About Texas Pacific Land Trust (NYSE:TPL)
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 royalties interests; enters into easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; sells water and land; and leases land. As of December 31, 2017, it owned the surface estate in 887,698 acres of land comprising various separate tracts located in 18 counties in the western part of Texas; and grazing leases covering approximately 862,800 acres of the Trust's land. The company also owns a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land, as well as a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas. 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
SymbolNYSE:TPL
CUSIPN/A
Phone214-969-5530
Debt
Debt-to-Equity RatioN/A
Current Ratio20.40
Quick Ratio20.40
Price-To-Earnings
Trailing P/E Ratio48.81
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$132.41 million
Price / Sales40.30
Cash Flow$10.3621 per share
Price / Cash65.94
Book Value$14.16 per share
Price / Book48.25
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$76.36 million
Net Margins78.14%
Return on Equity143.43%
Return on Assets96.46%
Miscellaneous
Employees32
Outstanding Shares7,810,000
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 declared an annual dividend on Thursday, February 22nd. Investors of record on Friday, March 9th will be given a dividend of $1.05 per share on Friday, March 16th. This represents a dividend yield of 0.21%. The ex-dividend date is Thursday, March 8th. This is an increase from Texas Pacific Land Trust's previous annual dividend of $0.35. 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, April, 30th. The financial services provider reported $5.60 EPS for the quarter. The financial services provider earned $26.55 million during the quarter. Texas Pacific Land Trust had a net margin of 78.14% and a return on equity of 143.43%. View Texas Pacific Land Trust's Earnings History.
When is Texas Pacific Land Trust's next earnings date?
Who are some of Texas Pacific Land Trust's key competitors?
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 33)
- Mr. Robert J. Packer, Gen. Agent, CFO & Principal Accounting Officer (Age 49)
Has Texas Pacific Land Trust been receiving favorable news coverage?
Media coverage about TPL stock has trended somewhat positive this week, Accern Sentiment reports. Accern identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Texas Pacific Land Trust earned a media sentiment score of 0.06 on Accern's scale. They also assigned headlines about the financial services provider an impact score of 47.11 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
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 UBS Group AG (2.38%), Hodges Capital Management Inc. (1.67%), First Dallas Securities Inc. (0.40%), Wells Fargo & Company MN (0.35%), California Public Employees Retirement System (0.25%) and US Bancorp DE (0.22%). 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 UBS Group AG, Hodges Capital Management Inc., Bahl & Gaynor Inc., US Bancorp DE, California Public Employees Retirement System, Teacher Retirement System of Texas, Pinnacle Associates Ltd. and Pecaut & CO.. View Insider Buying and Selling for Texas Pacific Land Trust.
Which major investors are buying Texas Pacific Land Trust stock?
TPL stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Millennium Management LLC, A.R.T. Advisors LLC, United Capital Financial Advisers LLC, LPL Financial LLC, Aperio Group LLC, Bbva Compass Bancshares Inc. and Cubist Systematic Strategies LLC. 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 $683.28.
How big of a company is Texas Pacific Land Trust?
Texas Pacific Land Trust has a market capitalization of $5.33 billion and generates $132.41 million in revenue each year. Texas Pacific Land Trust employs 32 workers across the globe.
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 (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.
Texas Pacific Land Trust (NYSE:TPL) Dividend Information
Texas Pacific Land Trust pays an annual dividend of $1.05 per share, with a dividend yield of 0.15%. TPL's most recent annual dividend payment was Friday, March 16. The company has grown its dividend for the last 6 consecutive years and is increasing its dividend by an average of 9.00% each year.
| Most Recent Dividend: | 3/16/2018 |
| Annual Dividend: | $1.05 |
| Dividend Yield: | 0.15% |
| Dividend Growth: | 9.00% (3 Year Average) |
| Payout Ratio(s): | 10.13% (Based on Cash Flow)
N/A |
| Track Record: | 6 Years of Consecutive Dividend Growth |
Texas Pacific Land Trust (NYSE:TPL) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2018 | annual | $1.05 | 0.21% | 3/8/2018 | 3/9/2018 | 3/16/2018 |
| 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)
Texas Pacific Land Trust (NYSE:TPL) SEC Filings
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