July 31, 2019

Texas Pacific Land Trust Enters into Settlement Agreement with Investor Group (7/31/19 Press Release via Business Wire)

July 31, 2019 Press release via Business Wire: Texas Pacific Land Trust (NYSE: TPL) (the “Trust” or “TPL”) today announced that it has entered into a settlement agreement (the “Settlement […]
July 15, 2019

Portfolio Manager’s Update – June 2019

The oil markets have taken on a more positive tone in the last month as inventories are experiencing large drawdowns, OPEC has decided to restrict production through the end of […]
June 24, 2019

Dana McGinnis, Founder and CEO of Mission Advisors, one of TPL’s largest shareholders, named to Conversion Exploration Committee

Texas Pacific Land Trust Forms Conversion Exploration Committee to Consider C-Corp Conversion.  June 24, 2019 Press release via Business Wire.
June 13, 2019

Portfolio Manager’s Update – May 2019

Over the last month, many factors have affected the general markets and the energy markets. Among these are trade wars, immigration issues and worries about slower growth. They have put […]
May 10, 2019

Portfolio Manager’s Update – April 2019

The oil market scenario played out much as we anticipated in last month’s letter. As prices rose in the early part of the month, so did the market. The market […]
April 17, 2019

Portfolio Manager’s Update – March 2019

The oil markets continued to firm over the past month with WTI prices back above $60/bbl. We have regularly used $60 as a long term target for domestic oil prices […]
January 2, 2019

Hedge Funds Bet on Oil Rally in 2019 After Wackiest Year-End in Decade

Hedge funds are keeping their cool in the most tumultuous end of the year for oil since the 2008 financial crisis, betting on better days ahead. (Source: Bloomberg News, by Jessica […]
November 21, 2018

Texas Is About to Create OPEC’s Worst Nightmare

“OPEC’s bad dream only deepens next year, when Permian producers expect to iron out distribution snags that will add three pipelines and as much as 2 million barrels of oil […]