Texas Pacific Land Corporation (TPL)

Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.

Industry: Oil Royalty Traders (SIC 6792)

Market region: US

Address: 2699 Howell Street, Suite 800, Dallas, TX, 75204

Market capitalization

22.88 billion USD (22,877,522,857 USD)

Listing date

06/01/1972

Weighted shares outstanding

68,974,683

Share class shares outstanding

68,974,683

https://www.texaspacific.com