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PHX Minerals (PHX)
NYSE:PHX
Earnings Data
Report Date
May 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.05Last Year’s EPS
-0.01Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 12, 2025
|% Change Since: 1.80%
|Next Earnings Date:May 07, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a resilient performance by PHX Minerals Inc. amidst challenging industry conditions. While production volumes and dividends increased, the company faced challenges such as decreased reserves and lower realized prices. Debt reduction and ongoing strategic evaluations indicate a positive outlook, but financial pressures remain evident.Company Guidance
During the PHX Minerals Inc. earnings call for the fiscal year ending December 31, 2024, the company reported a 5% increase in total production volumes and an 8% rise in royalty volumes despite challenging natural gas market conditions. EBITDA slightly decreased year-over-year, supported by a traditional hedging program, while natural gas prices were expected to improve with a gas strip well over $4. The total proved reserves decreased by 11% to 63.7 BCFE, with a PV-10 of $79.6 million. The company highlighted a 33% increase in dividends and announced the sale of non-producing minerals for $8 million, which helped reduce debt. Fourth-quarter sales revenues increased by 13% to $8.9 million, while the full year's revenues decreased by 8% to $33.7 million, with natural gas prices averaging $2.19 per Mcf for the year. Adjusted EBITDA for the year was $21.3 million, and net income for the quarter was $109,000. Total debt was reduced to $19.8 million post-quarter, bringing the pro forma leverage to under one time. The company continues to monitor strategic alternatives and plans to update shareholders upon completion of the process.Increase in Production Volumes
Total production volumes increased by approximately 5% year over year, with royalty volume up 8% for the year.
Dividend Increase
The dividend increased by 33% as announced in the third quarter of 2024, reflecting confidence in asset quality and future growth potential.
Debt Reduction
Debt was reduced to $19.8 million from $29.5 million through proceeds from the sale of non-producing minerals, improving the financial leverage to under 1.0 times adjusted EBITDA.
Resilient Financial Performance
Despite challenging conditions, PHX Minerals Inc. demonstrated resilience with adjusted EBITDA for the quarter increasing to $5.4 million, compared to $4.9 million in the prior quarter.
Strategic Alternatives Review
The company is actively evaluating strategic alternatives to unlock shareholder value, indicating potential future growth opportunities.
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PHX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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PHX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 12, 2025 | $3.89 | $3.83 | -1.54% |
| Mar 12, 2025 | $3.89 | $3.83 | -1.54% |
| Nov 06, 2024 | $3.43 | $3.43 | 0.00% |
| Aug 07, 2024 | $3.14 | $3.26 | +3.82% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does PHX Minerals (PHX) report earnings?
PHX Minerals (PHX) is schdueled to report earning on May 07, 2025, TBA Not Confirmed.
What is PHX Minerals (PHX) earnings time?
PHX Minerals (PHX) earnings time is at May 07, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PHX EPS forecast?
PHX EPS forecast for the fiscal quarter 2025 (Q2) is 0.05.
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