PHX Minerals Inc. (PHX) financial statements (2023 and earlier)
Company profile
| Business Address |
1601 NW EXPRESSWAY OKLAHOMA CITY, OK 73118 |
| State of Incorp. | OK |
| Fiscal Year End | September 30 |
| SIC | 1311 - Crude Petroleum and Natural Gas (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,559 | 2,439 | 10,690 | 6,161 | 533 | 558 | 471 | ||
| Cash and cash equivalents | 1,559 | 2,439 | 10,690 | 6,161 | 533 | 558 | 471 | ||
| Receivables | 8,020 | 8,843 | 6,748 | 5,883 | 7,135 | 8,075 | 5,371 | ||
| Derivative instruments and hedges, assets | 2,257 | 545 | |||||||
| Assets held-for-sale, not part of disposal group | 558 | ||||||||
| Other current assets | 1,333 | 942 | 351 | 177 | 579 | 253 | 419 | ||
| Other undisclosed current assets | 311 | ||||||||
| Total current assets: | 10,913 | 12,224 | 17,790 | 14,477 | 8,246 | 9,989 | 6,572 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 586 | 607 | 690 | ✕ | ✕ | ✕ | |||
| Oil and gas property, successful effort method | 109,734 | 103,601 | 80,872 | 111,725 | 198,284 | 196,584 | 191,406 | ||
| Long-term investments and receivables | 0 | 79 | 205 | 219 | 170 | 157 | |||
| Long-term investments | 0 | 79 | 205 | 219 | 170 | 157 | |||
| Derivative instruments and hedges | 238 | ||||||||
| Other noncurrent assets | 570 | 578 | 590 | ||||||
| Total noncurrent assets: | 110,890 | 104,787 | 82,232 | 112,167 | 198,504 | 196,755 | 191,563 | ||
| TOTAL ASSETS: | 121,802 | 117,011 | 100,022 | 126,645 | 206,750 | 206,744 | 198,135 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 1,112 | 2,395 | 1,786 | 2,441 | 881 | 1,847 | 2,352 | ||
| Accounts payable | 612 | 773 | 998 | 665 | 881 | 1,847 | 2,352 | ||
| Accrued liabilities | 306 | 307 | 329 | ||||||
| Employee-related liabilities | 982 | 481 | 1,447 | ||||||
| Taxes payable | 500 | 334 | |||||||
| Deferred revenue | 276 | 281 | ✕ | ✕ | ✕ | ||||
| Debt | 1,750 | ||||||||
| Derivative instruments and hedges, liabilities | 6,413 | 12,088 | 282 | 3,064 | 404 | ||||
| Other undisclosed current liabilities | 2,181 | 377 | 355 | 658 | 1,792 | 1,691 | 1,719 | ||
| Total current liabilities: | 9,707 | 15,136 | 4,454 | 3,099 | 5,737 | 3,538 | 4,474 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 20,755 | 18,289 | 27,922 | 35,425 | 51,000 | 52,222 | 44,500 | ||
| Long-term debt, excluding current maturities | 20,000 | 17,500 | 27,000 | 35,425 | 51,000 | 52,222 | 44,500 | ||
| Operating lease, liability | 755 | 789 | 922 | ✕ | ✕ | ✕ | |||
| Liabilities, other than long-term debt | 3,000 | 4,877 | 4,652 | 8,812 | 21,247 | 34,277 | 33,970 | ||
| Asset retirement obligations | 2,157 | 2,836 | 2,898 | 2,836 | 2,809 | 3,197 | 2,958 | ||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 5,976 | 18,088 | 31,051 | 30,987 | ||
| Deferred income tax liabilities | 710 | 344 | 1,329 | ✕ | ✕ | ✕ | |||
| Derivative instruments and hedges, liabilities | 133 | 1,696 | 426 | 350 | 29 | 25 | |||
| Total noncurrent liabilities: | 23,755 | 23,166 | 32,574 | 44,237 | 72,247 | 86,499 | 78,470 | ||
| Total liabilities: | 33,462 | 38,302 | 37,028 | 47,335 | 77,984 | 90,037 | 82,943 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent, including: | 88,341 | 78,709 | 62,994 | 79,310 | 128,765 | 116,708 | 115,192 | ||
| Common stock | 573 | 546 | 377 | 282 | 282 | 281 | 281 | ||
| Treasury stock, value | (5,609) | (5,785) | (6,151) | (8,344) | (2,558) | (3,090) | (4,166) | ||
| Additional paid in capital | 36,741 | 33,214 | 10,650 | 2,968 | 2,825 | 2,726 | 3,191 | ||
| Retained earnings | 54,799 | 48,966 | 56,244 | 81,848 | 125,267 | 113,330 | 112,482 | ||
| Other undisclosed stockholders' equity attributable to parent | 1,836 | 1,768 | 1,874 | 2,556 | 2,950 | 3,460 | 3,403 | ||
| Total stockholders' equity: | 88,341 | 78,709 | 62,994 | 79,310 | 128,765 | 116,708 | 115,192 | ||
| TOTAL LIABILITIES AND EQUITY: | 121,802 | 117,011 | 100,022 | 126,645 | 206,750 | 206,744 | 198,135 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 32,381 | 21,972 | 28,966 | 66,036 | 45,034 | 46,335 | 39,063 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | ✕ | 39,936 | 31,411 | |
| Gain (loss) on disposition of assets for financial service operations | 1,141 | (4,277) | (3,202) | ✕ | ✕ | |||
| Cost of revenue | (22,511) | (20,582) | (23,277) | (34,872) | (35,795) | (34,010) | (37,869) | |
| Cost of goods and services sold | (12,683) | (13,590) | ||||||
| Gross profit: | 9,870 | 1,390 | 5,688 | 31,164 | 9,239 | 12,325 | 1,194 | |
| Operating expenses | (8,628) | (8,258) | (37,929) | (85,390) | (7,342) | (8,104) | (19,192) | |
| Other operating income (expense), net | (133) | 0 | ||||||
| Other undisclosed operating income | 136 | |||||||
| Operating income (loss): | 1,245 | (6,868) | (32,241) | (54,226) | 1,897 | 4,221 | (17,998) | |
| Nonoperating income (expense) | (1,792) | 356 | ||||||
| Gains (losses) on sales of other real estate | (2,148) | 356 | ||||||
| Interest and debt expense | (1,130) | (1,255) | (1,287) | (1,996) | (1,748) | (1,275) | (1,345) | |
| Income (loss) from continuing operations before equity method investments, income taxes: | (1,677) | (7,768) | (33,527) | (56,222) | 149 | 2,946 | (19,343) | |
| Other undisclosed income from continuing operations before income taxes | 2,919 | 899 | 1,286 | 1,996 | 1,748 | 1,275 | 1,345 | |
| Income (loss) from continuing operations before income taxes: | 1,242 | (6,868) | (32,241) | (54,226) | 1,897 | 4,221 | (17,998) | |
| Income tax expense (benefit) | (180) | 651 | 8,289 | 13,481 | 12,739 | (689) | 7,711 | |
| Net income (loss) available to common stockholders, diluted: | 1,062 | (6,217) | (23,952) | (40,745) | 14,636 | 3,532 | (10,287) | |
Comprehensive Income ($ in thousands)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,062 | (6,217) | (23,952) | (40,745) | 14,636 | 3,532 | (10,287) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 1,062 | (6,217) | (23,952) | (40,745) | 14,636 | 3,532 | (10,287) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.