Added to YB: 2025-01-03
Pitch date: 2024-11-18
TPL [bearish]
Texas Pacific Land Corporation
-6.02%
current return
Author Info
No bio for this author
Company Info
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.
Market Cap
$30.4B
Pitch Price
$458.95
Price Target
600.00 (+23%)
Dividend
0.48%
EV/EBITDA
46.05
P/E
63.23
EV/Sales
N/A
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Texas Pacific Land Corporation - $TPL
TPL short: Overvalued by 100%+. HK's self-fulfilling aura & index flows inflated price. Oil/gas royalties worth $4-5B, water business $3-3.5B, easements $1B. Data center hype unfounded. No pricing power in surface acreage. True value <$600/share vs. $1700+. Catalysts: index selling, HODL strategy collapse, cheap puts.
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