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Alias Born | 10/20/2014 |
Tuesday, October 31, 2017 7:45:05 AM
Management is doing an excellent job here, keeping very busy. They are not overpaid, are not issued stock or options, nor do they hype the stock. There are no conference calls or slick presentations. They simply let the results speak for themselves.
My take is this is just the beginning of what will be a 5 year growth surge as supermajors like Chevron and Shell continue to plan to spend BILLIONS on the Permian, much of it in or around TPL's surface and royalty lands. During all of this TPL will benefit and continue to buy and retire shares.
This is a zero-debt, cash-rich company that just happens to own over 1,380 square miles of surface land, (that is over 1/2% of all the land area of Texas.) Water is being sold either directly or through royalties, with the company having created a full-service water division that may get into water recycling, testing, and disposal. That may be a huge growth opportunity for TPL...but they will proceed only if the demand is there.
Someday, we will all be kicking ourselves saying we sold this too soon.
Recent TPL News
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 09/13/2024 08:45:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/27/2024 08:27:56 PM
- Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions • Business Wire • 08/27/2024 08:15:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/07/2024 08:19:31 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/07/2024 08:17:25 PM
- Texas Pacific Land Corporation Announces Second Quarter Results and Another Record Performance From Water Segment • Business Wire • 08/07/2024 08:15:00 PM
- Texas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference Call • Business Wire • 07/23/2024 08:15:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:17:32 PM
- Texas Pacific Land Corporation Announces Special Dividend of $10 Per Share and Cash Balance Target • Business Wire • 06/13/2024 08:15:00 PM
- KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 • PR Newswire (US) • 06/07/2024 10:09:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:01:46 PM
- Form S-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/08/2024 09:17:59 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/08/2024 08:20:28 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/08/2024 08:17:56 PM
- Texas Pacific Land Corporation Announces First Quarter Results and Record Water Segment Revenues • Business Wire • 05/08/2024 08:15:00 PM
- Texas Pacific Land Corporation Sets Dates for First Quarter 2024 Earnings Release and Conference Call • Business Wire • 04/18/2024 08:15:00 PM
- Texas Pacific Land Corporation Announces Three-for-One Stock Split • Business Wire • 03/07/2024 11:08:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 10:26:34 PM
- Form 8-K/A - Current report: [Amend] • Edgar (US Regulatory) • 02/28/2024 12:30:54 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 12:30:17 PM
- Delaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders’ Agreement • Business Wire • 02/27/2024 12:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/21/2024 09:23:38 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/21/2024 09:20:15 PM
- Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 Results • Business Wire • 02/21/2024 09:15:00 PM
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