Texas Pacific Water Resources LLC, aka TPWR, was established in June 2017 as a single-member LLC and wholly owned subsidiary of Texas Pacific Land Trust (TPL). TPWR focuses on providing full-service water offerings to operators in the Permian Basin. These services include but are not limited to brackish water sourcing, produced water gathering/treatment/recycling, infrastructure development/construction, disposal, water tracking, analytics, and well testing services.
TPWR is Texas Pacific Land Trust's very first foray outside of its land service segment. It's thus important for investors to monitor TPWR's progress.
Below, I review TPWR's operating and