Author Topic: TPL - Texas Pacific Land Trust  (Read 36936 times)

Castanza

  • Hero Member
  • *****
  • Posts: 1200
Re: TPL - Texas Pacific Land Trust
« Reply #70 on: March 09, 2020, 09:22:38 AM »
Anyone watching this at these levels?


Gregmal

  • Hero Member
  • *****
  • Posts: 3642
Re: TPL - Texas Pacific Land Trust
« Reply #71 on: March 09, 2020, 09:36:26 AM »
Anyone watching this at these levels?

Yup

Castanza

  • Hero Member
  • *****
  • Posts: 1200
Re: TPL - Texas Pacific Land Trust
« Reply #72 on: March 09, 2020, 10:16:05 AM »
Anyone watching this at these levels?

Yup

Added a few shares at 500. Could bite me in the ass, but I still like the long game.

Sombunall

  • Newbie
  • *
  • Posts: 24
Re: TPL - Texas Pacific Land Trust
« Reply #73 on: March 14, 2020, 12:46:41 PM »
Me too.


Sombunall

  • Newbie
  • *
  • Posts: 24
Re: TPL - Texas Pacific Land Trust
« Reply #74 on: March 14, 2020, 12:48:46 PM »
Just five shale drillers—Exxon, Chevron, Occidental, and Crownquest—can drill new wells at a profit at $31 per barrel of West Texas Intermediate. [The first 3 are TPL producers]

The situation is more positive for drilled but uncompleted wells, according to Rystad. The consultancy said yesterday that as much as 80 percent of DUCs in the U.S. shale patch have a breakeven price of less than $25 per barrel of WTI. [TPL has nearly 500 DUCs]

https://oilprice.com/Latest-Energy-News/World-News/Only-5-Shale-Drillers-Are-Still-Profitable-At-31-Oil.html