Radi Sultan
Oil & gas, alternative energy, small-cap, deep value

Panhandle Oil And Gas: An In-Depth Look At This Underfollowed Unique Company

Executive summary:

  • Panhandle Oil and Gas (NYSE:PHX) is a low-risk and high-margin oil & gas company.
  • Asset valuations are supportive of current price levels, and could fuel additional upside.
  • With a near-term price target of $40, I would remain on the sidelines.

_________________________________

Panhandle Oil and Gas is an underfollowed, atypical independent oil & gas company. The unique aspect of Panhandle is that it does not actually operate any of its oil and gas properties; the exploration and development are handled by other operating oil & gas companies. Panhandle also has a strong and steady stream of cash flow from its royalty interests. There are several main drivers behind the bull case for Panhandle. Panhandle has a diverse...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO."Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else."Patrick Rice, Mainstay Capital Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details