PHX Minerals Inc. is a natural gas and oil mineral company that owns mineral and royalty interests in various states across the United States.
PHX Minerals Inc. operates as a prominent natural gas and oil mineral company across the United States, specializing in the acquisition, development, and sale of mineral rights and interests. With a robust portfolio spanning Oklahoma, Texas, Louisiana, North Dakota, and Arkansas, the company leverages its extensive holdings to produce and market natural gas, crude oil, and natural gas liquids. As of September 30, 2022, PHX Minerals Inc. boasted ownership of perpetual mineral rights over 244,739 net acres, alongside leasing agreements covering 16,260 net acres. The company also holds substantial working interests and royalty interests in 6,326 actively producing oil and natural gas wells, with an additional 172 wells in various stages of drilling or completion.
Founded in 1926 and headquartered in Fort Worth, Texas, PHX Minerals Inc. has a rich heritage in the energy sector, initially operating under the name Panhandle Oil and Gas Inc. before rebranding to reflect its expanded focus and strategic direction in October 2020. Beyond its core operations in mineral exploration and production, the company actively engages in sales activities, supplying its natural gas, crude oil, and natural gas liquids to a diverse clientele that includes pipeline operators and marketing firms. PHX Minerals Inc. remains committed to optimizing its mineral assets and expanding its footprint in key energy-producing regions across the country.
Driven by a legacy of innovation and a steadfast commitment to excellence, PHX Minerals Inc. continues to play a pivotal role in the dynamic landscape of natural resource extraction. With a proactive approach to mineral management and strategic partnerships within the industry, the company aims to sustainably maximize the value of its extensive mineral rights portfolio while contributing to the ongoing growth and stability of America's energy sector.