PHX Minerals Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 0.151718 million compared to USD 0.31315 million a year ago. Revenue was USD 7.87 million compared to USD 15.97 million a year ago.

Net loss was USD 0.183615 million compared to net income of USD 9.55 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.27 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to diluted earnings per share from continuing operations of USD 0.27 a year ago.