This is old info but may be relevant- One reason the fund may own it is the price. It keeps weak hands like you and me out! Texas Pacific Land an energy stock worth fighting over, Barron's says 04/02/22 TPL The demand for non-Russian oil and natural gas has ignited the value of 880,000 acres owned by Texas Pacific Land in the energy-rich Permian Basin, Bill Alpert writes in this week's edition of Barron's. Since mid-February, shares of Texas Pacific Land have jumped 45%, to a recent $1,450. That values Dallas-based TPL above $11 billion, a premium to other companies that get revenue primarily from royalties on oil and gas, the author notes. But, as oil prices soar and with the likelihood of increased development on the West Texas acres on which TPL owns perpetual royalty rights, the company's value is being recalculated. Higher prices, higher production, and improvements in the once-sleepy business' governance could make this play on U.S. energy richer still, the publication adds
Been sitting here and lightbulb! APPS<-- The unusual option activity today that I posted. Now we know why... Ad spending to increase to streaming.. could their be a connection? TradeDesk too...
How's the vix been unreliable? Here, from the cboe: Calculation of VIX Values VIX values are calculated using the Cboe-traded standard SPX options, which expire on the third Friday of each month, and the weekly SPX options, which expire on all other Fridays. Only SPX options are considered whose expiry period lies within more than 23 days and less than 37 days.
How's the vix been unreliable? It has not risen to levels which would be concurrent with the sell off.
GOOD MORNING EVERYONE THE DAYS ARE TICKING DOWN! Nasty weather I hope all is well.. we almost lost power but it stayed on. We have one Ash tree down near the pool fence but it appears to have just missed the fence.
Description Compass Diversified is a private equity firm specializing in add on acquisitions, buyouts, industry consolidation, recapitalization, late stage and middle market investments. It seeks to invest in niche industrial or branded consumer companies, manufacturing, distribution, consumer products, business services sector, safety & security, electronic components, food, foodservice. The firm prefers to invest in companies based in North America. It seeks to invest between $100 million and $800 million in companies with an EBITDA between $15 million to $80 million. It seeks to acquire controlling ownership interests in its portfolio companies and can make additional platform acquisitions. The firm prefer to have majority stake in companies. The firm invests through its balance sheet and typically holds investments between five to seven years. Compass Diversified was founded in 2005 and is based in Westport, Connecticut with an additional office in Costa Mesa, California. CODI is a SI fave % play!
5.9% Divvy Compass Diversified (CODI) 16.79+0.07 (+0.42%) At close: December 22 04:00PM EST 17.28 +0.49 (+2.92%)<-----------------AH
I have owned CODI at $19 in the past so it's really not in a bad place at $17 considering... Compass Diversified resumed with a Buy at Jefferies 07:01 CODI Jefferies analyst Kyle Joseph resumed coverage of Compass Diversified with a Buy rating and $26 price target. Compass Diversified remains well-positioned to surpass $1B of EBITDA generation in the coming years and shares are attractively valued, Joseph tells investors in a research note.
EXEL used to be a favored Biotech they are now trading near the 52 week low.-- I need to get caught up on why. Possible Gummy here- Exelixis, Inc. (EXEL) NasdaqGS - NasdaqGS Real Time Price. 15.89+0.13 (+0.82%) At close: December 22 04:00PM EST 15.89 0.00 (0.00%) After hours: Dec