Texas Pacific Land Corporation (TPL)

[Aitkenresearch]

It’s been a while guys. I used to post 5-6 years ago.

There’s a energy and commerce committee meeting on YT in Midland Tx, some of you would be interested in.

Some takes from that meeting. TPL was not there.
These smaller independent oil companies can’t get funding fr banks or big PE.
I would think TPL cash flow would be a source of funding for them?
They talked about the water recycling opportunity in this meeting.
The J.P. Morgan analyst report talked about having a 600b short fall of investment in oil and gas. Leading to higher prices.
My take is that the opportunity to grow fr a 14 billion to a 140 billion mkt cap lies in the new management and structure of reinvesting in other opportunities rather than the previous buying back shares, etc.
Good memories guys of conversations when the stock was at 240.00.

M