Panhandle Oil & Gas has officially changed its name to PHX Minerals Inc. effective Oct. 8, 2020. In conjunction with its name change the Company has also unveiled a new logo.

Chad L. Stephens, President and CEO, commented, 
"At the beginning of this year, we embarked on a new corporate strategy to become a minerals-only company. This new strategy means we will no longer participate as a non-operated working interest owner in the drilling of new wells. In our just ended fiscal year 2020, we did not participate as a working interest owner in any wells. As we methodically execute this new strategy by acquiring producing minerals in our core areas with high rock quality and line-of-sight development under credit worthy reputable operators, we will slowly high grade our existing asset base by divesting lower margin properties. This new strategy will emphasize growth on a NAV accretive basis. The name change and new Company logo emphasize this new strategy and reflect our commitment of proactive execution." 

KeyFacts Energy Industry Directory: PHX Minerals