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home / news releases / TPL - Texas Pacific Land: It Could Still Run

TPL - Texas Pacific Land: It Could Still Run

Texas Pacific Land Trust
  • The stock has seen a large rally over the last year, almost tripling in price.
  • The company has reported good earnings, but the PE ratio is high.
  • Future earnings growth is critical to the company’s investment case.
  • I remain cautiously bullish on the company given its potential earnings, with the caveat that current oil prices remain close to current levels.

For further details see:

Texas Pacific Land: It Could Still Run
Stock Information
Company Name: Texas Pacific Land Trust
Stock Symbol: TPL
Market: NYSE
Website: texaspacific.com
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