The Next Great Texas Land Rush

It's not just oil or Trump that is making the Permian Basin so rich...

Dear Fellow Expat:

In April 2023, I went live on-air to predict the Great Texas Land Rush.

It was simple: With a significant amount of U.S. oil tapped for production through 2030, a gold rush of mergers and acquisitions would take place, fueling land and asset prices and boosting stocks.

In a related report, I recommended five companies. And while most performed well – especially against the broader 10% gain in the energy sector over the period – one company blew the rest away...

1. Riley Permian (REPX) has struggled since April 2023… down 24%.

2. Ovintiv (OVV) – a producer with leading fracking technology – has gained 28%.

3. Permian Resources (PR) has surged more than 58%.

4. Earthstone Energy (ESTE), bought by Permian Resources, jumped from $13 to $21.17 (a 63% gain) and continued to rise thanks to the share conversion into PR stock.

5. But the winner was a company that owns no oil and gas production... it just owns the dirt. Texas Pacific Land (TPL) has soared 184% since my recommendation…