TPL - ERIC OLIVER Boosts Confidence With $473K Purchase Of Texas Pacific Land Stock | Benzinga
Disclosed in the latest SEC filing, a significant insider purchase on March 13, involves ERIC OLIVER, Board Member at Texas Pacific Land (NYSE:TPL).
What Happened: OLIVER's recent purchase of 300 shares of Texas Pacific Land, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission on Wednesday, reflects confidence in the company's potential. The total transaction value is $473,049.
As of Thursday morning, Texas Pacific Land shares are down by 1.93%, currently priced at $1575.47.
Unveiling the Story Behind Texas Pacific Land
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
Financial Milestones: Texas Pacific Land's Journey
Revenue Growth: Texas Pacific Land's remarkable performance in 3 months is ...