Texas Pacific Land Corporation (TPL)

[couldbebetter]

Tom Lee (CNBC) claims that the 8 year bear market in energy is over.
(I'm not buying it...yet.) No one here has opined on the 597 DUC wells.
(What will it mean when they get completed? Should use a lot of water.
Right?) Looks like I will be wrong on my price prediction that we
would see $400 before $600. What happened to all those ships filled
with Saudi oil? Did they change course for China? Or, was it all just
a mirage? (Thought I heard on CNBC today that the Saudis bought oil
stocks right after they announced that they would flood the world
with oil. The motto of the Israeli Intelligence Service is "Victory
Through Deception." Looks like the Saudis have learned a lesson or
two.

Sadly, once oil prices rebound the Permian will over produce again.
Seems they can't help themselves.