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
Current SymbolNYSE:TPL
Previous Symbol
CUSIPN/A
Phone214-969-5530
Debt
Debt-to-Equity RatioN/A
Current Ratio16.92
Quick Ratio16.92
Price-To-Earnings
Trailing P/E Ratio24.65
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$132.41 million
Price / Sales31.48
Cash Flow$10.3619 per share
Price / Cash Flow51.78
Book Value$10.10 per share
Price / Book53.12
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$76.36 million
Net Margins130.87%
Return on Equity126.45%
Return on Assets103.18%
Miscellaneous
Employees32
Outstanding Shares7,770,000
Market Cap$4.17 billion
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 Thursday, February 22nd. Stockholders 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) announced its earnings results on Wednesday, October, 31st. The financial services provider reported $6.52 EPS for the quarter. The financial services provider earned $31.25 million during the quarter. Texas Pacific Land Trust had a net margin of 130.87% and a return on equity of 126.45%. 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?
Media coverage about TPL stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring 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 1.0 on InfoTrie's scale. They also assigned media coverage about the financial services provider a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the company's share price in the next few days.
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)
Who are Texas Pacific Land Trust's major shareholders?
Texas Pacific Land Trust's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Hodges Capital Management Inc. (1.31%), Pacific Heights Asset Management LLC (1.03%), Mad River Investors (0.74%), Lawson Kroeker Investment Management Inc. NE (0.63%), FIL Ltd (0.49%) and Bank of New York Mellon Corp (0.48%). Company insiders that own Texas Pacific Land Trust stock include David E Barry, 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 Pacific Heights Asset Management LLC, Morgan Stanley, Renaissance Technologies LLC, Hodges Capital Management Inc., Lawson Kroeker Investment Management Inc. NE, US Bancorp DE, Beddow Capital Management Inc. and Bank of New York Mellon Corp. View Insider Buying and Selling for Texas Pacific Land Trust.
Which institutional 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, Eaton Vance Management, Marshall Wace North America L.P., We Are One Seven LLC, AMP Capital Investors Ltd, Ipswich Investment Management Co. Inc., Alliancebernstein L.P. and Russell Investments Group Ltd.. Company insiders that have bought Texas Pacific Land Trust stock in the last two years include David E Barry 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 $536.54.
How big of a company is Texas Pacific Land Trust?
Texas Pacific Land Trust has a market capitalization of $4.17 billion and generates $132.41 million in revenue each year. Texas Pacific Land Trust employs 32 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.
