PHX News

PANHANDLE OIL AND GAS INC. (NYSE: PHX) today announced it will release results for its fiscal 2020 first quarter ended Dec. 31, 2019, on Wednesday, Feb. 5, 2020, 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. 5, 2020. Management's discussion will be followed by a question and answer session with investors. To participate on the conference call, please dial 844-407-9500 (domestic) or 862-298-0850 (international).

PANHANDLE OIL AND GAS INC. (NYSE: PHX) (the "Company" or "Panhandle") announced that Chad L. Stephens was approved as Chief Executive Officer of Panhandle, effective Jan. 16, 2020. Mr. Stephens was previously Interim Chief Executive Officer and currently serves as a member of Panhandle's board of directors.

PANHANDLE OIL AND GAS INC. (NYSE: PHX) today announced it will release results for its fiscal 2020 second quarter ended March 31, 2020, on Thursday, May 7, 2020, 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 7, 2020. Management's discussion will be followed by a question and answer session with investors. To participate on the conference call, please dial 844-602-0380 (domestic) or 862-298-0970 (international).

PANHANDLE OIL AND GAS INC. (NYSE: PHX) ("Panhandle") today announced that on Dec. 18, 2019, it closed on the acquisition of 700 net mineral acres in the core of the STACK play in Oklahoma for $9.56 million (the "Transaction") in cash subject to customary closing adjustments. The Transaction has an effective date of Sept. 1, 2019, which entitles Panhandle to revenues from volumes produced on and after such date. The Transaction was funded from cash on hand in 1031 escrow accounts associated with the sale of largely non-producing assets in the Permian Basin and a small amount of borrowing on Panhandle's credit facility.

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Panhandle Oil & Gas (PHX) delivered earnings and revenue surprises of 950.00% and 55.11%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

Panhandle Oil & Gas (PHX) delivered earnings and revenue surprises of 2400.00% and 0.35%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?

PANHANDLE OIL AND GAS INC. (NYSE: PHX) announced that its Board of Directors, at its Dec. 11, 2019, meeting, approved a payment of the regular 4 cents per share quarterly dividend. The dividend will be payable on March 6, 2020, to stockholders of record on Feb. 20, 2020.

PANHANDLE OIL AND GAS INC., "Panhandle" or the "Company," (NYSE: PHX), today reported financial and operating results for the second quarter ended March 31, 2020.

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PANHANDLE OIL AND GAS INC. (NYSE: PHX) the "Company," today announced that Robert E. Robotti is retiring from the Company's Board of Directors effective May 1, 2020. Mr. Robotti has served on Panhandle's Board of Directors since 2004. As a result of Mr. Robotti's retirement, the Company's Board of Directors has decided to reduce its size from six directors to five directors at this time and will not fill the vacancy created by Mr. Robotti's departure.

PANHANDLE OIL AND GAS INC. (NYSE: PHX) the "Company," today announced that Robb P. Winfield, Vice President, CFO, Controller and Corporate Secretary, resigned from his positions on March 9, 2020, effective immediately. Mr. Winfield has served as Panhandle's Controller since February 2008 and, from March 2009 through December 2016, also held the position of Chief Accounting Officer. He was named Vice President, Chief Financial Officer and Controller on Jan. 1, 2017.

Panhandle Oil and Gas Inc. has revealed that Chad L. Stephens has been approved as the new chief executive officer of the company.

PANHANDLE OIL AND GAS INC. (NYSE: PHX) the "Company," today announced the Company's stockholders, at their annual meeting on March 3, 2020, in Oklahoma City, re-elected two incumbent directors to additional three-year terms. Mark T. Behrman of Oklahoma City and Chad L. Stephens of Fort Worth, Texas, were elected to serve three-year terms ending in 2023. In addition, the stockholders approved the Panhandle Oil and Gas Inc. Amended Restricted Stock Plan, approved an Amended and Restated Certificate of Incorporation and ratified the appointment of Ernst & Young, LLP as the Company's independent registered public accounting firm for the fiscal year ending Sept. 30, 2020.

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Thank you for joining us today to discuss our 2020 second quarter results. With me on the call today for prepared remarks are Chad Stephens, President and Chief Executive Officer; Freda Webb, VP of mineral operations.