Panhandle Oil And Gas (PHX) Reports Q3 Loss of $0.21, Revenues Miss

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Go back to Panhandle Oil And Gas (PHX) Reports Q3 Loss of $0.21, Revenues Miss

PANHANDLE OIL AND GAS INC. Reports Third Quarter And Nine Months 2020 Results And Announces Dividend Payment

August 13, 2020 4:30 PM EDT

OKLAHOMA CITY, Aug. 13, 2020 /PRNewswire/ -- PANHANDLE OIL AND GAS INC., "Panhandle" or the "Company," (NYSE: PHX), today reported financial and operating results for the third quarter and nine months ended June 30, 2020.

Chad L. Stephens, President and CEO, commented, "Clearly the third quarter was challenging given the effects of the global pandemic on the economy and the energy markets. Our sales volumes were down as operators curtailed production and brought fewer wells online due to low commodity prices. While we have made significant strides in reducing costs... More