NYSE:TPL - Texas Pacific Land Trust Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$730.00 -17.00 (-2.28 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$730.00
Today's Range$722.3085 - $757.7626
52-Week Range$409.00 - $877.97
Volume7,077 shs
Average Volume13,261 shs
Market Capitalization$5.66 billion
P/E Ratio27.76
Dividend Yield0.23%
Beta1.32
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.

Receive TPL News and Ratings via Email

Sign-up to receive the latest news and ratings for TPL and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry Oil royalty traders
Sub-IndustryN/A
SectorFinance
CUSIPN/A
Phone214-969-5530

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$300.20 million
Cash Flow$26.6910 per share
Book Value$31.47 per share

Profitability

Net Income$209.74 million

Miscellaneous

EmployeesN/A
Market Cap$5.66 billion
Next Earnings Date4/29/2019 (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 declared 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) released its quarterly earnings data on Thursday, January, 31st. The financial services provider reported $8.06 earnings per share for the quarter. The financial services provider earned $93.20 million during the quarter. Texas Pacific Land Trust had a net margin of 115.70% and a return on equity of 119.34%. View Texas Pacific Land Trust's Earnings History.

When is Texas Pacific Land Trust's next earnings date?

Texas Pacific Land Trust is scheduled to release their next quarterly earnings announcement on Monday, April 29th 2019. View Earnings Estimates for Texas Pacific Land Trust.

Has Texas Pacific Land Trust been receiving favorable news coverage?

News headlines about TPL stock have been trending neutral this week, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Texas Pacific Land Trust earned a media sentiment score of 0.2 on InfoTrie's scale. They also gave news articles about the financial services provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the next several days.

Who are some of Texas Pacific Land Trust's key competitors?

What other stocks do shareholders of Texas Pacific Land Trust own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land Trust investors own include Adobe (ADBE), NVIDIA (NVDA), Adverum Biotechnologies (ADVM), Intuitive Surgical (ISRG), Align Technology (ALGN), Mastercard (MA), Visa (V), Celgene (CELG), Micron Technology (MU) and Netflix (NFLX).

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%), Hodges Capital Management Inc. (1.28%), Mad River Investors (0.74%), Lawson Kroeker Investment Management Inc. NE (0.63%), Bank of New York Mellon Corp (0.51%) and Polar Capital LLP (0.48%). Company insiders that own Texas Pacific Land Trust stock include David E Barry, Horizon Kinetics Llc, Maurice Meyer III and Robert J Packer. View Institutional Ownership Trends for Texas Pacific Land Trust.

Which institutional 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., First Manhattan Co., BlackRock Inc., California Public Employees Retirement System, Tower Bridge Advisors, Raymond James Trust N.A., Lawson Kroeker Investment Management Inc. NE and Stifel Financial Corp. View Insider Buying and Selling for Texas Pacific Land Trust.

Which institutional investors are buying Texas Pacific Land Trust stock?

TPL stock was bought by a variety of institutional investors in the last quarter, including Polar Capital LLP, Millennium Management LLC, FMR LLC, Mackenzie Financial Corp, Bank of New York Mellon Corp, Fiera Capital Corp, Bank of America Corp DE and Edge Capital Group LLC. Company insiders that have bought Texas Pacific Land Trust stock in the last two years include David E Barry, Horizon Kinetics Llc 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 $730.00.

How big of a company is Texas Pacific Land Trust?

Texas Pacific Land Trust has a market capitalization of $5.66 billion and generates $300.20 million in revenue each year.

What is Texas Pacific Land Trust's official website?

The official website for Texas Pacific Land Trust is http://www.tpltrust.com.

How can I contact Texas Pacific Land Trust?

Texas Pacific Land Trust's mailing address is 1700 PACIFIC AVE STE 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)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  166 (Vote Outperform)
Underperform Votes:  130 (Vote Underperform)
Total Votes:  296
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.
This page was last updated on 3/23/2019 by MarketBeat.com Staff

Featured Article: Why do commodities matter?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel