Texas Pacific Land Corporation (TPL)

[couldbebetter]

Excellent Presentation! Thank's for posting. Right now with oil prices
at a high point I would recommend trimming positions on any spikes.
The current PE ratio may be at a historic high...whether it is justified
or not. Just an opinion that taking some shares off as this boils higher
might be a good way to go.

The presentation is very well done. I wish there would have been more
about what pro-active plans management might have to increase shareholder
value. For example, if they could buy additional assets for TPL stock
that would be accretive to shareholder value, why not? Then use the
additional returns to buy back stock if the market presents good
opportunities to do so. I am AMAZED at how high TPL is in such a short
period of time. My sincerest congratulations to those who held or
added to their positions. You deserve what your getting here.

Final thought...be careful. (Maybe the runup is from index funds
having to scale in?)