND FISCAL YEAR 2022 RESULTS AND ANNOUNCES INCREASE IN DIVIDEND PAYMENT

FORT WORTH, Texas , Dec. 13, 2022 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the fiscal fourth quarter and fiscal year en...

1 year ago - PRNewsWire

PHX MINERALS INC. TO ANNOUNCE FISCAL 2022 RESULTS ON DEC.

FORT WORTH, Texas , Nov. 3, 2022 /PRNewswire/ -- PHX MINERALS INC., "PHX," (NYSE: PHX), today announced it will release results for its fiscal 2022 year ended Sept.

1 year ago - PRNewsWire

PHX Minerals Declares Regular Dividend of $0.02 Per Share

FORT WORTH, Texas , Oct. 18, 2022 /PRNewswire/ -- PHX Minerals Inc., (NYSE: PHX), today announced that its Board of Directors has declared a quarterly dividend of $0.02 per share on the company's comm...

1 year ago - PRNewsWire

PHX Minerals Announces Closing of Previously Announced Working Interest Divestiture and Additional Mineral Acquisitions

FORT WORTH, Texas, Oct. 12, 2022 /PRNewswire/ -- PHX Minerals Inc., (NYSE: PHX), today announced that it has closed on the previously announced sale of all its remaining legacy non-operated working in...

1 year ago - PRNewsWire

Marketwise (NASDAQ:MKTW), Traeger (NYSE:COOK) – MarketWise And 2 Other Penny Stocks Insiders Are Aggressively Buying

The Nasdaq Composite jumped by around 250 points on Friday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: COOKMKTW
1 year ago - Benzinga

PHX MINERALS INC. REPORTS THIRD FISCAL QUARTER 2022 RESULTS AND ANNOUNCES DIVIDEND PAYMENT

FORT WORTH, Texas , Aug. 8, 2022 /PRNewswire/ -- PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the third fiscal quarter ended June 30, 2022.

1 year ago - PRNewsWire