What Drove The PHX Stock Higher In Post-Hour Trades?

PHX Minerals Inc. (PHX) rose on Monday’s charts, up 3.04% to trade at $2.71 in aftermarket trading. The PHX Minerals stock closed the regular session at $2.63 with an increase of 14.85%. In the 50-day moving average, the PHX stock’s price is $2.99, which is above the 200-day moving average, which is $2.34.

A RSI of 49.71 is currently being maintained by the PHX stock. Although there have been no recent developments directly linked to the PHX stock, it did announce recently that it will release its financials soon.

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When will the financial announcement be made?

The Oklahoma City-based company PHX Minerals is involved in oil and natural gas exploration. The PHX strategy is to build its mineral position more proactively in its core focus areas. About 253,000 mineral acres belong to PHX, which mainly consists of Oklahoma, Texas, North Dakota, New Mexico, and Arkansas.

On Thursday, May 6, 2021, following the closing of New York Stock Exchange trading, PHX Minerals will release second-quarter results for its fiscal 2021. PHX’s results will also be discussed during a conference call on May 6, 2021, at 5:00 PM EDT.

Following the discussion of the management of PHX, the audience will be invited to pose questions. PHX has provided both domestic and international numbers so that stakeholders may participate on the conference call.

What else?

The news release provided by PHX Minerals (PHX) will be available at its website (www.phxmin.com) in the “Investors” section. Moreover, participants of the PHX conference call will be able to listen to a recording by dialing 877-481-4010 and entering the access code 40717.

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