PHX Minerals Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 0.620101 million compared to USD 0.01735 million a year ago. Revenue was USD 9.18 million compared to USD 17.55 million a year ago. Net income was USD 1.9 million compared to USD 9.16 million a year ago. Basic earnings per share from continuing operations was USD 0.05 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.05 compared to USD 0.25 a year ago.
For the nine months, sales was USD 1.05 million compared to USD 0.388587 million a year ago. Revenue was USD 32.68 million compared to USD 36.89 million a year ago. Net income was USD 11.41 million compared to USD 13.73 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.31 compared to USD 0.39 a year ago.