Texas Pacific Land Corporation

NYSE (USD): Texas Pacific Land Corporation (TPL)

Last Price

611.26

Today's Change

+2.83 (0.46%)

Day's Change

607.87 - 613.50

Trading Volume

27,435

Profile
TPL

Exchange:  New York Stock Exchange New York Stock Exchange

Currency:  USD USD

Sector:  Energy - Energy Energy - Energy

Industry: 

CEO:  Mr. Tyler Glover Mr. Tyler Glover

Full Time Employees:  100 100

IPO Date:  1980-03-17 1980-03-17

CIK:  0001811074 0001811074

ISIN:  US88262P1021 US88262P1021

CUSIP:  88262P102 88262P102

Beta:  1.61 1.61

Last Dividend:  4.68 4.68

Dcf Diff:  285.32 285.32

Dcf:  325.94 325.94

Description

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.

Address

1700 Pacific Avenue,
Dallas, TX 75201, US

214 969 5530

http://www.texaspacific.com

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