05:48 PM EDT, 04/18/2024 (MT Newswires) -- PHX Minerals ( PHX ) said late Thursday its bank lending group affirmed the existing $50 million borrowing base under its senior secured credit facility with no changes to pricing, covenants or other material terms.

The company said the facility's maturity date was extended to Sept. 1, 2028, from Sept. 1, 2025

PHX's bank lending group was led by Independent Financial.

PHX shares fell 2.1% in after-hours trading.