BWS Financial Inc

BWS provides independent stock specific research focused on companies with distinct value that are going through a special situation where there is a tangible catalyst not priced in. The catalyst can be anything from new product, restructuring, M&A, management change, change in business strategy, etc. BWS’s focus is to understand the change and evaluate the potential return for investors.

BWS utilizes a self formed proprietary approach in discovering stocks by putting great emphasis on deep research. BWS does generate short recommendations following a similar criteria.

Independent Stock Specific Research

TPL: Free Cash Flow with Depressed Valuation

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>TPL captured more water business in the second quarter than the Company had previously achieved leading to revenue and earnings exceeding our expectations</li>
<li>The water business has been a revenue source smoothing out the volatility associated with the movement in oil and gas prices and production levels</li>
<li>While TPL is not expecting to repeat second quarter levels in the third quarter, the water business should continue to perform better than previously expected</li>
</ul>


TPL captured more water business in the second quarter than the Company had previously achieved leading to revenue and earnings exceeding our expectations
The water business has been a revenue source smoothing out the volatility associated with the movement in oil and gas prices and production levels
While TPL is not expecting to repeat second quarter levels in the third quarter, the water business should continue to perform better than previously expected


Texas Pacific Land

TPL: Not Just Oil and Gas Story Anymore