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

TPL: Special Dividend While Production Re-Ramps

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>TPL reported better than expected third quarter results on the heels of production rebounding to a new high compared to the last four quarters</li>
<li>The availability of fracking sand has been the biggest impediment for energy producers in the Permian Basin. TPL contracting for two mobile sand miners should stabilize production over multiple quarters</li>
<li>We are raising our price target to $2,750 to better reflect the earnings power TPL’s business has looking ahead to 2023 and 2024 with higher production levels</li>
</ul>


TPL reported better than expected third quarter results on the heels of production rebounding to a new high compared to the last four quarters
The availability of fracking sand has been the biggest impediment for energy producers in the Permian Basin. TPL contracting for two mobile sand miners should stabilize production over multiple quarters
We are raising our price target to $2,750 to better reflect the earnings power TPL’s business has looking ahead to 2023 and 2024 with higher production levels


Texas Pacific Land

TPL: Rising Production, Raising PT