One of Best Permian Investments Doesn’t Produce Oil, Stifel Says
The shale boom transformed the Permian from an overlooked backwater into the world’s hottest drilling region. But many producers there have delivered little in the way of returns for investors as companies put all their revenue back into new wells to boost output. Texas Pacific has bucked that trend.
“We believe TPL is the best single ETF to own for Permian exposure,” Stifel said.
The downside of buying now is that others have already noticed Texas Pacific’s attributes. The stock has soared 569% in the past four years, far outpacing oil prices.
The Texas Pacific Land Trust Investor 
These are from Fidelity.
Firm Opinions Provided by Investars as of 1/24/2020
STANDARDIZED OPINION CURRENT FIRM OPINION
Firm1
/ Aggregate Opinion Opinion 1 Year History
Investars
Smartindex Date Opinion
Columbine Capital Services Inc. (i) Neutral -46.82% 12/27/19 2
Ford Equity Research (i) Neutral -30.15% 01/17/20 3
I/B/E/S Estimates from Refinitiv — — 01/09/20 Strong Buy
Refinitiv/Verus (i) Sell -35.02% 01/20/20 Sell
Stifel Nicolaus Buy -50.03% 01/09/20 Buy
ValuEngine (i) Neutral -33.43% 01/23/20 Hold
Zacks Investment Research, Inc (i) Neutral -6.83% 01/18/20 Hold
Equity Summary Score (5 Firms†
) — — 01/24/20 Very Bearish
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Garbage in, garbage out on most of those automated value engines.
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Yeah, totally.
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