To be honest, I’m not worried at all and I hope TPL goes down to $800. I have a 260K position with TPL and will keep adding on monthly basis. The market is garbage and it’s just an overreaction as usual. Those are the best times to add more stock. Just think about it guys:
1 – TPL water business is expanding and doesn’t seem like it’s slowing down.
2 – Oil production is increasing in the permian.
3 – Manufacturing batteries, solar panels, wind turbans..etc will only increase the demand on Oil.
Just be patient and add more if you can. You’re investing in an undervalued company and you should be in for the long term. TPL is not some tech garbage overvalued stock that doesn’t make sense. TPL is the kinda company you add money to and not have to worry if it goes down because you know it’s the real deal long term.
You gonna look back in 5-10 years and wish you added more
With that amount of shares to brag about, it is clear that the decision making of the board is pleasing to a rich minority as compared to a 50 share middle class holder which is very big to that person especially of advanced age. Goos luck with ESG and Biden.
If the stock price loses its comma, the company should lose its CEO.
At what point does the board hold Tyler Glover accountable for a poorly explained and poorly executed capital allocation strategy? Buying back shares for 100 years was working great — is it so hard for him to just follow that playbook? The guy wants to be an empire builder, meanwhile the market is clearly saying: no gracias.
Very strange activity here with oil and gas at highs. Yes at some point there needs to be a management flush and board but I have been thinking that for 2 years. Very weird. I bought more.
For all TPL once was it is now an oil royalty company with a water company tacked on. And after 2 days at a water symposium meeting in Odessa, the dew is going to be shaken off THAT Lilly too. Regulation is coming to the water handling business.
For what it is now how are the clowns in Dallas going to keep investors attention. There are better opportunities in the Permian that have better corporate governance than TPL has become
They are driving the Duesenberg off the cliff.
the silver lining in the selloff may be that the board will have a hard time protecting Dana (if that was their intention). Arguments for ignoring the outcome of the election on the back of compensation increases and share price freefalls may be too much for even our corrupt management (of course never underestimate the morals of a lawyer).
makes me ponder if given the chance, would I replace barry, cookie and norris with AOC, Warren and Greta? not sure it would be any worse.
SURPRISED THAT IT TOOK UNTIL 2022 TO HAVE SHAREHOLDERS REALIZE THAT A CORRUPT AND SHITTY BOARD OF DIRECTORS MAKE THIS A DIFFICULT INVESTMENT!!
CO-CHAIRMEN OF THE BOARD THAT HAVE LIED TO, AND STOLEN FROM, SHAREHOLDERS? A CEO WHO TREATS HIMSELF TO UNDISCLOSED LUXURIES ON THE COMPANY’S DIME?
MEANWHILE CEO BARELY EVER USING HIS OWN MONEY TO BUY A POSITION IN THE STOCK OF ANY SIGNIFICANCE? SELF-DEALING GALORE HAS LONG BEEN PART OF THIS COMPANY’S HISTORY, JUST ASK THE FORMER CEO WHO WENT TO WORK FOR A COMPANY JUST AFTER GIVING THAT COMPANY A SWEET HEART DEAL! DANA MCGOOFUS IS JUST THE TIP OF THE ICEBERG. IS THE COMPANY IN ANY BETTER A POSITION IF HE IS REMOVED? AT LEAST IF HE STAYS, IT IS A KNOWN EVIL AND NOT SOME FRIEND OF THE CEO THAT WOULD JOIN. THESE OTHER DIRECTORS MUST BE THE SCUMMIEST PEOPLE AS THEY HAVE ALREADY CHOSEN TO IGNORE THE DISGRACEFUL TREATMENT OF SHAREHOLDERS DURING THE ANNUAL MEETING. WHO TURNS OFF A CAMERA DURING “QUESTION” AND ANSWER SESSIONS? WHO THE F DO THEY THINK THEY ARE FOOLING. WHAT F**KIN ASSHOLES. ALL OF EM.
