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TPL - Why I Sold My Remaining Texas Pacific Land Shares
June, 15 2022 02:32 AM
Texas Pacific Land Trust
Texas Pacific Land's stock is only up about 3% since my March 16, 2021 article, but oil is up about 81% and natural gas is up 260%. Their largest shareholder, Horizon Kinetics, strongly supports the company's move into cryptocurrency mining. Approved drilling permits in Permian Basin so far in 2022 give a mixed picture for future company revenue. Still, no stock split yet after transforming from a trust to a corporation in 2021. For further details see:
Why I Sold My Remaining Texas Pacific Land Shares
Stock Information
Company Name:
Texas Pacific Land Trust
Stock Symbol:
TPL
Market:
NYSE
Website:
texaspacific.com
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