ranchhand71 Sunday, 05/09/21 09:49:49 AM Re: couldbebetter post# 1368 Post # of 1373 Agree that management is now emerging from the information cave they were in for past decades. The November annual meeting will give new controlling shareholders chance to reveal some of their vision For example, as interesting as the water business can be "maybe" it gets sold to an existing water operator and TPL get a high margin royalty payment every quarter and does not have capital, management time, labor management nor liabilities exposed? Expect dividend policy to expand?. Expect debt to be considered to buy back stock? "IF" every ETF and Index that tracked energy and if every MLP manager were to want to have a 1% exposure to TPL by some measures this would take almost 40% of TPL market capitalization. I believe TPL stock does not currently qualify for CBOE options trading because it has less than 2000 shareholders. Promotion of IR guy to CFO is a big plus as he represents major shareholders, is well respected by buy side institutional shareholders from his days at Stifel and has excellent plan to educated and expose TPL to new potential shareholders.' I believe TPL has never presented at an investment conference EVER. There are a number of large Trust Departments in NYC just beginning to look at TPL as a non market correlated energy play with possible low volatility and growing dividend. Would expect that idea to gain some traction after the November annual meeting and after first possible appearance in Q4 at a major energy conference. Look forward to smart analysts like at Goldman, Morgan Stanley Merrill Lynch and Simon who respect Murry Stahl and the Horizon Kinectics team. Fully accept your P/E concern. Maybe TPL will not just trade on this valuation metric? Time will tell.