Earnings Call Summary | PHX Minerals(PHX.US) Q3 2024 Earnings Conference
Earnings Call Summary | PHX Minerals(PHX.US) Q3 2024 Earnings Conference
Net income for the quarter was $1.1 million, or $0.03 per share, compared to $1.3 million, or $0.04 per share in the previous quarter.The following is a summary of the PHX Minerals Inc. (PHX) Q3 2024 Earnings Call Transcript:
以下是潘漢德爾油氣（PHX）2024年第三季度業績發佈會摘要：
Financial Performance:
財務表現：
Reported Q3 2024 natural gas, oil, and NGL sales revenues of $7.9 million, down 20% sequentially.
Total royalty volumes for the quarter were the second highest in PHX history, despite a 20% drop in production from Q2 2024.
Net income for the quarter was $1.1 million, or $0.03 per share, compared to $1.3 million, or $0.04 per share in the previous quarter.
Reduced total debt by $5 million, reaching $27,750, reflecting a lower debt burden and strong financial management.
Reaffirmed the borrowing base under the bank credit facility at $50 million.
2024年第三季度天然氣、石油和NGL銷售收入爲790萬美元，比上一季度下降20%。
儘管2024年第二季度生產量下降20%，但本季度的特許權使用費總量爲PHX歷史第二高。
本季度凈利潤爲110萬美元，或每股$0.03，而上一季度爲130萬美元，或每股$0.04。
總債務減少了500萬美元，達到了27,750萬美元，反映出較低的債務負擔和強大的財務管理。
重申銀行信貸額度下的借款基礎爲5000萬美元。
Business Progress:
業務進展：
Notable increase in drilling activity in the SpringBoard III area, with approximately 40 gross wells currently in some stage of progress.
Continued development on both legacy and newly acquired mineral assets, expected to lead to annually increasing royalty volumes.
Invested $3 million in accretive mineral acquisitions during Q3 2024, showing disciplined and strategic capital deployment.
SpringBoard III地區的鑽井活動顯著增加，目前約有40個毛井正在進行中。
在傳統和新收購的礦產資產上持續開發，預計將導致每年增加的特許權使用費量。
在2024年第三季度投資了300萬美元用於增值礦產收購，顯示出紀律性和戰略性的資本支出。
Opportunities:
機會：
Bullish outlook for natural gas prices supported by new LNG export facilities and increased power demand driven by AI and data centers projections.
Incremental increase of about 13 Bcf a day from current levels in U.S. LNG export volumes foreseen by 2028.
Ongoing strategic acquisitions focused on high-quality drilling locations, aiming for a seven-year inventory sustaining operation without the need for aggressive acquisitions.
對天然氣價格的看好前景得到了新的液化天然氣出口設施和由人工智能及數據中心預測推動的用電需求增加的支持。
預計到2028年，美國液化天然氣出口量每日將增加約13億立方英尺。
持續進行戰略收購，專注於高質量的鑽井位置，目標是在無需激進收購的情況下維持七年的庫存。
Risks:
風險：
Delayed development decisions influenced by fluctuating natural gas prices and challenging macro environment.
Volatility in realized commodity prices with natural gas prices averaging $2 per Mcf and oil prices at $74.83 which is a 3% decline from Q2 2024.
由於天然氣價格波動和宏觀環境的挑戰，發展決策被延遲。
實現的商品價格波動，天然氣價格平均爲每千立方英尺2美元，油價爲74.83美元，較2024年第二季度下降了3%。
More details: PHX Minerals IR
更多詳情：潘漢德爾油氣投資者關係
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：欲了解更全面的細節，請參閱IR網站。 文章僅供投資者參考，不構成任何指導或推薦建議。
譯文內容由第三人軟體翻譯。