Texas Pacific Land Trust

TPL-N

NYSE:TPL

585.18
48.16 (8.97%)
The Texas Pacific Land Trust is a publicly traded land trust with its administrative office in Dallas, Texas. Owning well over 900,000 acres in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas.
More at Wikipedia

Analysis and Opinions about TPL-N

Signal
Opinion
Expert
BUY WEAKNESS
BUY WEAKNESS
May 5, 2020
It was a past top pick in January. He got stopped out of this. He still likes it. They are converting from a trust into a corporation, which should attract more investors. They lease out their land for shale exploration and lease water rights. Are also doing solar installations. Have very low operating expenses. They can weather this pandemic, but there could be further weakness in oil. You can nibble away at this at around 14x earnings. Nice dividend. He's buying back in on a dip in the $400s.
Show full opinionHide full opinion
It was a past top pick in January. He got stopped out of this. He still likes it. They are converting from a trust into a corporation, which should attract more investors. They lease out their land for shale exploration and lease water rights. Are also doing solar installations. Have very low operating expenses. They can weather this pandemic, but there could be further weakness in oil. You can nibble away at this at around 14x earnings. Nice dividend. He's buying back in on a dip in the $400s.
TOP PICK
TOP PICK
January 20, 2020
They are the largest holder of land in the state of Texas. They got their land before oil was discovered. They get royalties for oil taken off their land as well as grazing rights. They just put in a new solar installation and they sell water from their land to fracking companies and then charge them to clean it after they have used it. They are converting from a trust to a corp. It is not a call on where oil goes although there is some exposure. (Analysts’ price target is $937.00)
Show full opinionHide full opinion
They are the largest holder of land in the state of Texas. They got their land before oil was discovered. They get royalties for oil taken off their land as well as grazing rights. They just put in a new solar installation and they sell water from their land to fracking companies and then charge them to clean it after they have used it. They are converting from a trust to a corp. It is not a call on where oil goes although there is some exposure. (Analysts’ price target is $937.00)
Showing 1 to 2 of 2 entries
  • «
  • 1
  • »

Texas Pacific Land Trust(TPL-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Texas Pacific Land Trust is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Texas Pacific Land Trust(TPL-N) Frequently Asked Questions

What is Texas Pacific Land Trust stock symbol?

Texas Pacific Land Trust is a American stock, trading under the symbol TPL-N on the New York Stock Exchange (TPL). It is usually referred to as NYSE:TPL or TPL-N

Is Texas Pacific Land Trust a buy or a sell?

In the last year, 1 stock analyst published opinions about TPL-N. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY on WEAKNESS. Read the latest stock experts' ratings for Texas Pacific Land Trust.

Is Texas Pacific Land Trust a good investment or a top pick?

Texas Pacific Land Trust was recommended as a Top Pick by Jason Del Vicario on 2020-05-05. Read the latest stock experts ratings for Texas Pacific Land Trust.

Why is Texas Pacific Land Trust stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Texas Pacific Land Trust worth watching?

1 stock analyst on Stockchase covered Texas Pacific Land Trust In the last year. It is a trending stock that is worth watching.

What is Texas Pacific Land Trust stock price?

On 2020-07-14, Texas Pacific Land Trust (TPL-N) stock closed at a price of $585.18.