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: Rising Production, Raising Estimates

Founder, BWS Financial Inc

Hamed Khorsand

Founder

Equity Bottom-Up

<ul>
<li>TPL reported a decrease in daily production in the first quarter as energy producers had difficulty sourcing adequate amounts of sand</li>
<li>The lower daily production resulted in TPL reporting lower than expected revenue and earnings in the first quarter than we were expecting</li>
<li>The delay in production rates should not alter TPL’s stock trajectory as earnings should bounce with daily production ramping again.</li>
</ul>


TPL reported a decrease in daily production in the first quarter as energy producers had difficulty sourcing adequate amounts of sand
The lower daily production resulted in TPL reporting lower than expected revenue and earnings in the first quarter than we were expecting
The delay in production rates should not alter TPL’s stock trajectory as earnings should bounce with daily production ramping again.


TPL: Special Dividend While Production Re-Ramps

Texas Pacific Land

TPL: Special Dividend While Production Re-Ramps