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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DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) today announced that its Board of Directors has approved a three-for-one stock split to be distributed to stockholders as a stock dividend. Each stockholder of record at the close of business on March 18, 2024, will receive two additional shares of common stock of the Company for each share held as of this record date. The new shares will be distributed on March 26, 2024. We expect that trading of the Company's.

Texas Pacific Land Corporation Announces Three-for-One Stock Split

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The valuation of the S&P 500 has become rather stretched, indicating subdued longer-term returns. This makes value stocks, particularly in the energy sector, more attractive due to their lower valuations. The article recommends three specific stocks for investors interested in royalty exposure: Texas Pacific Land, Viper Energy, and Topaz Energy.

3 Royalty Plays So You Can 'Sleep Well At Night'

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) announced today that the Delaware Supreme Court (the “Supreme Court”) affirmed the December 1, 2023 ruling of the Delaware Court of Chancery (the “Court of Chancery”) in favor of TPL in the litigation between the Company and Horizon Kinetics LLC, Horizon Kinetics Asset Management LLC, SoftVest Advisors, LLC and SoftVest, L.P. (collectively, the “Investor Group”), in Horizon Kinetics, LLC, et al. v. Texa.

Delaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' Agreement

Texas Pacific Land Corporation (TPL) Q4 2023 Earnings Call Transcript

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the fourth quarter and full year of 2023. Fourth Quarter 2023 Highlights Net income of $113.1 million, or $14.73 per share (diluted) Revenues of $166.7 million Adjusted EBITDA(1) of $150.9 million Free cash flow (1) of $116.3 million Royalty production of 26.3 thousand barrels of oil equivalent per day, the highest quarterly royalty production leve.

Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 Results

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release fourth quarter and full year 2023 financial results after the market closes on Wednesday, February 21, 2024. A conference call will be held on Thursday, February 22, 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 broad.

Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call

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Texas Pacific Land Trust (TPL) underperformed the Energy Select Sector SPDR by 32% in 2023. While Valuations fit in line with last decade, we tell you why TPL is incredibly expensive today. Issuing stock is probably the very best thing the company can do at this point.

Texas Pacific: Issue Stock To Buy Land, Cause They Are Not Making It Any More

Texas Pacific Land (NYSE: TPL) stock price is not having a good year as interest rates remains at the highest point in over 22 years. The stock was trading at $1,555 on Tuesday, about 21% below its highest point in September and 42% below its highest point in 2022.

Texas Pacific Land (TPL): Insiders are buying the stock

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) announced today that the Delaware Court of Chancery (the “Court”) has ruled in favor of TPL in the litigation between the Company and Horizon Kinetics LLC, Horizon Kinetics Asset Management LLC, SoftVest Advisors, LLC and SoftVest, L.P. (collectively, the “Investor Group”), in Texas Pacific Land Corp. v. Horizon Kinetics LLC, (C.A. No. 2022-1066-JTL) (Del. Ch.). On December 1, 2023, the Court ruled that.

Delaware Court of Chancery Rules in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' Agreement

Texas Pacific Land Corporation owns prime real estate in the Permian Basin, the largest U.S. oil and gas basin. TPL generates revenue through fixed fees, material sales, and royalties from major customers like Occidental Petroleum, Chevron, Exxon Mobil, EOG Resources, and ConocoPhillips. TPL has impressive financial performance, with a 40% compounding growth rate in free cash flow from 2016 to 2022 and a 10-year average annual total return of 47%.

Texas Pacific Land: 'Buy Land, They're Not Making It Anymore'

Texas Pacific Land Corporation (TPL) Q3 2023 Earnings Call Transcript

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 2023. Third Quarter 2023 Highlights Net income of $105.6 million, or $13.74 per share (diluted) Revenues of $158.0 million Adjusted EBITDA(1) of $141.0 million Free cash flow (1) of $106.1 million Royalty production of 21.8 thousand barrels of oil equivalent per day $5.9 million of common stock repurchases Quarterly cash divide.

Texas Pacific Land Corporation Announces Third Quarter 2023 Results

The upward trajectory in costs is expected to have affected Texas Pacific Land's (TPL) earnings in Q3.

Texas Pacific Land (TPL) to Post Q3 Earnings: What to Expect?

Texas Pacific (TPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Texas Pacific (TPL) Q3 Earnings Expected to Decline

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release third quarter 2023 financial results after the market closes on Wednesday, November 1, 2023. A conference call will be held on Thursday, November 2, 2023 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 s.

Texas Pacific Land Corporation Sets Dates for Third Quarter 2023 Earnings Release and Conference Call

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The new Cooperation Agreement will allow major shareholders of Texas Pacific Land to vote freely and improve governance. Although two of the major promoters of the legal issues will retire soon, they haven't ceased the lawsuit. TPL has the best business model to gain exposure to the oil and gas markets, but I consider the stock to be overvalued with a current fair price of $1,433.

Texas Pacific Land's Management Issues Coming To An End

Texas Pacific Land Corp is one of the largest land and mineral rights owners in the US, with access to natural resources. TPL has delivered impressive returns of around 31,000% since the turn of the century. The company's future growth opportunities include solar farms, wind farms, and other innovative land uses, while its main revenue source remains oil royalties.

Black Gold And Vast Lands: The Texas Pacific Land Corp Story

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Founded in 1888, Texas Pacific Land Corp ( TPL , Financial) is one of the largest landowners in the state of Texas with approximately 900,000 acres of land in West Texas. The company operates in the Oil & Gas industry and primarily generates revenue through oil and gas royalties, easements, and land sales.

Texas Pacific Land Corp: A High-Performance Contender in the Oil & Gas Industry

Texas Pacific Land Corp ( TPL , Financial) is a prominent player in the Oil & Gas industry. As of August 3, 2023, the company's stock price stands at $1559.77, with a market cap of $12 billion.

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