Texas Pacific Land Stock (NYSE:TPL)


RevenueOwnershipFinancialsChartTranscripts

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$1.13K

52W Range

$467.62 - $1.77K

50D Avg

$1.28K

200D Avg

$861.40

Market Cap

$26.18B

Avg Vol (3M)

$219.49K

Beta

1.59

Div Yield

$6.40 (1.33%)

TPL Company Profile


Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

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Industry

Oil & Gas Exploration & Production

Sector

Energy

Exchange

NYSE

ADR

-

Country

US

Employees

100

IPO Date

Mar 17, 1980

Website

TPL Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceDec 23Dec 22Dec 21
Water Sales And Royalties$112.20M$84.72M$67.77M
Produced Water Royalties$84.26M$72.23M$58.08M
Oil And Gas Royalties$357.39M$452.43M$286.47M
Land Sales and Other Revenue$6.81M$9.97M$1.03M
Easement and Sundry$70.93M$48.06M$37.62M

Fiscal year ends in Dec 23 | Currency in USD

TPL Financial Summary


Dec 23Dec 22Dec 21
Revenue$631.60M$667.42M$450.96M
Operating Income$486.05M$562.31M$362.39M
Net Income$405.64M$446.36M$269.98M
EBITDA$500.81M$562.31M$362.39M
Basic EPS$52.81$57.80$34.83
Diluted EPS$52.77$57.77$34.83

Fiscal year ends in Dec 23 | Currency in USD

Latest Earnings Call Transcripts


Q3 24Nov 07, 24 | 2:47 PM
Q2 24Aug 08, 24 | 10:25 AM
Q1 24May 09, 24 | 12:00 AM

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