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$Texas Pacific Land(TPL.US$
Very Long-Term Picture
This company is one of the great's in the oil, gas, and utilities industries. The company has consistently been able to produce confidence in investors to perpetually bid the price up over the very long term. Even with a minimal dividend return. The price action has been traveling in an almost perfect price channel. They don't get much prettier than this.
The price action is nearing support of the very long-term channel,...
Very Long-Term Picture
This company is one of the great's in the oil, gas, and utilities industries. The company has consistently been able to produce confidence in investors to perpetually bid the price up over the very long term. Even with a minimal dividend return. The price action has been traveling in an almost perfect price channel. They don't get much prettier than this.
The price action is nearing support of the very long-term channel,...
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We are moving into recession. Sales will drop, net profits will decline, unemployment will rise, wages will not support the families, immigration will consume your community resources as I predicted. The taxpayer is migrating to find suitable lifestyles. EV's will destroy capitalism. This is another Warning! Stay out of Teck Stocks, caution warranteed in banking and finance, bankruptcies overwhelming, crime, higher costs for transportation leads to even higher prices to consumers. ...
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Oil rising is good for the Industry and higher prices may curtail travel and bring inflation down while consumer inventories climb. If you don't travel you don't buy goods.
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The optimism of the Oil and Petroleum Exporting Countries (OPEC) for revival of energy demand in major economies pushed oil prices to a near-10-month high on September 13.
As a result, Brent futures climbed $1.42, or 1.6 percent, to settle at $92.06 a barrel, while WTI crude settled at $88.84, up $1.55, or 1.8 percent.
Despite closing at their highest levels since November 2022, both the benchmarks were technically ov...
As a result, Brent futures climbed $1.42, or 1.6 percent, to settle at $92.06 a barrel, while WTI crude settled at $88.84, up $1.55, or 1.8 percent.
Despite closing at their highest levels since November 2022, both the benchmarks were technically ov...
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$Occidental Petroleum(OXY.US$ $Chevron(CVX.US$ Two Warren Buffett-backed energy stocks are among a group of five near buy points as oil prices jumped after Saudi Arabia extended its voluntary production cut of 1 million barrels per day until the end of 2023. 📈
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BelleWeather : I am hugely bullish on land, especially farmland and mineral rights. But I’m not convinced this is the best play right now (two years ago, perhaps.) I like FPI and GLAD better. And for oil and water, ARIS.
BelleWeather BelleWeather: My perspective is fundamental though - I think it a mistake to use TA in a long view this way.
SpyderCallOP BelleWeather: Well, as for long-term technicals, the longer a support line holds true, then the stronger it is. And this is a multi year support level. As for the fundamental picture, we are seeing the 3rd highest quarterly revenue and EPS ever recorded, and the correlation over the long-term is an upward trend in these two metrics. The third highest net profit ever recorded with a strong upward trend in this metric over several years. Highest ever net income attributable to stockholders ever recorded on an earnings call, and an even stronger upward trend in this variable over the years. They have a great dividend that has been increasing over the years. And since last quarter, their balance sheet has never looked better. Fundamentally this company looks great on their financial reports.
SpyderCallOP BelleWeather: As for business fundamentals, they make most of their money from leasing land. Land leases increase in cost over time with inflation and rising property values. Since US oil production has been steadily increasing over the years, their prospects for future profit look great. Especially if Trump gets elected. He has already stated that if he is president, then the US is going to "drill baby, drill." His words, not mine.
Personally, I think the long-term prospects look great. I could be wrong, though.
SpyderCallOP BelleWeather: These companies look good also.
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