PHX Minerals Inc. (PHX): A Bull Case Theory

We came across a bullish thesis on PHX Minerals Inc. (NYSE:PHX) on Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on PHX. PHX Minerals Inc. (NYSE:PHX)'s share was trading at $4 as of Dec 31^st. PHX’s trailing and forward P/E were 30.77 and 13.33 respectively according to Yahoo Finance.

[caption id="attachment_1217878" align="aligncenter" width="768"] Aerial view of a natural gas production facility with travelling pipelines extending from it.[/caption]

The natural gas market has seen renewed interest, driven by geopolitical and climatic...