Texas Pacific Land Corporation (TPL)

[Aitkenresearch]

I think we’re going to see a stock split of 10-1 and while TPL will still have the ability to buy back shares it’s not going to be the main option. Paying a consistent dividend along with reinvesting cash flow royalties into other revenue generating divisions and opportunities will push the PE higher.
I’ve always said the other hedge for TPL in the long run game is the dollar falling bc of debt and oil going higher.
This opportunity with an asset that’s hard to value, a changing business model with new growth opportunities is what a 10 bagger looks like before it happens.