A History of Results
TPL returned more than $200 million to shareholders between 2016 and YTD 2019 in the form of dividends and share repurchases
At the end of 2019, the Trustees will have returned $6.00 per share in the form of dividends for 2019.
TPL has consistently delivered superior shareholder returns
TPL has substantially outperformed the market with total shareholder return of 475% in the five years preceding the start of the dissidents’ campaign. In fact, TPL has significantly outperformed the major indices, the market's brightest stars (like Apple, Amazon and Facebook) and oil and gas companies invested heavily in the Permian Basin. 1
1 Total return includes stock price appreciation and reinvested dividends.
2 There are no true peers to TPL as of now.