TPL is a unique 'toll booth' energy company with a strong royalty business and a rapidly growing water segment, making it an attractive investment.
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TPL Stock: The Oil Company That Never Drills (But Makes Millions)
Jun 18, 2026
TPL operates as a unique energy company, functioning like a toll booth by collecting royalties from oil and gas production on its 900,000 Permian Basin acres without taking on drilling risks. It is expanding its revenue streams with a growing water business that capitalizes on increased drilling activity.
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TPLbuy opened Jun 18, 2026
+18.12%