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 ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Shawn Amini - Vice President-Finance & Investor Relations Ty Glover - Chief Executive Officer Chris Steddum - Chief Financial Officer Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Good morning, and welcome to Texas Pacific Land Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call. This conference call is being recorded.

Texas Pacific Land Corporation (TPL) Q4 2022 Earnings Call Transcript

Texas Pacific (TPL) delivered earnings and revenue surprises of -14.53% and 11.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Texas Pacific (TPL) Q4 Earnings and Revenues Miss Estimates

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 2022. Fourth Quarter 2022 Highlights Net income of $99.7 million, or $12.95 per share (basic) and $12.94 per share (diluted) Revenues of $152.7 million Adjusted EBITDA(1) of $133.9 million Royalty production of 21.3 thousand barrels of oil equivalent per day $29.

Texas Pacific Land Corporation Announces Fourth Quarter and Full Year Results

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL”) announced today a long-term agreement with bpx energy (“bpx”), a subsidiary of BP P.L.C. (NYSE: BP), to provide water services and surface access across approximately 270,000 acres in Culberson, Loving, and Reeves Counties, Texas.

Texas Pacific Land Corporation and bpx energy Agree to Comprehensive Water and Surface Use Agreements

In this article, we assess a very unusual energy stock, a company with an asset-light royalty-based business model. The Texas Pacific Land Corporation owns close to 900 thousand acres of land in the Texas Permian, allowing it to benefit from every stage of the drilling process through royalties.

Texas Pacific Land Corporation: The Hidden Gem Of The Energy Industry?

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DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that on February 10, 2023, the Board of Directors declared a quarterly cash dividend of $3.25 per share, payable on March 15, 2023 to stockholders of record at the close of business on March 8, 2023.

Texas Pacific Land Corporation Announces Quarterly Dividend

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SAN ANTONIO, Texas--( BUSINESS WIRE )--Ozona CCS, LLC (“Ozona” or “the Company”) of San Antonio, Texas has reached a definitive agreement with Texas Pacific Land Corporation (NYSE: TPL) ("TPL") to lease approximately 5,173 contiguous acres of land for the purpose of drilling one of the first commercial carbon dioxide (CO2) sequestration wells in the Permian Basin.

Ozona Reaches Agreement to Lease Pore Space for Cost Effective Long-Term Sequestration of Carbon Dioxide

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 2022 financial results after the market closes on Wednesday, February 22, 2023. A conference call will be held on Thursday, February 23, 2023 at 7:30 a.m. Central Time.

Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call

DALLAS--( BUSINESS WIRE )--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that it intends to further adjourn its 2022 annual meeting of stockholders (as further adjourned, the “2022 Annual Meeting”). The 2022 Annual Meeting, which had originally been adjourned to February 14, 2023, will be further adjourned to May 18, 2023 at 10:30 am Central Time at the Company's offices located at 1700 Pacific Avenue, Suite 2900, Dallas, Texas.

Texas Pacific Land Corporation to Further Adjourn 2022 Annual Meeting of Stockholders

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Texas Pacific Land Corporation (NYSE:TPL ) Q3 2022 Earnings Conference Call November 3, 2022 8:30 AM ET Company Participants Shawn Amini - VP, Finance and IR Ty Glover - CEO Chris Steddum - CFO Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Good morning, and welcome to Texas Pacific Land Corporation's Third Quarter 2022 Earnings Conference Call. This conference call is being recorded.

Texas Pacific Land Corporation (TPL) Q3 2022 Earnings Call Transcript

Texas Pacific (TPL) delivered earnings and revenue surprises of 16.97% and 8.79%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Texas Pacific (TPL) Beats Q3 Earnings and Revenue Estimates

News for Texas Pacific Land Trust Stock (TPL)