Tejon Ranch Co is a diversified real estate developer and agribusiness company. The company’s operations are segmented into real estate--commercial/industrial development, which includes development and commercial sales and leasing; real estate--resort/residential development, which consists of land entitlement and planning, and preconstruction activities. It also has a mineral resources division, which primarily manages royalties from oil and gas, rock and aggregate, and cement operations. The farming segment produces and sells almonds, pistachios. and wine grapes and the ranch segment consists of ancillary services supporting the ranch. The mining resources and farming segments contribute the majority of revenue to the business.