Texas Pacific Land Trust

Texas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The firm also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. It operates through following segment: Land and Resource Management and Water Services and Operations. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment offers operators an unparalleled breadth of service across the majority of the Permian Basin. The company was founded in 1871 and is headquartered in Dallas, TX.

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Texas Pacific Land Trust (TPL) achieves record revenue in Q4 2022, diversifies revenue streams for future growth

Texas Pacific Land Trust (TPL) delivered outstanding financial performance in Q4 2022, setting new revenue records and demonstrating strong shareholder value through dividends and buybacks. While facing challenges in well productivity and market dynamics, TPL is actively pursuing opportunities in renewable energy, water services, and sand mining to drive future growth and revenue diversification.

Texas Pacific Land Trust reports solid Q1 performance and growth outlook

TPL's Q1 2023 performance showcased resilience in the face of lower oil and gas prices, with strong financial metrics and a focus on shareholder value through dividends and buybacks.
The company's debt-free balance sheet, diversified revenue streams, and strategic initiatives position TPL well for long-term growth and value creation for shareholders.
While challenges like lower commodity prices and legal disputes persist, TPL remains optimistic about future opportunities, including growth in oil and gas royalties and operational enhancements.

Texas Pacific Land Trust reports robust Q2 earnings and growth prospects

TPL's Q2 2023 performance showcased resilience amidst lower commodity prices, driven by strong water and SLEM revenues.
The company's strategic focus on high-margin water business and recent acquisitions positions it well for future growth opportunities.
Despite challenges from weaker realizations in certain segments, TPL's financial stability and commitment to shareholders remain strong.

Texas Pacific Land Trust (TPL) reports solid Q3 performance amidst challenges

Texas Pacific Land Trust (TPL) delivered a strong financial performance in Q3 2023, showcasing resilience and strategic decision-making. While facing challenges in royalty production and infrastructure, TPL maintained profitability and shareholder value. The company's focus on operational efficiency and growth opportunities positions it well for future success.

Texas Pacific Land Trust reports robust Q4 earnings and growth prospects

TPL's strong Q4 performance in 2023, driven by diverse revenue streams and solid financial metrics, positions the company well for future growth. Despite challenges in production trajectory and legal uncertainties, TPL's strategic focus on shareholder value and long-term opportunities bode well for its outlook.

Texas Pacific Land Trust reports robust Q1 performance and advances sustainable technology initiatives

Texas Pacific Land Trust (TPL) delivered a strong Q1 performance with notable revenue growth, driven by water sales and oil and gas royalty production.
The company's focus on innovative desalination technology and beneficial reuse initiatives underscores a commitment to sustainability and operational excellence.
While TPL faces challenges in scaling up technology and ensuring water sales sustainability, opportunities lie in expanding market reach and driving revenue diversification through strategic partnerships.

Texas Pacific Land Trust (TPL) achieves record production and revenue growth

Texas Pacific Land Trust (TPL) delivered a robust performance in Q3 2024, marked by record production levels and revenue growth in both oil and gas royalties and water sales. Strategic acquisitions and a focus on expanding produced water royalties underscore the company's commitment to driving growth and shareholder value.

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Texas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The firm also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. It operates through the Land and Resource Management and Water Services and Operations segment. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment refers to the full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by the company. The company was founded in 1871 and is headquartered in Dallas, TX.

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Texas Pacific Land Corporation (NYSE:TPL ) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Shawn Amini - Vice President, Finance and Investor Relations Tyler Glover - Chief Executive Officer Chris Steddum - Chief Financial Officer Robert Crain - Executive Vice President, Texas Pacific Water Resources Conference Call Participants Derrick Whitfield - Stifel Operator Ladies and gentlemen, good morning, and welcome to the Texas Pacific Land Corporation's Third Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Texas Pacific Land Corporation (TPL) Q3 2024 Earnings Call Transcript

Texas Pacific Land Corporation has become my largest investment due to its unique business model and significant long-term potential in the Permian Basin. TPL profits from oil, gas, and water rights without incurring exploration costs, making it a high-margin, debt-free company with impressive results. Despite a high P/E ratio of 67x, TPL's innovative contracts, sustainable water solutions, and strategic acquisitions justify continued bullishness.

