PHX Minerals Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 0.02278 million compared to USD 0.034482 million a year ago. Revenue was USD 11.78 million compared to USD 18.27 million a year ago. Net income was USD 2.51 million compared to USD 3.35 million a year ago. Basic earnings per share from continuing operations was USD 0.07 compared to USD 0.09 a year ago. Diluted earnings per share from continuing operations was USD 0.07 compared to USD 0.09 a year ago.

For the full year, the company reported sales was USD 1.07 million. Revenue was USD 44.46 million. Net income was USD 13.92 million. Basic earnings per share from continuing operations was USD 0.39. Diluted earnings per share from continuing operations was USD 0.39.