Replies to post #334 on Texas Pacific Land Corporation (TPL)

[Nestegg McMuffin]

Ain't that the truth. Here's some context on current oil plunge to help steady the nerves.
https://www.marketwatch.com/story/heres-a-handful-of-reasons-why-oils-bear-plunge-is-overcooked-goldman-sachs-2018-11-14

[Enterprising Investor]

Highly confident that shares are/were being taken out of circulation on the way down.

PE ratio is down to less than 25 times earnings.

Few people have ever caught on that the land has no stated value on the balance sheet, but is worth much more than nothing.