It would be amazing if you could review Texas Pacific Land Corporation. They’re a land trust that has operated since 1888 and owns 1,000,000 acres of land in West Texas over the Permian Basin, which is where Oxy and Chevron have staked because it’s where WTI crude comes from. TPL has zero debt on the balance sheet, over 50% profit and free cash flow margins, and collects royalties on the oil drilled on their owned land as well as the usage of water, natural resources, and agriculture, returning free cash flows back in dividend and aggressive buy backs.
What's the point? It's trading at a 44 P/E ratio, are you really considering buying it right now? It's also up 36% the last 12 months. Unless there's an extremely good reason, it doesn't look like a buy at all right now. Maybe one year ago sure.