The estimated Net Worth of Kinetics Llchorizon Kinetic... is at least $161 Million dollars as of 3 May 2019. Kinetics Kinetic owns over 36 units of Texas Pacific Land stock worth over $161,190,106 and over the last 6 years Kinetics sold TPL stock worth over $0.
Kinetics has made over 35 trades of the Texas Pacific Land stock since 2019, according to the Form 4 filled with the SEC. Most recently Kinetics bought 36 units of TPL stock worth $29,059 on 3 May 2019.
The largest trade Kinetics's ever made was buying 1,516 units of Texas Pacific Land stock on 4 April 2019 worth over $1,189,408. On average, Kinetics trades about 80 units every 1 days since 2019. As of 3 May 2019 Kinetics still owns at least 204,232 units of Texas Pacific Land stock.
You can see the complete history of Kinetics Kinetic stock trades at the bottom of the page.
Over the last 19 years, insiders at Texas Pacific Land have traded over $4,951,154 worth of Texas Pacific Land stock and bought 42,750 units worth $41,192,877 . The most active insiders traders include Murray Stahl, Karl F Kurz, and Robert M. Roosa. On average, Texas Pacific Land executives and independent directors trade stock every 5 days with the average trade being worth of $31,570. The most recent stock trade was executed by Murrayhorizon Kinetics Asse... on 10 September 2024, trading 12 units of TPL stock currently worth $9,538.
texas pacific land trust was created in 1888 as a result of a reorganization of the texas and pacific railway company following receivership. holders of texas and pacific railway company bonds received 3.5 million acres of land in texas which had been earned by the railroad and pledged as security against bonds. the bondholders created the trust and converted bonds to shares of proprietary interest in the trust. the trust was created to manage and sell the land. today the trust is one of the largest landowners in texas with around 888,333 acres located in eighteen different counties. texas pacific land trust derives revenue from all avenues of managing the land, i.e. oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. the trust has a perpetual oil and gas royalty interest in some 459,200 acres.
Texas Pacific Land executives and other stock owners filed with the SEC include: