Texas Pacific Land Trust Company Profile (NYSE:TPL)

About Texas Pacific Land Trust (NYSE:TPL)

Texas Pacific Land Trust logoTexas Pacific Land Trust (the Trust) is engaged in managing land, including royalty interests, for the benefit of its owners. The Company operates through managing the land segment, which includes sales and leases of such land, and the retention of oil and gas royalties. The Trust derives revenue from all avenues of managing the land, such as oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. The Trust has a perpetual oil and gas royalty interest in 459,200 acres. As of December 31, 2016, the Trust owned the surface estate in approximately 887,553 acres of land, consisting of numerous separate tracts, located in 18 counties in the western part of Texas. As of December 31, 2016, the Trust also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Oil & Gas Exploration and Production
  • Sub-Industry: N/A
  • Symbol: NYSE:TPL
  • CUSIP: N/A
  • Web: www.tpltrust.com
Capitalization:
  • Market Cap: $3.23999 billion
  • Outstanding Shares: 7,858,000
Average Prices:
  • 50 Day Moving Avg: $402.17
  • 200 Day Moving Avg: $334.96
  • 52 Week Range: $249.00 - $434.99
P/E:
  • Trailing P/E Ratio: 63.05
  • P/E Growth: 0.00
Sales & Book Value:
  • Annual Revenue: $81.79 million
  • Price / Sales: 39.41
  • Book Value: $6.18 per share
  • Price / Book: 66.38
Dividend:
  • Annual Dividend: $0.35
  • Dividend Yield: 0.1%
Profitability:
  • EBITDA: $76.13 million
  • Net Margins: 73.06%
  • Return on Equity: 112.96%
  • Return on Assets: 77.50%
Debt:
  • Current Ratio: 59.03%
  • Quick Ratio: 59.03%
Misc:
  • Average Volume: 22,218 shs.
  • Beta: 0.98
  • Short Ratio: 0.77
 

Frequently Asked Questions for Texas Pacific Land Trust (NYSE:TPL)

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 Wednesday, February 22nd. Investors of record on Thursday, March 9th will be paid a dividend of $0.35 per share on Thursday, March 16th. This represents a dividend yield of 0.12%. The ex-dividend date is Tuesday, March 7th. This is an increase from Texas Pacific Land Trust's previous annual dividend of $0.31. 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, July, 31st. The company reported $2.12 earnings per share (EPS) for the quarter. The firm earned $27.36 million during the quarter. Texas Pacific Land Trust had a net margin of 73.06% and a return on equity of 112.96%. View Texas Pacific Land Trust's Earnings History.

When will Texas Pacific Land Trust make its next earnings announcement?

Texas Pacific Land Trust is scheduled to release their next quarterly earnings announcement on Thursday, October, 26th 2017. View Earnings Estimates for Texas Pacific Land Trust.

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:

  • Maurice III Meyer III, Independent Chairman of the Board of Trustees
  • Tyler Glover, Chief Executive Officer, Secretary, Co-General Agent
  • Robert J. Packer, Chief Financial Officer, Co-General Agent
  • David E. Barry, Trustee
  • John R. Norris III, Independent Trustee

Who owns Texas Pacific Land Trust stock?

Texas Pacific Land Trust's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include HORIZON KINETICS LLC (12.00%), Moloney Securities Asset Management LLC (0.01%) and Fisher Asset Management LLC (0.01%). View Institutional Ownership Trends for Texas Pacific Land Trust.

Who bought Texas Pacific Land Trust stock? Who is buying Texas Pacific Land Trust stock?

Texas Pacific Land Trust's stock was acquired by a variety of institutional investors in the last quarter, including Moloney Securities Asset Management LLC and Fisher Asset Management LLC. View Insider Buying and Selling for Texas Pacific Land Trust.

How do I buy Texas Pacific Land Trust stock?

Shares of Texas Pacific Land Trust can be purchased through any online brokerage account. Popular online brokerages 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 Texas Pacific Land Trust stock can currently be purchased for approximately $410.24.


MarketBeat Community Rating for Texas Pacific Land Trust (NYSE TPL)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  37 (Vote Outperform)
Underperform Votes:  34 (Vote Underperform)
Total Votes:  71
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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Texas Pacific Land Trust (NYSE:TPL) (How are Consensus Ratings Calculated?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A
Consensus Price Target History for Texas Pacific Land Trust (NYSE:TPL)
Price Target History for Texas Pacific Land Trust (NYSE:TPL)
Analysts' Ratings History for Texas Pacific Land Trust (NYSE:TPL)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Texas Pacific Land Trust (NYSE:TPL)
Earnings by Quarter for Texas Pacific Land Trust (NYSE:TPL)
Earnings History by Quarter for Texas Pacific Land Trust (NYSE TPL)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/25/2017N/AView Earnings Details
7/31/2017Q2 2017$2.12$27.36 millionViewN/AView Earnings Details
4/27/2017Q1 2017$1.88$11.19 millionViewN/AView Earnings Details
1/28/2016Q4$1.10$14.72 millionViewN/AView Earnings Details
1/30/2014Q4$0.88ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Texas Pacific Land Trust (NYSE:TPL)

No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Texas Pacific Land Trust (NYSE:TPL)
Most Recent Dividend:3/16/2017
Annual Dividend:$0.35
Dividend Yield:0.09%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:5.39% (Trailing 12 Months of Earnings)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Texas Pacific Land Trust (NYSE:TPL)

Dividend History by Quarter for Texas Pacific Land Trust (NYSE TPL)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
2/22/2017annual$0.350.12%3/7/20173/9/20173/16/2017
2/25/2016Annual$0.313/7/20163/9/20163/16/2016
2/25/2015annual$0.290.21%3/5/20153/9/20153/16/2015
2/21/2014annual$0.270.2%3/4/20143/6/20143/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Texas Pacific Land Trust (NYSE:TPL)
Insider Ownership Percentage: 0.92%
Institutional Ownership Percentage: 39.44%
Insider Trades by Quarter for Texas Pacific Land Trust (NYSE:TPL)
Institutional Ownership by Quarter for Texas Pacific Land Trust (NYSE:TPL)
Insider Trades by Quarter for Texas Pacific Land Trust (NYSE:TPL)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/3/2017Robert J PackerCFOBuy100$293.76$29,376.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Texas Pacific Land Trust (NYSE:TPL)
Latest Headlines for Texas Pacific Land Trust (NYSE:TPL)
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Social

Chart

Texas Pacific Land Trust (TPL) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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