Texas Pacific Land Corporation (TPL)

[couldbebetter]

Here is my EPS estimate for the upcoming 3rd quarter report: $2.75
I do hope I am way on the low side. If I am correct this will be a record for TPL for any quarter, ever. Should be well over 100% over last years $1.12 a share. Water revenues of just under $7 million last quarter was shocking. Water may become a growth driver for TPL "if" they move forward on their plans to become a full service water company. Given the large demand for water during fracking operations, there will be demand for perhaps decades to come. If my estimate is right of $2.75 the shares should sell at $440-550 a share. (Let's say within the next year.)