PHX Minerals Inc.

PHX Minerals Inc., "PHX" or the "Company," , today reported financial and operating results for the second quarter ended March 31, 2021. 31, 2021, AND SUBSEQUENT EVENTS Production volumes for the second fiscal quarter of 2021 were 2,297 Mmcfe, decreased from 2,373 Mmcfe in the second fiscal quarter of 2020 and increased from 2,074 Mmcfe in the first fiscal quarter of 2021. Net loss in the second fiscal quarter of 2021 was [...]

PHX Minerals Inc. today announced it will release results for its fiscal 2021 second quarter ended March 31, 2021, on Thursday, May 6, 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. EDT on May 6, 2021. Management's discussion will be followed by a question and answer session with investors. To participate on the [...]

PHX Minerals Inc. announced today that the underwriters of its recent public offering of common stock exercised their option to purchase an additional 675,000 shares of common stock at a price to the public of $2.00 per share, increasing the total number of shares purchased to 6,175,000. The net proceeds to the Company from this exercise are expected to be $1,269,000, after deducting the underwriting discount and other [...]

PHX Minerals Inc. announced today that it has priced an underwritten public offering of 5,500,000 shares of the Company's common stock at a price to the public of $2.00 per share. The Company was initially offering 5,000,000 shares of common stock. In addition, the Company granted the underwriters a 30-day option to purchase up to 825,000 additional shares of common stock at the same price per share. The offering is [...]

PHX Minerals Inc. announced today that it has agreed to acquire from certain third parties certain mineral and royalty interests totaling approximately 2,698 net royalty acres in the Southern SCOOP play for $11,947,000 in cash and stock, subject to customary closing adjustments. The purchase price consists of $9,547,000 in cash and $2,400,000 in PHX common stock. PHX intends to raise the cash portion of the purchase price [...]

PHX Minerals Inc. announced today that it has commenced an underwritten public offering of 5,000,000 shares of its common stock . PHX also intends to grant the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock. PHX intends to use the net proceeds from the offering for a pending acquisition and for general corporate purposes. Stifel is acting as the book-running manager for the [...]

PHX Minerals Inc., "PHX," or the "Company," , today announced it has entered into an agreement with Bank of Oklahoma during its borrowing base redetermination to amend its revolving credit facility. The amended facility sets the Company's borrowing base at $29 million effective April 7, 2021, and the maturity of the credit facility is extended to Nov. 30, 2023. Additionally, the quarterly commitment reduction is decreased [...]

PHX Minerals Inc., "PHX," , today announced that its Board of Directors approved a payment of one cent per share quarterly dividend at its March 2, 2021, meeting. The dividend will be payable on June 4, 2021, to shareholders of record on May 20, 2021. PHX Minerals Inc. Oklahoma City-based, PHX Minerals Inc. is a natural gas and oil mineral company with a strategy to proactively grow its mineral position in its core areas [...]

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 [...]