About Texas Pacific Land Trust (NYSE:TPL)
Texas Pacific Land Trust (the Trust) is engaged in managing land, including royalty interests, for the benefit of its owners. The Company operates through managing the land segment, which includes sales and leases of such land, and the retention of oil and gas royalties. The Trust derives revenue from all avenues of managing the land, such as oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. The Trust has a perpetual oil and gas royalty interest in 459,200 acres. As of December 31, 2016, the Trust owned the surface estate in approximately 887,553 acres of land, consisting of numerous separate tracts, located in 18 counties in the western part of Texas. As of December 31, 2016, the Trust also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Oil & Gas Exploration and Production
- Sub-Industry: N/A
- Symbol: NYSE:TPL
- CUSIP: N/A
- Web: www.tpltrust.com
Capitalization:- Market Cap: $3.22 billion
- Outstanding Shares: 7,858,000
Average Prices:- 50 Day Moving Avg: $402.17
- 200 Day Moving Avg: $334.96
- 52 Week Range: $249.00 - $434.99
P/E:- Trailing P/E Ratio: 63.05
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $81.79 million
- Price / Sales: 39.41
- Book Value: $6.18 per share
- Price / Book: 66.38
Dividend:- Annual Dividend: $0.35
- Dividend Yield: 0.1%
Profitability:- EBITDA: $76.13 million
- Net Margins: 73.06%
- Return on Equity: 112.96%
- Return on Assets: 77.50%
Debt:- Current Ratio: 59.03%
- Quick Ratio: 59.03%
Misc:- Average Volume: 22,218 shs.
- Beta: 0.98
- Short Ratio: 0.77
Frequently Asked Questions for Texas Pacific Land Trust (NYSE:TPL)
What is Texas Pacific Land Trust's stock symbol?
Texas Pacific Land Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPL."
How often does Texas Pacific Land Trust pay dividends? What is the dividend yield for Texas Pacific Land Trust?
Texas Pacific Land Trust announced an annual dividend on Wednesday, February 22nd. Investors of record on Thursday, March 9th will be paid a dividend of $0.35 per share on Thursday, March 16th. This represents a yield of 0.12%. The ex-dividend date of this dividend is Tuesday, March 7th. This is a positive change from Texas Pacific Land Trust's previous annual dividend of $0.31. View Texas Pacific Land Trust's Dividend History.
How were Texas Pacific Land Trust's earnings last quarter?
Texas Pacific Land Trust (NYSE:TPL) posted its earnings results on Monday, July, 31st. The company reported $2.12 earnings per share for the quarter. The company earned $27.36 million during the quarter. Texas Pacific Land Trust had a return on equity of 112.96% and a net margin of 73.06%. View Texas Pacific Land Trust's Earnings History.
When will Texas Pacific Land Trust make its next earnings announcement?
Who are some of Texas Pacific Land Trust's key competitors?
Some companies that are related to Texas Pacific Land Trust include Rice Energy (RICE), Antero Resources Corporation (AR), Newfield Exploration (NFX), RSP Permian (RSPP), Energen Corporation (EGN), Range Resources Corporation (RRC), Murphy Oil Corporation (MUR), WPX Energy (WPX), Vermilion Energy (VET), Chesapeake Energy Corporation (CHK), Transportadora De Gas Sa Ord B (TGS), PDC Energy (PDCE), Kosmos Energy (KOS), Laredo Petroleum (LPI), Matador Resources Company (MTDR), Southwestern Energy Company (SWN), Extraction Oil & Gas (XOG) and Gulfport Energy Corporation (GPOR).
Who are Texas Pacific Land Trust's key executives?
Texas Pacific Land Trust's management team includes the folowing people:
- Maurice III Meyer III, Independent Chairman of the Board of Trustees
- Tyler Glover, Chief Executive Officer, Secretary, Co-General Agent
- Robert J. Packer, Chief Financial Officer, Co-General Agent
- David E. Barry, Trustee
- John R. Norris III, Independent Trustee
Who owns Texas Pacific Land Trust stock?
Texas Pacific Land Trust's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include
HORIZON KINETICS LLC
(12.00%), Moloney Securities Asset Management LLC (0.01%) and Fisher Asset Management LLC (0.01%). View Institutional Ownership Trends for Texas Pacific Land Trust.
Who bought Texas Pacific Land Trust stock? Who is buying Texas Pacific Land Trust stock?
How do I buy Texas Pacific Land Trust stock?
Shares of Texas Pacific Land Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Texas Pacific Land Trust's stock price today?
One share of Texas Pacific Land Trust stock can currently be purchased for approximately $410.24.
MarketBeat Community Rating for Texas Pacific Land Trust (NYSE TPL)MarketBeat's community ratings are surveys of what our community members think about Texas Pacific Land Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Texas Pacific Land Trust (NYSE:TPL) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Consensus Price Target History for Texas Pacific Land Trust (NYSE:TPL)
Analysts' Ratings History for Texas Pacific Land Trust (NYSE:TPL)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Texas Pacific Land Trust (NYSE:TPL)Earnings History by Quarter for Texas Pacific Land Trust (NYSE TPL)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | | | | | | N/A |  |
| 7/31/2017 | Q2 2017 | | $2.12 | | $27.36 million | View | N/A | |
| 4/27/2017 | Q1 2017 | | $1.88 | | $11.19 million | View | N/A | |
| 1/28/2016 | Q4 | | $1.10 | | $14.72 million | View | N/A | |
| 1/30/2014 | Q4 | | $0.88 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Texas Pacific Land Trust (NYSE:TPL)No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Texas Pacific Land Trust (NYSE:TPL)| Most Recent Dividend: | 3/16/2017 |
| Annual Dividend: | $0.35 |
| Dividend Yield: | 0.09% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | 5.39% (Trailing 12 Months of Earnings)
|
| Track Record: | 5 Years of Consecutive Dividend Growth |
Dividend History by Quarter for Texas Pacific Land Trust (NYSE TPL)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2017 | annual | $0.35 | 0.12% | 3/7/2017 | 3/9/2017 | 3/16/2017 |
| 2/25/2016 | Annual | $0.31 | | 3/7/2016 | 3/9/2016 | 3/16/2016 |
| 2/25/2015 | annual | $0.29 | 0.21% | 3/5/2015 | 3/9/2015 | 3/16/2015 |
| 2/21/2014 | annual | $0.27 | 0.2% | 3/4/2014 | 3/6/2014 | 3/14/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Texas Pacific Land Trust (NYSE:TPL)Insider Ownership Percentage: 0.92%
Institutional Ownership Percentage: 39.44%
Insider Trades by Quarter for Texas Pacific Land Trust (NYSE:TPL)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/3/2017 | Robert J Packer | CFO | Buy | 100 | $293.76 | $29,376.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Texas Pacific Land Trust (NYSE:TPL)
Latest Headlines for Texas Pacific Land Trust (NYSE:TPL)
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Texas Pacific Land Trust (TPL) Chart for Saturday, October, 21, 2017
