Daily BriefsUnited States

Daily Brief United States: Texas Pacific Land and more

In today’s briefing:

  • TPL: The Land of Speculative Worry


TPL: The Land of Speculative Worry

By Hamed Khorsand

  • TPL has gone through a series of changes within its Board of Directors but that has not been enough to squash investor concerns
  • The Delaware Court deciding in favor of TPL in a shareholder lawsuit would allow the Board to increase the number of authorized shares of common stock
  • TPL’s Board now has ten members instead of nine last year. The Board has also seen three members turnover giving the Board a total of four fresh members

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