Is there anybody on this blog that is an analyst for a brokerage firm? If so, can you ask meaningful questions on the earnings call. I asked shareholder services and they will only take questions from analysts.
Not him, but I would ask: “Please comment on the recent director election, where a board member was voted off the board. Is that board member still employed by TPL? If so, why? If not, what are the plans/timeline for replacing him?”
LOL, after the AGM, can you blame them? I truly felt embarassed for them.
Do you ever have a dream suddenly turn into a nighmare? Every day, WTI registers a new high. The Permian is widely-acknowledged as the best basin in the U.S. No concerns about take-away capacity. We have a great royalty position. We all dreamed of this day, but the stock gets crushed.
In the context of ESG (environmental, social and governance), they don’t have very much control over E, but that means they got to nail S and G. Specifically, Governance!! Got to respond to the McMinis vote and the declassification initiative. The shareholders have spoken. In the U.S., this is the way.
Fortunately, any analyst worth their salt is going to be sensitive to this. I don’t think that we have to worry. But it is frustrating to wait as the the best case scenario for the company unfolds.
The arrogance and sense of power by the two original trustees (and Glover) is mind blowing. There is a special place in hell for people like that (just a personal opinion and not reflecting that of the blog).
Wow, amazing chart. The relative underperformance to the XLE this last quarter is stunning is should a primary area of questioning at the upcoming conference call, along with earnings and production projections.
Five year comparison chart looks better. Any rational management will hide in the bunker from the rabid mob, especially the mob that didn’t hear the clock strike midnight or heed its warning.
Earnings are coming, they should undoubtedly be strong. The underlying assets and quality of earnings should win out over the mid-term and for sure in the long haul. No need for FUD, take it as buying opportunity.
From Results Announcement: Mr. McGinnis is required to promptly tender his resignation to the Board, and the Nominating and Corporate Governance Committee of the Board will make a recommendation to the Board as to whether to accept or reject the tendered resignation. The Board will act on the tendered resignation, taking into account the Nominating and Corporate Governance Committee’s recommendation and the failure of Horizon and Soft Vest to vote for Mr. McGinnis as described in the previous paragraph, and publicly disclose its decision regarding the tendered resignation within ninety days of the date of the certification of the Annual Meeting results.
DOES ANYONE KNOW WHEN THE ‘DATE OF THE CERTIFICATION OF THE ANNUAL MEETING RESULTS’ IS? WE ARE TRYING TO FIGURE OUT WHEN THAT 90-DAY DEADLINE SHOULD OCCUR?
The Texas Pacific Land Trust Investor 
Corporate management
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Is there anybody on this blog that is an analyst for a brokerage firm? If so, can you ask meaningful questions on the earnings call. I asked shareholder services and they will only take questions from analysts.
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What’s your q?
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Not him, but I would ask: “Please comment on the recent director election, where a board member was voted off the board. Is that board member still employed by TPL? If so, why? If not, what are the plans/timeline for replacing him?”
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LOL, after the AGM, can you blame them? I truly felt embarassed for them.
Do you ever have a dream suddenly turn into a nighmare? Every day, WTI registers a new high. The Permian is widely-acknowledged as the best basin in the U.S. No concerns about take-away capacity. We have a great royalty position. We all dreamed of this day, but the stock gets crushed.
In the context of ESG (environmental, social and governance), they don’t have very much control over E, but that means they got to nail S and G. Specifically, Governance!! Got to respond to the McMinis vote and the declassification initiative. The shareholders have spoken. In the U.S., this is the way.
Fortunately, any analyst worth their salt is going to be sensitive to this. I don’t think that we have to worry. But it is frustrating to wait as the the best case scenario for the company unfolds.
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I’ve been in markets for 20+ years and this is the worst continued stretch of poor governance (without fraud (we hope)) I’ve ever seen. And I own it.
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The arrogance and sense of power by the two original trustees (and Glover) is mind blowing. There is a special place in hell for people like that (just a personal opinion and not reflecting that of the blog).
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There is also a remarkably non-special place in prison for people who cheat, deceive, and self-deal at their public shareholders’ expense.
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Wow, amazing chart. The relative underperformance to the XLE this last quarter is stunning is should a primary area of questioning at the upcoming conference call, along with earnings and production projections.
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I really don’t think you can just blame the old guard at this point. It’s gotten worse since things changed.
Instead of using Golden Goose, maybe we should just call a duck a duck?
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Five year comparison chart looks better. Any rational management will hide in the bunker from the rabid mob, especially the mob that didn’t hear the clock strike midnight or heed its warning.
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Earnings are coming, they should undoubtedly be strong. The underlying assets and quality of earnings should win out over the mid-term and for sure in the long haul. No need for FUD, take it as buying opportunity.
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From Results Announcement: Mr. McGinnis is required to promptly tender his resignation to the Board, and the Nominating and Corporate Governance Committee of the Board will make a recommendation to the Board as to whether to accept or reject the tendered resignation. The Board will act on the tendered resignation, taking into account the Nominating and Corporate Governance Committee’s recommendation and the failure of Horizon and Soft Vest to vote for Mr. McGinnis as described in the previous paragraph, and publicly disclose its decision regarding the tendered resignation within ninety days of the date of the certification of the Annual Meeting results.
DOES ANYONE KNOW WHEN THE ‘DATE OF THE CERTIFICATION OF THE ANNUAL MEETING RESULTS’ IS? WE ARE TRYING TO FIGURE OUT WHEN THAT 90-DAY DEADLINE SHOULD OCCUR?
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I don’t know, but it’s an excellent question and the radio silence from management after so much drama and a director getting bounced is infuriating.
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That is a lot of growth:
https://www.bloomberg.com/news/articles/2022-02-10/permian-oil-output-to-grow-for-several-years-pipeline-ceo-says
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