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TPL - Texas Pacific Land Trust Has Significant 'Peak Permian' Risk
Texas Pacific Land Trust
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Texas Pacific Land Trust (TPL) is of the more interesting publicly-traded real estate companies. The company owns 900,000 acres of land in the state of Texas across 19 west Texas countries. It also owns roughly 23,600 acres of land that currently generates a royalty income, largely from oil producers.
The company has been in operation for well over one hundred years and saw its share price