Annual share price returns for the Treaty Creek ThreeI posted these numbers on the Tudor board and got blasted for bias, etc. Anyway, since they look favorable to TUO, I will repost them here.
If you are here for shareholder value, here are the annualized share price returns for the Treaty Creek Three since December 31, 2016, the first year of the joint venture.
2017: TUD -27.6%, AMK -16.7%, TUO +17.6%
2018: TUD -42.9%, AMK -40.0%, TUO -50.0%
2019: TUD +237.5%, AMK +200.0%, TUO +430.0%
2020: TUD +245.7%, AMK +211.1%, TUO +396.2%
2021: TUD -24.6%, AMK -32.1%, TUO -21.3%
2022: TUD -49.8%, AMK -31.6%, TUO -47.8%
2023: TUD -5.7%, AMK +0.0%, TUO +25.0%
2024 YTD: -6.0%, AMK +11.5%, TUO +17.8%
Highlights are the best annual performer. As you can see, TUO performed the best in 6 of the 8 years. I guess management really matters, even when the primary asset for all three is the same.