The Permian Angle
Porter Stansberry’s Royalty Riches is mostly a gold story, but it also stretches into oil country. The same capital-light logic applies underground in West Texas, where the Permian Basin is the most productive oil region in the United States. Owning the mineral rights there means collecting a royalty every time a well produces, while an operator like Chevron or ConocoPhillips does the drilling.
That is the oil royalty pitch in one line: own the dirt, skip the drilling rig, and take a top-line slice of every barrel that comes out.
Two Names From the Promo
Two oil royalty names round out the five picks. Texas Pacific Land, ticker TPL, owns more than 800,000 acres across the Permian and has quietly built a water business alongside its mineral royalties. Viper Energy, ticker VNOM, holds mineral rights on 1.2 million Permian acres spanning roughly 15,000 wells and was spun out of Diamondback Energy.
The two operate differently. Texas Pacific Land is a corporation that reinvests and develops new revenue lines, while Viper passes cash to shareholders through a variable dividend. Both fit the theme of collecting revenue without operating wells. We profile them in our Texas Pacific Land breakdown and our Viper Energy breakdown.
The Commodity Caveat
The honest caveat is the same as with gold: royalty income tracks the commodity. When oil prices fall, these names earn less, though they do not fall apart the way a levered driller does. The tradeoff is that you pay a premium for the structure, and the shares have all pulled back since the original tease. We cover the broader set of names in our oil royalty companies guide.
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