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PHX Shares End Trading as WhiteHawk Closes $187MM Merger

Summary by Hart Energy

The combined company will manage 3.1 million gross unit acres across the Marcellus, Haynesville and other U.S. shale plays.

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WhiteHawk Finally Gets PHX Minerals to the Altar; Merger Done - Marcellus Drilling News

Talk about shotgun weddings! WhiteHawk Energy has been smitten with PHX Minerals for two years. WhiteHawk repeatedly proposed marriage (M&A), yet PHX repeatedly gave WhiteHawk the cold shoulder (see our WhiteHawk/PHX articles here). After begging, pleading, threatening, and appealing to shareholders, WhiteHawk did it. In May, WhiteHawk, one of the largest royalty owners in the...

19 hours ago

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