PHX Minerals stock changed hands at USD 4.35 in merger

PHX Minerals stock (ISIN US69360J1007) changed hands at USD 4.35 per share in the merger process documented on October 21, 2025, according to Wealthsimple. The company story is now tied to WhiteHawk Minerals, which completed the acquisition of PHX on June 23, 2025, according to a filing reported by StockTitan.

Merger value sets the reference point

The USD 4.35 per-share consideration is the clearest valuation reference for former PHX holders. Wealthsimple lists the PHX Minerals Class A merger and states that holders were to receive USD 4.35 per share, while Robinhood lists PHX as delisted pending stock liquidation.

That distinction matters for investors reviewing old PHX quotes. A historical NYSE ticker and a merger consideration are not the same as an actively traded share price, so the USD 4.35 figure belongs to the corporate-action record dated October 21, 2025.

WhiteHawk expands after the PHX deal

The latest filing, dated September 25, 2026, shows WhiteHawk completing a mineral acquisition for USD 96.8 million after adjustments, with assets in the Marcellus and Haynesville basins, according to StockTitan. The same filing says the agreed purchase price was USD 105.0 million before customary adjustments.

WhiteHawk also raised its aggregate elected commitments and borrowing base from USD 150.0 million to USD 175.0 million on September 25, 2026. The transaction therefore adds a financing and portfolio-expansion angle to the former PHX asset base, rather than a new operating update from PHX Minerals itself.

PHX reference remains the merger record

For PHX Minerals, the dated reference remains the USD 4.35 per-share merger consideration and the June 23, 2025 acquisition completion. The September 25, 2026 WhiteHawk filing supplies the latest disclosed corporate context for assets associated with the former issuer.

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