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Texas Pacific Land Set To Rise Further

September 18th, 2019 · No Comments

  • After a spectacular share price rise on the back of the Permian shale revolution, the shares entered into a large consolidation phase.
  • While Permian shale production seems to rise unabated, the oil price does have a considerable correlation with the share price.
  • With the truce in the proxy fight and the return of the risk premium into the oil price, we think the shares have further to run.
  • This company remains a cash flow machine.

Source: Texas Pacific Land Set To Rise Further – Texas Pacific Land Trust (NYSE:TPL) | Seeking Alpha

Tags: TPL