Texas Pacific Land Corporation

Texas Pacific Land Corporation

TPL
Texas Pacific Land CorporationUS flagNew York Stock Exchange
370.82
USD
+2.59
- -
25.58BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.57
0.73
1.08
0.92
2.19
4.28
7.03
4.33
6.46
9.6
9.14
10.24
11.58
12.17
Basic EPS, GAAP
0.35
0.46
0.68
0.59
1.38
2.99
4.57
2.52
3.87
6.42
5.87
6.58
6.98
7.3
Free Cash Flow per Basic Share
0.39
0.51
0.67
0.56
1.06
1.41
4.31
2.41
3.58
6.13
5.47
0.95
0.47
0.67
Dividend per Share
- -
0.03
0.03
0.03
0.15
0.45
0.67
2.89
1.22
3.56
1.45
5.04
2.14
2.21
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
9.58
12.46
16.95
18.53
23.15
24.4
Tangible Book Value per Share
0.23
0.35
0.62
0.66
1.49
3.49
7.34
6.95
9.34
11.12
14.79
15.91
20.68
22.1
Basic Weighted Avg Shares
77
76
74
72
71
70
70
70
70
69
69
69
69
69
Sales/Revenue/Turnover
44
55
79
66
155
300
490
303
451
667
632
706
798
839
Operating Margin (%)
90.98
93.14
94.76
95.16
93.74
86.88
81.46
71.81
80.36
84.25
76.96
76.38
74.19
74.42
Depreciation Expense
- -
- -
- -
- -
- -
3
9
14
16
15
15
25
63
65
Net Income, GAAP
27
35
50
42
97
210
319
176
270
446
406
454
481
504
Effective Tax Rate (%)
32.2
32.41
33.53
32.79
32.97
19.87
20.76
19.85
25.63
21.53
21.62
21.57
21.13
21.25
Profit Margin (%)
61.71
62.98
63.01
63.95
62.88
69.86
64.98
58.19
59.87
66.88
64.23
64.32
60.31
60.03
Working Capital
19
30
47
53
92
169
342
293
459
577
799
443
246
332
LT Debt
- -
- -
- -
- -
- -
- -
3
2
1
2
1
- -
16
16
Total Equity
18
27
46
48
105
245
512
485
652
773
1,043
1,132
1,459
1,556
Return on Invested Capital (%)
158.25
152
135.6
87.78
124.72
118.67
82.55
34.41
45.93
60.08
41.26
38.34
35.47
34.4
Return on Capital (%)
- -
- -
- -
- -
- -
- -
18,932.46
6,528.8
80.4
58.05
39.75
37.04
33.34
33.15
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
80.82
58.18
39.81
37.06
33.5
33.27

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
17
16
16
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
69
Market Capitalization
21,456
19,804
32,723

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
737
319
435
Cash, Cash Equivalents & STI
532
145
248
Accounts Receivable, Net
128
165
181
Inventories
- -
- -
- -
Total Current Liabilities
76
74
103
Payables & Accruals
56
52
81
ST Debt
- -
- -
- -
Deferred Revenue
20
21
22

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
48.7%
25.05%
28.83%
Free Cash Flow
23.47%
-5.11%
-50.86%
Net Income, GAAP
36.49%
25.5%
6.04%
Sales/Revenue/Turnover
35.29%
23.3%
13.09%
Total Cash Common Dividend
116.97%
52.54%
-57.44%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
174
172
174
186
706
2025
196
188
203
212
798
2026
237
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.66
1.66
1.55
1.72
6.58
2025
1.75
1.68
1.76
1.79
6.98
2026
2.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.39
0.39
3.72
0.53
5.04
2025
0.54
0.53
0.53
0.53
2.14
2026
0.61
- -
- -
- -
- -

