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
Stock Exchange NYSE
Industry Oil royalty traders
Sub-IndustryN/A
SectorFinance
SymbolNYSE:TPL
CUSIPN/A
Phone214-969-5530
Debt
Debt-to-Equity RatioN/A
Current Ratio12.68
Quick Ratio12.67
Price-To-Earnings
Trailing P/E Ratio43.26
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$132.41 million
Price / Sales46.47
Cash Flow$10.1685 per share
Price / Cash77.68
Book Value$10.10 per share
Price / Book78.21
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$76.36 million
Net Margins102.48%
Return on Equity141.91%
Return on Assets104.96%
Miscellaneous
Employees32
Outstanding Shares7,790,000
Market Cap$6.27 billion
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 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 of this dividend is Thursday, March 8th. This is a positive change 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) issued its quarterly earnings data on Monday, April, 30th. The financial services provider reported $5.60 EPS for the quarter. The financial services provider had revenue of $26.55 million for the quarter. Texas Pacific Land Trust had a return on equity of 141.91% and a net margin of 102.48%. 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?
News coverage about TPL stock has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Texas Pacific Land Trust earned a media and rumor sentiment score of 0.09 on Accern's scale. They also assigned news coverage about the financial services provider an impact score of 46.62 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Texas Pacific Land Trust.
Who are Texas Pacific Land Trust's major shareholders?
Texas Pacific Land Trust's stock is owned by a number of of institutional and retail investors. Top institutional investors include Hodges Capital Management Inc. (1.37%), Pacific Heights Asset Management LLC (1.22%), Lawson Kroeker Investment Management Inc. NE (0.66%), Bank of New York Mellon Corp (0.49%), First Dallas Securities Inc. (0.32%) and Wells Fargo & Company MN (0.28%). 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., Lawson Kroeker Investment Management Inc. NE, First Dallas Securities Inc., Wells Fargo & Company MN, Pacific Heights Asset Management LLC, California Public Employees Retirement System, Prescott Group Capital Management L.L.C. and Bank of America Corp DE. View Insider Buying and Selling for Texas Pacific Land Trust.
Which major investors are buying Texas Pacific Land Trust stock?
TPL stock was bought by a variety of institutional investors in the last quarter, including Steinberg Global Asset Management, Family Management Corp, White Elm Capital LLC, Renaissance Technologies LLC, Millennium Management LLC, Fiera Capital Corp, Creative Planning and Ironsides Asset Advisors 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 $789.89.
How big of a company is Texas Pacific Land Trust?
Texas Pacific Land Trust has a market capitalization of $6.27 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 (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.
