Replies to post #1303 on Texas Pacific Land Corporation (TPL)

[couldbebetter]

Part II. Fossil fuels will be around for at least the next 40 years.
Our world needs energy and over time it will come from many diverse
sources. If global warming is real imagine what countries such as
India and Iran will have to do to keep its populations alive...Massive
air conditioning demanding tremendous power loads. Regardless of what
the US and Europe do with climate change; India, China, and Russia
will be there to counter any gains. Maybe in 200 years much of mankind
will live underground as protection from global warming. Will not be
my problem!

Final thoughts: Fracking is not dead! Fracking will become even more
cost effective and efficient due to technological advancements such as
ERII's elegantly improved "VorTec" and related PX technologies. Once it
is adapted to the industry it will cut the costs of fracking down further.
The Permian will continue to provide energy for at least the next 20 years.
(Maybe Elon will decide to build wind and solar farms on TPL lands!)
Actually, if Elon were ever made aware of TPL I bet he could find some
creative uses for the massive assets it holds.

[Nestegg McMuffin]

Off to a good start - New 52 Week High at $843.84.

So up 5% on first day as a corporation.

Monthly MACD heading back up after four year rise and fall is a big bull signal for me. Won't be surprised if we hit $1000 per share before too long. Buy-Sell ratio is nearly 4-1 today, presumably on first influx of institutional buyers. Partly depends on upcoming 10-K, but last Q showed revenue held up pretty solidly despite pandemic plunges all around, esp. in energy sector.

Royalty model means it doesn't matter if rest of the oil sector and Permian corrects and consolidates, just so long as they keep their drilling on $TPL land. No capex other than for water biz, which some think will spin off now under corporation status. (Insurance risks too high, for one thing.)

We shall see, but so far, so good.

Plus news of a stock split should materialize before too long.