Panhandle Oil And Gas (PHX) Reports Q1 EPS of $0.11

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PANHANDLE OIL AND GAS INC. REPORTS FIRST QUARTER 2020 RESULTS

February 5, 2020 4:15 PM EST

OKLAHOMA CITY, Feb. 5, 2020 /PRNewswire/ -- PANHANDLE OIL AND GAS INC., "Panhandle" or the "Company," (NYSE: PHX), today reported financial and operating results for the first quarter ended Dec. 31, 2019.

Chad L. Stephens, CEO, commented, "Please find herein the results reflected in our first quarter 2020 financials. We continue to make progress in our transition to a minerals- and royalty-focused company despite the current challenges created by depressed natural gas prices. We closed on the purchase of our previously announced $9.3 million mineral acquisition in the core of the STACK, mostly funded with cash... More