Thu, May 8, 9:17 PM (7 days ago)
**PHX Minerals Inc. (PHX) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $10,433,287 (up 47% YoY) driven by increased natural gas and NGL prices and volumes. - **Net Income:** $4,383,882 (up from a loss of $183,615 YoY). - **Profit Margins:** Improved significantly due to higher revenues and cost management. - **Cash Flow:** Positive operating cash flow of $4,276,440, but negative free cash flow due to significant investing and financing activities. - **Earnings Changes:** Earnings per share (EPS) improved to $0.12 from a loss of $0.01 YoY. **Key Metrics & Trends:** - **Production:** Increased natural gas and oil volumes, particularly in the Haynesville Shale and SCOOP plays. - **Costs:** Lease operating expenses and transportation costs increased due to higher production and market rates. - **Derivatives:** Significant losses on derivative contracts due to settlements and valuation changes. - **Acquisitions & Divestitures:** Acquired 50 net royalty acres for $0.6 million and divested 165,326 acres for $7.9 million, resulting in a gain of $6.7 million. **Uncertainties & Future Operations:** - **Commodity Price Volatility:** Natural gas, oil, and NGL prices remain volatile, impacting future revenues. - **Interest Rates:** Changes in interest rates could affect financing costs and liquidity. - **Acquisition Strategy:** Continued focus on mineral acquisitions in core areas. - **Liquidity:** Positive working capital and availability under the credit facility support ongoing operations. **Impact on Future Operations:** - **Strategic Alternatives:** The company is evaluating opportunities for product price protection through additional hedging. - **Credit Facility:** Compliance with debt covenants and availability under the credit facility support liquidity. - **Acquisition & Divestiture Strategy:** Continued focus on mineral acquisitions and divestitures to optimize the portfolio. **Ticker:** PHX **Note:** Amounts are in thousands, 000s.