PHX Minerals Sees FY24 Total Production (Mmcfe) 9,700-10,300
Portfolio Pulse from Benzinga Newsdesk
PHX Minerals has projected its total production for the fiscal year 2024 to be between 9,700 and 10,300 Mmcfe.
August 07, 2024 | 9:01 pm
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POSITIVE IMPACT
PHX Minerals has projected its total production for the fiscal year 2024 to be between 9,700 and 10,300 Mmcfe. This forecast could positively influence investor sentiment and potentially drive the stock price up in the short term.
The production forecast indicates a stable or potentially increasing output, which is generally a positive signal for investors. This could lead to a short-term increase in the stock price as market participants react to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100