SCHEDULE 13G: Beryl Capital Entities Disclose Significant Passive Stake in PHX Minerals Inc.
Beneficial Ownership Disclosure
Beryl Capital Management LLC, Beryl Capital Management LP, Beryl Capital Partners II LP, and David A. Witkin have collectively disclosed an 8.9% passive beneficial ownership stake in PHX Minerals Inc. as of May 19, 2025.
Summary
- Beryl Capital Management LLC, Beryl Capital Management LP, and David A. Witkin each beneficially own 3,359,342 shares of PHX Minerals Inc. Common Stock, representing 8.9% of the class.
- Beryl Capital Partners II LP beneficially owns 2,706,905 shares, representing 7.1% of the class.
- The percentages are calculated based on 37,922,368 shares of Common Stock outstanding on May 5, 2025, as disclosed in PHX Minerals Inc.'s Form 10-Q for the quarter ended March 31, 2025.
- All reporting persons hold shared voting and shared dispositive power over their respective reported shares.
- The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of PHX Minerals Inc.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership, providing no inherent positive or negative sentiment regarding the issuer's performance or outlook. It simply reports a significant passive stake.
Future Outlook
NA
Industry Context
This filing indicates a significant passive investment by Beryl Capital entities in PHX Minerals Inc., an oil and natural gas mineral and royalty interest company. Such disclosures are common in the investment landscape, reflecting institutional and individual investor positions in publicly traded companies. The passive nature of the investment, as certified in the filing, suggests it is not intended to influence the company's control or operations, which is typical for Schedule 13G filings by institutional investors.
Stakeholder Impact
- Shareholders: Disclosure of a significant passive stake by institutional investors can provide transparency regarding the ownership structure and potentially signal investor confidence, though it does not imply active management involvement.
Key Dates
| Date | Description |
|---|---|
| 2025-03-31 | End of quarter for which PHX Minerals Inc. filed its Form 10-Q, disclosing shares outstanding. |
| 2025-05-05 | Date on which 37,922,368 shares of Common Stock were outstanding, used for percentage calculation. |
| 2025-05-19 | Date of event which required the filing of this Schedule 13G statement. |
| 2025-05-27 | Date of signing for the Schedule 13G and the joint filing agreement. |
Keywords
PHX Minerals Inc., Beryl Capital Management LLC, Beryl Capital Management LP, Beryl Capital Partners II LP, David A. Witkin, Beneficial Ownership, Schedule 13G, SEC Filing, Common Stock, Investment Adviser, Passive Investment
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.