TPL
Energy

Texas Pacific Land Corporation

TPL
Since

Headquarters:

TX, United States

Exchange:

NYSE

Industry:

Oil & Gas E&P

Number of Employees:

100.00

Current Fiscal Year:

2024

Market Cap:

29.61B

Price per Share:

$1288.87

Quarterly Dividend per Share:

$1.60
Year-to-date Performance:
9.2189%
Dividend Yield:
1.13%
Price-to-book Ratio:
28.14
Trailing P/E Ratio:
65.99

Price History

Latest Prices

DateOpenHighLowClose
2025-04-301305.931311.261268.951288.87
2025-04-291330.831345.7713151330.29
2025-04-281323.441354.771322.1161350.38
2025-04-251323.9513351312.171334.63
2025-04-241343.61355.291321.76351335.79

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns 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, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

Financial Performance

2024 Revenue:686.70M

Detailed view of quarterly revenue

2024 Net Income:448.71M

Detailed view of quarterly net income

2024 Free Cash Flow:334.34M

Overview of free cash flow for the quarter

Annual Revenue Comparison

Compares total annual revenues

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