Texas Pacific Land Trust holds title to tracts of land in the state of Texas. The company operates through two segments, Land and Resource Management, and Water Service and Operations. It sells, leases, and manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust. The company has oil, gas, and water royalty interests; enter into easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; leases land; and sells water and land. As of December 31, 2018, it owned the surface estate in approximately 902,177 acres of land comprising various separate tracts located in 19 counties in the western part of Texas. The company also owns a 1/128 nonparticipating perpetual oil and gas royalty interest under 84,934 acres of land, as well as a 1/16 nonparticipating perpetual oil and gas royalty interest under 370,737 acres of land in the western part of Texas; and oil and gas royalty interests in approximately 1,826 net royalty acres. Texas Pacific Land Trust was founded in 1888 and is headquartered in Dallas, Texas.
Industry, Sector and Symbol
Industry Oil royalty traders
Sub-IndustryN/A
SectorFinance
Phone214-969-5530
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$300.20 million
Profitability
Miscellaneous
Employees64
Next Earnings Date7/30/2019 (Estimated)
OptionableNot Optionable
Texas Pacific Land Trust (NYSE:TPL) Frequently Asked Questions
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 Tuesday, February 26th. Shareholders of record on Friday, March 8th will be given a dividend of $1.75 per share on Friday, March 15th. This represents a yield of 0.23%. The ex-dividend date is Thursday, March 7th. This is a boost from Texas Pacific Land Trust's previous annual dividend of $1.05. 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 Thursday, April, 25th. The financial services provider reported $18.04 EPS for the quarter. The financial services provider had revenue of $33.21 million for the quarter. Texas Pacific Land Trust had a net margin of 162.78% and a return on equity of 132.12%. View Texas Pacific Land Trust's Earnings History.
When is Texas Pacific Land Trust's next earnings date?
Has Texas Pacific Land Trust been receiving favorable news coverage?
News headlines about TPL stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Texas Pacific Land Trust earned a media sentiment score of -1.3 on InfoTrie's scale. They also assigned news coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are some of Texas Pacific Land Trust's key competitors?
What other stocks do shareholders of Texas Pacific Land Trust own?
Who are Texas Pacific Land Trust's key executives?
Texas Pacific Land Trust's management team includes the folowing people:
- Mr. Tyler Glover, Gen. Agent, CEO & Sec. (Age 34)
- Mr. Robert J. Packer, Gen. Agent, CFO & Principal Accounting Officer (Age 50)
Who are Texas Pacific Land Trust's major shareholders?
Texas Pacific Land Trust's stock is owned by a variety of of retail and institutional investors. Top institutional investors include First Manhattan Co. (2.00%), Pacific Heights Asset Management LLC (1.00%), Hodges Capital Management Inc. (0.98%), FIL Ltd (0.87%), Mad River Investors (0.74%) and Lawson Kroeker Investment Management Inc. NE (0.60%). Company insiders that own Texas Pacific Land Trust stock include David E Barry, Horizon Kinetics Llc, Kinetics Asset Managem Horizon, Maurice Meyer III and Robert J Packer. View Institutional Ownership Trends for Texas Pacific Land Trust.
Which major investors are selling Texas Pacific Land Trust stock?
TPL stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Morgan Stanley, Man Group plc, JPMorgan Chase & Co., Pacific Heights Asset Management LLC, Lawson Kroeker Investment Management Inc. NE, Raymond James Financial Services Advisors Inc. and California Public Employees Retirement System. View Insider Buying and Selling for Texas Pacific Land Trust.
Which major investors are buying Texas Pacific Land Trust stock?
TPL stock was acquired by a variety of institutional investors in the last quarter, including FIL Ltd, Moors & Cabot Inc., FMR LLC, Nordea Investment Management AB, PNC Financial Services Group Inc., Advisor Partners LLC, Roof Eidam & Maycock ADV and Mercer Global Advisors Inc. ADV. Company insiders that have bought Texas Pacific Land Trust stock in the last two years include David E Barry, Horizon Kinetics Llc, Kinetics Asset Managem Horizon and Robert J Packer. View Insider Buying and Selling for Texas Pacific Land Trust.
How do I buy shares of Texas Pacific Land Trust?
Shares of TPL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market 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 TPL stock can currently be purchased for approximately $845.51.
How big of a company is Texas Pacific Land Trust?
Texas Pacific Land Trust has a market capitalization of $6.56 billion and generates $300.20 million in revenue each year. Texas Pacific Land Trust employs 64 workers across the globe.
What is Texas Pacific Land Trust's official website?
How can I contact Texas Pacific Land Trust?
Texas Pacific Land Trust's mailing address is 1700 PACIFIC AVENUE SUITE 2770, DALLAS TX, 75201. The financial services provider can be reached via phone at 214-969-5530.
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 TPL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe TPL will underperform the S&P 500 over the long term. You may vote once every thirty days.
