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Added to YB: 2024-06-25

Pitch date: 2024-04-01

TPL [bullish]

Texas Pacific Land Corporation

+160.21%

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

$186.99

Price Target

N/A

Dividend

0.48%

EV/EBITDA

46.05

P/E

63.23

EV/Sales

N/A

Sector

Oil, Gas and Consumable Fuels

Category

growth

Show full summary:
Horizon Kinetics Portfolio Holding: Texas Pacific Land Corporation

TPL: Phenomenal long-term performer, 182x return (30% annualized) since 2003, 12x (34% annually) since 2015. Initial 5% position now 30-40% of portfolio. Older accounts up 182x in 21 years, newer ones 12x in 8.5 years. Demonstrates exceptional growth and potential portfolio dominance.

Read full article (1 min)