Replies to post #1395 on Texas Pacific Land Corporation (TPL)

[couldbebetter]

Excellent management is a top criteria for a sound investment. TPL,
when it was a trust, used to buy back and cancel shares. I hope that
practice will continue except now management will be able to issue
themselves free shares. My core belief on TPL is that it is a very
good buy when the PE approaches 15. I suspect oil & gas prices will
continue at elevated prices as less capital is reinvested. Hope this
management team will run the company the right way. Time will tell.