Previous Close | 3.2900 |
Open | 3.2900 |
Bid | 3.1800 x 800 |
Ask | 3.8100 x 1800 |
Day's Range | 3.2500 - 3.3700 |
52 Week Range | 2.5200 - 3.8900 |
Volume | |
Avg. Volume | 44,522 |
Market Cap | 123.988M |
Beta (5Y Monthly) | 0.60 |
PE Ratio (TTM) | 8.49 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.12 (3.65%) |
Ex-Dividend Date | Mar 15, 2024 |
1y Target Est | N/A |
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 Wednesday, May 8, 2024.
PHX Minerals Inc., "PHX" or the "Company" (NYSE: PHX) today announced that PHX's bank lending group led by Independent Financial has completed its regularly scheduled semi-annual redetermination of the Company's senior secured credit facility (the "Credit Facility") and reaffirmed the existing $50 million Borrowing Base with no changes to pricing, covenants or other material terms. Further, the Maturity Date of the credit facility was extended from Sept. 1, 2025, to Sept. 1, 2028.
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" (NYSE: PHX), sent another letter of concern to the PHX Board of Directors on April 17, 2024 about PHX performance and future direction. In response to a disappointing Q4 2023 earnings call, Beta Shale, LLC will vote against proposals 1 (Election of Directors), 2 (Executive Compensation), and 4 (Shelf Registration) of current proxy statement (Form DE