Texas Pacific Land Corporation (TPL)

[couldbebetter]

What is concerning to me is that oil may stay lower for longer.
Perhaps TPL will acquire some stunningly good, high quality assets.
I am amazed that TPL has still been trading over $500. It is holding
up far better than I would have thought. Why!?! Am I missing something?

The big question will be how long must oil prices be destroyed for oil
production to follow? Are we are a slope where any rebound in prices
will be met with crushing production increases? Will the Feds rescue
programs keep the 3rd tier Permian producers on life support to linger
on until the next rebound? Will natural gas prices rebound before oil?
So many factors to consider...impossible to predict the outcome.