---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-045600"
form_type: "8-K"
ticker: null
cik: "0000315131"
company_name: "PHX MINERALS INC."
filed_at: "2024-04-18T23:59:59+00:00"
generated_at: "2026-06-03T19:47:11.800965+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# PHX Minerals extends credit facility maturity to Sept 2028; borrowing base reaffirmed at $50M

## Summary
- Maturity date extended from Sept 1, 2025 to Sept 1, 2028 via Sixth Amendment to Credit Agreement.
- Borrowing base reaffirmed at $50 million, constituting the periodic redetermination for June 1, 2024.
- Extension fee of $250,000 paid; committed sums total $50M among three lenders.
- Lenders: Independent Bank ($25M), MidFirst Bank ($15M), UMB Bank ($10M).

## SEC filing metadata
- accession: 0000950170-24-045600
- form_type: 8-K
- cik: 0000315131
- company_name: PHX MINERALS INC.
- filed_at: 2024-04-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315131/000095017024045600/0000950170-24-045600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315131/000095017024045600/phx-20240418.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-045600
- JSON: https://secwatch.observer/filing/0000950170-24-045600.json
- Plain text: https://secwatch.observer/filing/0000950170-24-045600.txt

## Key facts
- Debt Financings
  PHX MINERALS INC. amended credit facility of $50 million with Independent Bank maturing September 1, 2028.
  - Instrument: credit facility
  - Principal: $50 million
  - Counterparty: Independent Bank
  - Maturity: September 1, 2028
  - Event: amendment
  source text: Pursuant to the terms of the Sixth Amendment, among other changes, (a) the maturity date was extended from September 1, 2025 to September 1, 2028 and (b) the borrowing base under the credit facility set forth in the Credit Agreement was reaffirmed at $50 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/315131/000095017024045600/0000950170-24-045600-index.htm
- Material Agreements
  PHX MINERALS INC. amended Sixth Amendment with Independent Bank (effective 2024-04-18).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: Independent Bank
  - Effective: 2024-04-18
  source text: On April 18, 2024, PHX Minerals Inc., a Delaware corporation (the “Company”), entered into a Sixth Amendment (the “Sixth Amendment”) to Credit Agreement dated as of September 1, 2021 (as amended, the “Credit Agreement”), by and among the Company, the lenders party thereto, and Independent Bank, as Administrative Agent and L/C Issuer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/315131/000095017024045600/0000950170-24-045600-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.