THEY NEED TO TOTALLY START FROM SCRATCH, AND BRING THE MANAGEMENT AND BOARDS DOWN TO THE STUDS BEFORE REBUILDING.
Oilup,TPLdown, in fairness many of the folks here recognized the main issue (barry&norris) during the period when they tried to fill the vacant trustee with another crony. Hence the rise of the C-corp. This was our desire just so we could vote on who runs the show. maybe its not happening as fast as we like, but dana was a good first step. There was no opportunity to get rid of B&N this meeting. Thanks to Gabe, we will have that opportunity soon (although its far from a done deal given the vote on dana). As frustrating as it is, things are slowly moving towards better mngt, but shareholders must remain vigilant and involved.
I’ve been looking to buy in here for a long time for some asset-light oil and land exposure, but the stock just blew right past me in last year’s run-up to the point I felt I missed out.
Bought 100 shares today for a round $1000/share (apologies for that big red candle around 3pm today… that was me). I honestly have no idea how it’s back down here with oil nearing $100/bbl…
Very little about TPL in the latest Horizon Kinetics quarterly report. I haven’t read it all yet, but I did a CTRL+F and there is far less discussion than usual…
The Texas Pacific Land Trust Investor 
IF TPL is the ETF of the Permian, then the Permian is going to be in a world of hurt in the future.
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If it is really an ETF, I’d like to turn in my shares and take delivery of the underlying assets.
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To be honest, I’m not worried at all and I hope TPL goes down to $800. I have a 260K position with TPL and will keep adding on monthly basis. The market is garbage and it’s just an overreaction as usual. Those are the best times to add more stock. Just think about it guys:
1 – TPL water business is expanding and doesn’t seem like it’s slowing down.
2 – Oil production is increasing in the permian.
3 – Manufacturing batteries, solar panels, wind turbans..etc will only increase the demand on Oil.
Just be patient and add more if you can. You’re investing in an undervalued company and you should be in for the long term. TPL is not some tech garbage overvalued stock that doesn’t make sense. TPL is the kinda company you add money to and not have to worry if it goes down because you know it’s the real deal long term.
You gonna look back in 5-10 years and wish you added more
LikeLiked by 1 person
With that amount of shares to brag about, it is clear that the decision making of the board is pleasing to a rich minority as compared to a 50 share middle class holder which is very big to that person especially of advanced age. Goos luck with ESG and Biden.
LikeLiked by 1 person
How much of this is related to holdings by mutual funds and etfs dragging the price lower? Certainly not all of it, but curious if it is a factor
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If the stock price loses its comma, the company should lose its CEO.
At what point does the board hold Tyler Glover accountable for a poorly explained and poorly executed capital allocation strategy? Buying back shares for 100 years was working great — is it so hard for him to just follow that playbook? The guy wants to be an empire builder, meanwhile the market is clearly saying: no gracias.
LikeLiked by 2 people
Very strange activity here with oil and gas at highs. Yes at some point there needs to be a management flush and board but I have been thinking that for 2 years. Very weird. I bought more.
LikeLiked by 1 person
For all TPL once was it is now an oil royalty company with a water company tacked on. And after 2 days at a water symposium meeting in Odessa, the dew is going to be shaken off THAT Lilly too. Regulation is coming to the water handling business.
For what it is now how are the clowns in Dallas going to keep investors attention. There are better opportunities in the Permian that have better corporate governance than TPL has become
They are driving the Duesenberg off the cliff.
LikeLiked by 1 person
the silver lining in the selloff may be that the board will have a hard time protecting Dana (if that was their intention). Arguments for ignoring the outcome of the election on the back of compensation increases and share price freefalls may be too much for even our corrupt management (of course never underestimate the morals of a lawyer).
makes me ponder if given the chance, would I replace barry, cookie and norris with AOC, Warren and Greta? not sure it would be any worse.
barry; you have stolen my dreams…….
