Management getting paid big $$ but the stock is 36% off last year’s high in a pocket of tremendous strength in the oil market. WTI @ $82.25.
XLE up 0.4% today. TPL down 4%.
Cash the checks and buyback the shares. It’s not hard.
At what point does the board look at changing strategic direction and management? Are the shareholders being served?
This thing sure isn’t trading like an “ETF of the Permian”.
Is this what we are paying for? Full day 1/13: -$96, -7.85%, $1127.90 close.