17 thoughts on “Road Show Deck”

  4. After reading the presentation I added to my position. TPL is currently extremely undervalued. Only 7% of Royalty acres have been drilled! There is SO much upside. And once the Credit Suisse roadshow gets going we will no longer be the best kept secret. Everyone will want in on the action. I easily see $1,000 by May and $1,200 by 2021. Let’s go boys!

    Liked by 3 people

  5. First time I have seen where they showed the actual acres where they own surface and minerals…. could have been on presentation during the proxy site but I don’t remember seeing it in there. #liftedtoday

    Liked by 2 people

  7. Who owns the mineral rights on the rest of the acreage? Did the trustees sell it off? The trust has owned this land for tons of years and I can’t imagine that people were that interested in that when the trust was created.

    Liked by 1 person

    • Royalty acres are about 400k , but held at 1/16 and 1/128. So the equivalent is about 26,000 at 8/8.. A lot Of the royalties were sold off to Chevron .Maybe others.

      Liked by 1 person

  8. Added some shares back this morning that I sold off earlier this year, not knowing this was coming out. Mighty glad to see it. I’ve downloaded it to look at it in more detail later.

    Liked by 1 person

  9. The history of Chevron and the royalties follows. In the 1950s TPL spun off their mineral iinterests to the TPL shareholders and the new company was called TXL Oil TPL retained the current mineral interests on that land that was under lease or had productiion at that time. TXL rather quicxkly was bought out by Texaco and in recent years Chevron bought out Texaco. Chevron is sitting on a bunch of mijneral acerage in the Permian..

    Liked by 1 person

  11. I appreciate that they have released this information, and I won’t focus too much on the fact it’s overdue and not nearly as much information as they should release or as much information as we would like. It is good to get this new ppt, especially given the governance issues that are ongoing. The info implies there is a new strategy underway to attract new investors, which is nice to see. It is also good to hear there is a road show coming (although I have not seen any mention of this outside this forum)… this also implies there is a new strategy underway and that the commission is making some progress in agreeing things and taking new directions that are based on increasing investment.

    With all that said, the new director of investor relations has been silent in all of this, and everybody I know that has reached out to him thus far claims he has not responded to calls or emails. This is extremely disappointing. It would be great to see him do an interview (even a controlled one with pre-submitted questions) with TPLBlogger or Steve Miller and address at least some of the long list of questions the TPL Sub Share holders have. I understand he can’t answer all of them… I also understand they’re not going to go on CNBC like Hodges. But that being said… the silence on issues like buybacks, land purchase, new staffing, annual meetings, etc is troubling. There are topics they should be able to address at this point. Fingers crossed this road show happens and he answers these questions, but in lieu of that I wish they’d be reaching out to their online community somehow and trying to make amends by sharing some information instead of leaving us guessing.

    Liked by 3 people

  12. I’m impressed. I finally was able to sit down and read this on a 30″ screen. It’s solid and a really welcome change in communication from TPL. Well done!

    Liked by 1 person

Comments are closed.