https://ir.stockpr.com/tpltrust/sec-filings-email/content/0001811074-22-000071/tpl-20220930.htm
- Royalty 9mo top line nearly double that of same period 2021
- $.5B of current assets on balance sheet
- Pace of buybacks increased (but still too small)
- New $250MM buyback auth next year
- $3MM land sale (~$25k/acre)
- Action on surface land revenue generation
This is why we own it. No time to read the Q tonight. Let me know your thoughts in the comments.