Exhibit 99.1 FOR IMMEDIATE RELEASE PHX Minerals Reports Results for the Quarter Ended Sept. 30, 2024 FORT WORTH, Texas, Nov. 6, 2024 – PHX MINERALS INC., "PHX" or the "Company" (NYSE: PHX), today reported financial and operating results for the quarter ended Sept. 30, 2024. Summary of Results for the Quarter Ended Sept. 30, 2024 • Net income was $1.1 million, or $0.03 per diluted share, compared to net income of $1.3 million, or $0.04 per diluted share, for the quarter ended June 30, 2024, and net income of ...