Disclosures
About this publication
San Jacinto Capital is the research publication of Old San Jacinto LLC, a privately held Texas limited liability company based in Houston. Old San Jacinto LLC invests its own capital and manages no outside money. San Jacinto Capital is where the company's internal analysis of Texas markets and Texas companies is released to the public. The site is free to read. There is no paid tier.
Not investment advice
Nothing on this site is investment advice, and nothing on this site is a recommendation to buy, sell, or hold any security or other asset.
The material published here is general and impersonal. It is not tailored to the financial situation, investment objectives, risk tolerance, tax position, or particular needs of any reader. No reader should treat anything published here as advice directed to them.
Readers should consult their own qualified financial, legal, and tax advisors before making any investment decision. Investing involves risk, including the possible loss of principal.
No adviser relationship
San Jacinto Capital is not registered as an investment adviser with the U.S. Securities and Exchange Commission or with the securities regulator of any state, and does not hold itself out as an investment adviser.
Reading this site, corresponding with the author, or following any associated social media account does not create an advisory, fiduciary, or other professional relationship of any kind.
San Jacinto Capital does not answer individual questions about a reader's own holdings, accounts, or financial circumstances. Questions of that nature will be directed back to the general material published here.
Positions and conflicts of interest
The author and Old San Jacinto LLC may hold positions in securities, real property, or other assets discussed on this site. Where an article discusses a specific security in which a position is held, that position is disclosed within the article itself.
Positions may change at any time without notice, and there is no obligation to update any article to reflect a subsequent change in position.
Where a company or any other party has paid for coverage, the piece says so at the top, names the party, and states what was paid. Advertising on the site is labeled as advertising.
No performance claims
No performance figures, investment returns, or track record are published on this site.
Nothing published here should be understood to represent the past or expected future performance of any investment, strategy, or account. Any description of an investment approach describes a method, not a result.
Accuracy, sources, and forward-looking statements
Information published here is drawn from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Data may be incomplete, may be revised by its source, or may become inaccurate after publication.
All material reflects the author's views as of the date of publication. Views may change, and there is no obligation to update, revise, or correct any article after it is published.
Statements that concern expectations, projections, plans, or future events are forward-looking. Forward-looking statements are inherently uncertain, involve assumptions that may prove incorrect, and are not guarantees of any outcome.
Third-party links
This site may link to third-party websites and materials. Those links are provided for reference. San Jacinto Capital does not control, endorse, or take responsibility for the content of any third-party site.
Social media
Material published on any social media account associated with San Jacinto Capital is subject to these same disclosures.
Content posted by third parties on those accounts, including replies, comments, and quoted posts, does not reflect the views of San Jacinto Capital and is not endorsed by it. Likes, reposts, and follows are not endorsements or recommendations.
Real estate
Nothing on this site is an offer to sell or a solicitation of an offer to buy any real property or interest in real property.
No offer of securities
Nothing on this site is an offer to sell, or a solicitation of an offer to buy, any security or interest in any pooled investment vehicle. San Jacinto Capital does not offer, sell, or solicit interests in any fund or investment program.
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Last updated: October 30, 2026