$VNOM is also a good play
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@doyoueventradebro Thanks!
$VNOM is a great company, with good health, past, value, dividend (not well covered), revenue and earnings. That stock price will rise by $57,30 (+50%).
But it simply exchanges the water rights for mineral rights. That's where the growth is. While Permian production is peaking, water volumes are accelerating, as drillers require more water to sustain production and the water-to-oil ratio increases.
$VNOM is a great company, with good health, past, value, dividend (not well covered), revenue and earnings. That stock price will rise by $57,30 (+50%).
But it simply exchanges the water rights for mineral rights. That's where the growth is. While Permian production is peaking, water volumes are accelerating, as drillers require more water to sustain production and the water-to-oil ratio increases.
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