Another Good Overview (link)

Keith Schaefer: The Biggest Failure in US Shale is Also The Most Profitable

This website is very sales-y but Schaefer does a good job summarizing the basics of $TPL.


The quote below isn’t entirely correct as I’ve come to learn that Texas Pacific Water Resources (TPWR) is becoming more of a regular presence on the conference/ marketing scene and rightly so.

If you are looking to attend a Texas Pacific Land Trust session at an oil and gas conference you will be disappointed.

They won’t be there.

You aren’t going to be able to read an analyst report on this company either.  Nobody follows them since there are no investment banking fees to be earned here.

Even press releases from these guys are few and far between.  They announce quarterly earnings and that’s it.

The corporate website is functional and nothing more.