My Best Investment Ever - Why I Remain Bullish On Texas Pacific Land

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the third quarter of 2024. Third Quarter 2024 Highlights Acquired mineral interests across approximately 4,106 net royalty acres located in the northern Delaware Basin for a purchase price of $120.3 million, net of post-close adjustments, in an all-cash transaction Acquired approximately 4,120 surface acres and other surface-related assets located.

Texas Pacific Land Corporation Announces Third Quarter Results

Texas Pacific Land is a high-margin cash cow.

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DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) announced today that the Company will release third quarter 2024 financial results after the market closes on Wednesday, November 6, 2024. A conference call will be held on Thursday, November 7, 2024, at 8:30 a.m. Eastern Time. Webcast: A webcast of the conference call will be available on the Investors section of the Company's website at www.texaspacific.com. To listen to the live broadcast, go to the site at l.

Texas Pacific Land Corporation Sets Dates for Third Quarter 2024 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced the closing of an acquisition of Permian oil and gas mineral and royalty interests for $286 million in cash. The interests span across approximately 7,490 net royalty acres (“NRA”) located primarily in the Midland Basin in Martin (~2,220 NRA), Midland (~2,080 NRA), and other counties, with over 80% of the acquired interests adjacent to or overlapping existing TPL surface and royalty acre.

Texas Pacific Land Corporation Acquires Permian Oil and Gas Mineral and Royalty Interests in Cash Transaction

Texas Pacific Land Corporation benefits from a diverse revenue stream, including royalties, water services, and land sales, making it a stable investment. Despite missing Q2 2024 EPS projections, TPL's strong operational margins and significant land holdings in the Permian Basin ensure its attractiveness. TPL's unique business model, focusing on land and water rights rather than drilling, offers lower risk and higher predictability compared to traditional energy firms.

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DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced the closing of two acquisitions for oil and gas mineral interests and surface acreage located in the Permian Basin for an aggregate $169 million in cash. TPL acquired mineral interests across approximately 4,106 net royalty acres located in Culberson County, Texas. The acquired mineral interests overlap existing TPL royalty acreage in current and anticipated Drilling and Spacing Units (“.

Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions

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Texas Pacific Land Corporation is a misunderstood company with a near-perfect business model. TPL owns land in the Texas Permian, generating high margins from oil and gas royalties and water services. The company's strategic location in the Permian Basin allows for additional revenue streams such as sand sales and potential data centers.

Texas Pacific Land: So Bullish, 13% Of My Portfolio Is Just The Beginning

Texas Pacific Land Corporation (NYSE:TPL ) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Shawn Amini - Vice President, Finance and Investor Relations Tyler Glover - Chief Executive Officer Chris Steddum - Chief Financial Officer Robert Crain - Executive Vice President, Texas Pacific Water Resources Conference Call Participants Nate Pendleton - Texas Capital Hamed Khorsand - BWS Financial Operator Greetings and welcome to Texas Pacific Land Corporation Second Quarter 2024 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

Texas Pacific Land Corporation (TPL) Q2 2024 Earnings Call Transcript

Texas Pacific (TPL) came out with quarterly earnings of $4.98 per share, missing the Zacks Consensus Estimate of $5.36 per share. This compares to earnings of $4.35 per share a year ago.

Texas Pacific (TPL) Q2 Earnings and Revenues Lag Estimates

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the second quarter of 2024. Second Quarter 2024 Highlights Water Service and Operations segment achieved record performance for the following: Water sales revenue of $40.7 million Produced water royalties revenue of $25.3 million Total segment revenues of $68.3 million Total segment net income of $34.5 million Announced a target cash and cash equiv.

Texas Pacific Land Corporation Announces Second Quarter Results and Another Record Performance From Water Segment

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) announced today that the Company will release second quarter 2024 financial results after the market closes on Wednesday, August 7, 2024. A conference call will be held on Thursday, August 8, 2024 at 8:30 a.m. Eastern Time. Webcast: A webcast of the conference call will be available on the Investors section of the Company's website at www.texaspacific.com. To listen to the live broadcast, go to the site at least.

Texas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference Call

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