LikeLiked by 2 people
“AOC, Warren and Greta”
Maybe if Warren refers to Warren Buffett.
LikeLiked by 1 person
SURPRISED THAT IT TOOK UNTIL 2022 TO HAVE SHAREHOLDERS REALIZE THAT A CORRUPT AND SHITTY BOARD OF DIRECTORS MAKE THIS A DIFFICULT INVESTMENT!!
CO-CHAIRMEN OF THE BOARD THAT HAVE LIED TO, AND STOLEN FROM, SHAREHOLDERS? A CEO WHO TREATS HIMSELF TO UNDISCLOSED LUXURIES ON THE COMPANY’S DIME?
MEANWHILE CEO BARELY EVER USING HIS OWN MONEY TO BUY A POSITION IN THE STOCK OF ANY SIGNIFICANCE? SELF-DEALING GALORE HAS LONG BEEN PART OF THIS COMPANY’S HISTORY, JUST ASK THE FORMER CEO WHO WENT TO WORK FOR A COMPANY JUST AFTER GIVING THAT COMPANY A SWEET HEART DEAL! DANA MCGOOFUS IS JUST THE TIP OF THE ICEBERG. IS THE COMPANY IN ANY BETTER A POSITION IF HE IS REMOVED? AT LEAST IF HE STAYS, IT IS A KNOWN EVIL AND NOT SOME FRIEND OF THE CEO THAT WOULD JOIN. THESE OTHER DIRECTORS MUST BE THE SCUMMIEST PEOPLE AS THEY HAVE ALREADY CHOSEN TO IGNORE THE DISGRACEFUL TREATMENT OF SHAREHOLDERS DURING THE ANNUAL MEETING. WHO TURNS OFF A CAMERA DURING “QUESTION” AND ANSWER SESSIONS? WHO THE F DO THEY THINK THEY ARE FOOLING. WHAT F**KIN ASSHOLES. ALL OF EM.
THEY NEED TO TOTALLY START FROM SCRATCH, AND BRING THE MANAGEMENT AND BOARDS DOWN TO THE STUDS BEFORE REBUILDING.
LikeLiked by 2 people
Oilup,TPLdown, in fairness many of the folks here recognized the main issue (barry&norris) during the period when they tried to fill the vacant trustee with another crony. Hence the rise of the C-corp. This was our desire just so we could vote on who runs the show. maybe its not happening as fast as we like, but dana was a good first step. There was no opportunity to get rid of B&N this meeting. Thanks to Gabe, we will have that opportunity soon (although its far from a done deal given the vote on dana). As frustrating as it is, things are slowly moving towards better mngt, but shareholders must remain vigilant and involved.
LikeLiked by 1 person
I’ve been looking to buy in here for a long time for some asset-light oil and land exposure, but the stock just blew right past me in last year’s run-up to the point I felt I missed out.
Bought 100 shares today for a round $1000/share (apologies for that big red candle around 3pm today… that was me). I honestly have no idea how it’s back down here with oil nearing $100/bbl…
LikeLiked by 1 person
Nice buy, Carl!
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Very little about TPL in the latest Horizon Kinetics quarterly report. I haven’t read it all yet, but I did a CTRL+F and there is far less discussion than usual…
LikeLiked by 1 person
saw the latest filings done: https://d1io3yog0oux5.cloudfront.net/sec/0001056823-22-000014/0001056823-22-000014.pdf
am i understanding it incorrectly that HK has been selling (but also buying) shares on the same date?
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Agreed. It looks like they are selling much more than they are buying almost everyday now, unless I’m missing something?
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HK manages an ETF, symbol INFL. Perhaps this is just daily balancing of the positions as TPL has a large single digit percentage of the eft.
Just a guess, since otherwise it seems schizophrenic to see this buy/sell behavior. And it has been a correcting market thus more sales than buys?
Reasonable theory by anyone more knowledgeable than me on this?
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