Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds oil and gas royalty interests; easements and commercial leases comprising easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; and agreements with operators and midstream companies to lease its land, primarily for facilities and roads. In addition, this segment is involved in material sales, including caliche. The company's Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also engages in the recycled water operations; and holds royalties for water sourced from its land. The company was founded in 1888 and is headquartered in Dallas, Texas.
IPO Year:
Exchange: NYSE
Website: texaspacific.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/29/2021 | $800.00 | Underperform | Credit Suisse |
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
Earnings Call to be Held Thursday, May 8, 2025 at 9:30 am CT Texas Pacific Land Corporation (NYSE:TPL) (the "Company," "TPL," "we," "our" or "us"), one of the largest landowners in the State of Texas with surface and royalty ownership that provide revenue opportunities through the support of energy production, today announced its financial and operating results for the first quarter of 2025. First Quarter 2025 Highlights Oil and gas royalty production of 31.1 thousand barrels of oil equivalent ("Boe") per day, a Company record As of March 31, 2025, TPL's royalty acreage had an estimated 5.9 net well permits, 12.9 net drilled but uncompleted wells ("DUCs"), and 5.4 net completed but no
Texas Pacific Land Corporation (NYSE:TPL) (the "Company") announced today that the Company will release first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. A conference call will be held on Thursday, May 8, 2025 at 10:30 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 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start time: Domestic: 1-877-407-401
– Achieved Record Annual Performance From Water Segment – Earnings Call to be Held Thursday, February 20, 2025 at 7:30 am CT Texas Pacific Land Corporation (NYSE:TPL) (the "Company," "TPL," "we," "our" or "us"), one of the largest landowners in the State of Texas with surface and royalty ownership that provide revenue opportunities through the support of energy production and extraction, today announced its financial and operating results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Highlights Acquired mineral interests across 7,490 net royalty acres located primarily in the Midland Basin for a purchase price of $275.2 million, net of post-close adjustments, in an
Texas Pacific Land Corporation (NYSE:TPL) (the "Company") announced today that the Company will release fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 19, 2025. A conference call will be held on Thursday, February 20, 2025 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 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r
Earnings Call to be held 7:30 am CT on Thursday, November 7, 2024 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 in the core of the Midland Basin for a purchase price of $45.0 million, in an all-cash transaction Royalty production of 28.3 thousand barrels of oil
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 least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start time: Domestic: 1-8
Acquisition of High-Quality Acreage in Core Regions of the Permian to Generate Accretive Growth 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002719080/en/Asset Map (Graphic: Business Wire) 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 existi
Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827099522/en/Delaware Basin mineral interests (Graphic: Business Wire) 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
Earnings Call to be held 7:30 am CT on Thursday, August 8, 2024 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 equivalents balance of approximately $700 million. Above this targeted level, TPL will seek to deploy the majority of its free cash flow toward
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
4 - Texas Pacific Land Corp (0001811074) (Issuer)
10-Q - Texas Pacific Land Corp (0001811074) (Filer)
8-K - Texas Pacific Land Corp (0001811074) (Filer)
144 - Texas Pacific Land Corp (0001811074) (Subject)
10-K - Texas Pacific Land Corp (0001811074) (Filer)
8-K - Texas Pacific Land Corp (0001811074) (Filer)
SCHEDULE 13G - Texas Pacific Land Corp (0001811074) (Subject)
SCHEDULE 13D/A - Texas Pacific Land Corp (0001811074) (Subject)
8-K - Texas Pacific Land Corp (0001811074) (Filer)
10-Q - Texas Pacific Land Corp (0001811074) (Filer)
8-K - Texas Pacific Land Corp (0001811074) (Filer)
Credit Suisse initiated coverage of Texas Pacific Land with a rating of Underperform and set a new price target of $800.00
BWS Financial reiterated coverage of Texas Pacific Land with a rating of Buy and set a new price target of $2,000.00 from $1,700.00 previously
Stifel downgraded Texas Pacific Land from Buy to Hold and set a new price target of $1,359.00
BWS Financial reiterated coverage of Texas Pacific Land with a rating of Buy and set a new price target of $1,700.00 from $1,150.00 previously
BWS Financial reiterated coverage of Texas Pacific Land with a rating of Buy and set a new price target of $1,700.00 from $1,150.00 previously
