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WhiteHawk Completes Acquisition of PHX

1. WhiteHawk Income Corporation acquired PHX Minerals Inc. on June 23, 2025. 2. The acquisition followed a previously announced tender offer.

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$4.3506/23 08:50 AM EDTEvent Start

$4.3506/24 01:27 PM EDTLatest Updated
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FAQ

Why Bullish?

Mergers often lead to increased market confidence and stock valuation. Historical acquisitions, like that of Atmos Energy's purchase of Energen, show initial positive price movements.

How important is it?

The merger significantly impacts PHX’s strategic position and future growth potential, suggesting increased investor interest.

Why Long Term?

Acquisitions typically improve operational efficiencies and growth potential, indicating sustained positive effects for PHX's valuation over time.

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PHILADELPHIA--(BUSINESS WIRE)--WhiteHawk Income Corporation (together with WhiteHawk Energy, LLC and their respective subsidiaries, “WhiteHawk” or the “Company”) announced today that it has completed the acquisition of PHX Minerals Inc. (“PHX”) (NYSE: PHX). Following completion of the previously announced tender offer, WhiteHawk completed the acquisition of PHX on June 23, 2025 through a merger pursuant to the Agreement and Plan of Merger, dated as of May 8, 2025, by and among WhiteHawk Merger.

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