Company Description

APIChat
CEO
Tyler Glover
Full Time Employees
111
Sector
Energy
Industry
Oil & Gas Exploration & Production
Address
2699 Howell Street Dallas TX United States of America 75204
IPO Date
Mar 17, 1980
Business
Texas Pacific Land Corporation engages in land and resource management and water services and operations primarily in the state of Texas, with a concentration in the Permian Basin. The company owns approximately 882,000 surface acres, managing oil and gas royalty interests and mineral rights. Its Land and Resource Management segment generates revenue from oil and gas royalties, easements (pipeline, power line, utility), commercial leases, renewables, land sales, and materials such as caliche for construction. The Water Services and Operations segment, operated through its wholly owned subsidiary Texas Pacific Water Resources LLC, delivers comprehensive water solutions including water sourcing, produced-water treatment, infrastructure development, and disposal services essential for fracking and oil and gas well completions. Founded in 1888 and headquartered in Dallas, Texas, Texas Pacific Land Corporation is one of the largest landowners in Texas and focuses on long-term revenue generation from its land and mineral assets, without engaging in oil and gas production itself. In 2024, the company invested approximately $500 million in acquisitions, expanding its surface and royalty acreage predominantly in the Permian Basin by over 50,000 acres, enhancing its production and revenue base. Recent strategic initiatives include a three-for-one stock split effective December 2025 to increase stock liquidity and accessibility. Additionally, Texas Pacific Land completed a $500 million credit facility to support capital expenditures and acquisitions. The company continues to explore mergers and acquisitions, particularly in Permian minerals, royalties, water, and surface assets to leverage synergies with its existing infrastructure. Texas Pacific Land Corporation's portfolio includes multiple revenue streams such as fixed fees for land use, material sales, water services, royalties from oil and gas production, and leasing arrangements for midstream infrastructure and hydrocarbon processing. Its water division operates extensive water production, storage, and delivery systems critical for hydraulic fracturing operations prevalent in the region. The company maintains high gross profit margins above 90% and has a consistent dividend payment history exceeding 12 years. With operative focus in the Permian Basin, Texas Pacific Land targets oil and gas operators and infrastructure developers as its primary customers, solidifying its position as a modern energy and land management powerhouse in the Texas energy sector.

Company News

APIChat
  • Exxon SVP Warns Oil Could Spike to $150-160 Per Barrel in ‘Coming Weeks'

  • Texas Pacific Land Corporation: Data Center Is A Game Changer - Rating Upgrade

  • Texas Pacific Land: The Water Thesis Can't Be Ignored Any Longer

  • Murray Stahl's Strategic Moves: Texas Pacific Land Corp Sees a -1.24% Portfolio Impact

  • How Texas Pacific Land Could Be One Of The Market's Biggest Winners

  • Texas Pacific Land Corporation (TPL) Q1 2026 Earnings Call Transcript

  • Texas Pacific (TPL) Beats Q1 Earnings Estimates

  • Texas Pacific Land Corporation Announces First Quarter Results

  • TPL Announces the Appointment of Peter Doyle to the Board

  • Texas Pacific Land Set to Report Q1 Earnings: What's in Store?

  • Earnings Preview: XPLR Infrastructure (XIFR) Q1 Earnings Expected to Decline

  • Certuity LLC Grows Position in Texas Pacific Land Corporation $TPL

  • Texas Pacific (TPL) Reports Next Week: Wall Street Expects Earnings Growth

  • B. Metzler seel. Sohn & Co. AG Has $718,000 Position in Texas Pacific Land Corporation $TPL

  • Hoku (OTCMKTS:HOKUQ) & Texas Pacific Land (NYSE:TPL) Financial Contrast

  • Confluence Wealth Services Inc. Acquires 3,329 Shares of Texas Pacific Land Corporation $TPL

  • Evergreen Capital Management LLC Buys 2,659 Shares of Texas Pacific Land Corporation $TPL

  • Cortland Associates Inc. MO Acquires 28,354 Shares of Texas Pacific Land Corporation $TPL

  • New Strong Buy Stocks for April 17th

  • Texas Pacific Land Corporation $TPL Stock Holdings Lifted by Austin Wealth Management LLC