Professional
Added to YB: 2024-06-25
Pitch date: 2024-04-01
TPL [bullish]
Texas Pacific Land Corporation
+49.5%
current return
Author Info
No bio for this author
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Company Info
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.
Market Cap
$20.8B
Pitch Price
$560.97
Price Target
N/A
Dividend
0.71%
EV/EBITDA
31.47
P/E
43.68
EV/Sales
26.23
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)