SC 13G/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13D/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13G/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13D/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13D/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13G - Texas Pacific Land Corp (0001811074) (Subject)
SC 13D - Texas Pacific Land Corp (0001811074) (Subject)
SC 13D/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13D/A - Texas Pacific Land Corp (0001811074) (Subject)
SC 13G - Texas Pacific Land Corp (0001811074) (Subject)
Earnings Call to be Held Thursday, May 8, 2025 at 9:30 am CT Texas Pacific Land Corporation (NYSE:TPL) (the "Company," "TPL," "we," "our" or "us"), one of the largest landowners in the State of Texas with surface and royalty ownership that provide revenue opportunities through the support of energy production, today announced its financial and operating results for the first quarter of 2025. First Quarter 2025 Highlights Oil and gas royalty production of 31.1 thousand barrels of oil equivalent ("Boe") per day, a Company record As of March 31, 2025, TPL's royalty acreage had an estimated 5.9 net well permits, 12.9 net drilled but uncompleted wells ("DUCs"), and 5.4 net completed but no
Texas Pacific Land Corporation (NYSE:TPL) (the "Company") announced today that the Company will release first quarter 2025 financial results after the market closes on Wednesday, May 7, 2025. A conference call will be held on Thursday, May 8, 2025 at 10:30 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 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start time: Domestic: 1-877-407-401
– Achieved Record Annual Performance From Water Segment – Earnings Call to be Held Thursday, February 20, 2025 at 7:30 am CT Texas Pacific Land Corporation (NYSE:TPL) (the "Company," "TPL," "we," "our" or "us"), one of the largest landowners in the State of Texas with surface and royalty ownership that provide revenue opportunities through the support of energy production and extraction, today announced its financial and operating results for the fourth quarter and full year of 2024. Fourth Quarter 2024 Highlights Acquired mineral interests across 7,490 net royalty acres located primarily in the Midland Basin for a purchase price of $275.2 million, net of post-close adjustments, in an
Texas Pacific Land Corporation (NYSE:TPL) (the "Company") announced today that the Company will release fourth quarter and full year 2024 financial results after the market closes on Wednesday, February 19, 2025. A conference call will be held on Thursday, February 20, 2025 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 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start
Earnings Call to be held 7:30 am CT on Thursday, November 7, 2024 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 in the core of the Midland Basin for a purchase price of $45.0 million, in an all-cash transaction Royalty production of 28.3 thousand barrels of oil
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 least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start time: Domestic: 1-8
Acquisition of High-Quality Acreage in Core Regions of the Permian to Generate Accretive Growth 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241002719080/en/Asset Map (Graphic: Business Wire) 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 existi
Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827099522/en/Delaware Basin mineral interests (Graphic: Business Wire) 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
Earnings Call to be held 7:30 am CT on Thursday, August 8, 2024 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 equivalents balance of approximately $700 million. Above this targeted level, TPL will seek to deploy the majority of its free cash flow toward
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 15 minutes prior to the scheduled start time in order to register and install any necessary audio software. To Participate in the Telephone Conference Call: Dial in at least 15 minutes prior to start time: Domestic: 1-8
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
Texas Pacific Land Corporation (NYSE:TPL) ("TPL" or the "Company") today announced the appointment of two new members to TPL's board of directors (the "Board") and provided an update on the evaluation of the declassification of the Board. Appointment of new Directors to the Board The Board has appointed Rhys J. Best and Karl F. Kurz as directors, effective April 15, 2022. In connection with these appointments, the Board increased its size to ten (10) directors. Each of Mr. Kurz, who will serve the remainder of the board term vacated by Dana McGinnis in March, and Mr. Best, who will stand for re-election at the 2022 annual meeting of stockholders, each will bring decades of corporate leade
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL Corporation”) announced today that the reorganization of Texas Pacific Land Trust (the “Trust”) has been completed. The Trust has transferred all of its assets, employees, liabilities and obligations to TPL Corporation and has distributed all of the shares of common stock, par value $0.01, of TPL Corporation (the “Common Stock”) to holders of sub-share certificates in certificates of proprietary interest of the Trust (“sub-share certificates”) on a pro-rata, one-for-one basis in accordance with their interests in the Trust. TPL Corporation is an independent public company that begins “regular way” trading on t