TPL - Texas Pacific Land: I'm So Bullish It Hurts
2024-05-11 08:13:41 ET
Summary
- Texas Pacific Land Corporation (TPL) is my largest investment, accounting for 12% of my portfolio.
- TPL is an ultra-high-margin business with no debt and diverse revenue streams, including royalties and water sales.
- The company's innovative investments in water desalination technology position it for sustainable production growth in the Permian Basin.
Introduction
It's time to talk about my biggest investment - ever.
On February 23, I wrote an article titled "Landlord To The Permian Boom: Why I Just Went Big Into Texas Pacific Land Stock."
As the title suggests, I explained why I started buying stock in the Texas Pacific Land Corporation ( TPL ) . In fact, I made it my largest investment, as it now accounts for 12% of my portfolio. That's almost as big as the combined value of my second and third-largest investments.
Since then, I have highlighted the stock in a number of articles, as I believe it is the perfect stock for the next few decades....
Texas Pacific Land: I'm So Bullish It Hurts