shareholdersunite.com

Opportunities in smallcaps

shareholdersunite.com header image 2

Texas Pacific Land Crashed Along With Oil, What Now?

December 4th, 2018 · No Comments

  • It’s not a surprise why the shares of Texas Pacific Land crashed quite spectacularly; this is entirely oil driven.
  • Looking closer, we think that as long as the price declines don’t persist for years and spill over into volume effects, the shares should offer value here.
  • The risk is that Permian oil production volumes are affected, but for this to happen a prolonged bear market in oil is required, measuring in years.
  • That risk, while certainly not zero, seems fairly small to us.

Source: Texas Pacific Land Crashed Along With Oil, What Now? – Texas Pacific Land Trust (NYSE:TPL) | Seeking Alpha

Tags: TPL