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PHX Energy Announces Strong Third Quarter Results, a Further Increase to Its Quarterly Dividend, Its Preliminary 2023 Capital Expenditures Budget and a New Shareholder Return of Capital Strategy - ROCS Program

Third Quarter Highlights Consolidated revenue of $142.4 million is the highest third quarter revenue on record and the second highest quarterly revenue in the
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PHX Energy Announces Its Operating and Financial Results

Financial Results In the first quarter of 2021, PHX Energy reported improved adjusted EBITDA as a percentage of revenue and earnings from continuing operations despite the ongoing effects of the COVID-19 pandemic. For the three-month period ended March 31, 2021, the Corporation achieved adjusted EBITDA from continuing operations of $14.5 million, 21 percent of revenue, compared to $19.3 million, 19 percent of revenue, in the corresponding 2020-period. Earnings from continuing operations in the ...
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