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

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$897.96 -0.35 (-0.04 %)
(As of 04/21/2019 02:31 PM ET)
Previous Close$897.96
Today's Range$894.00 - $903.42
52-Week Range$409.00 - $915.66
Volume19,832 shs
Average Volume16,903 shs
Market Capitalization$6.97 billion
P/E Ratio33.37
Dividend Yield0.19%
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 royalty interests; enter into easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; leases land; and sells water and land. As of December 31, 2018, it owned the surface estate in approximately 902,177 acres of land comprising various separate tracts located in 19 counties in the western part of Texas. The company also owns a 1/128 nonparticipating perpetual oil and gas royalty interest under 84,934 acres of land, as well as a 1/16 nonparticipating perpetual oil and gas royalty interest under 370,737 acres of land in the western part of Texas; and oil and gas royalty interests in approximately 1,826 net royalty acres. Texas Pacific Land Trust was founded in 1888 and is headquartered in Dallas, Texas.

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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$27.3102 per share
Book Value$31.47 per share

Profitability

Net Income$209.74 million

Miscellaneous

Employees64
Market Cap$6.97 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 paid 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) announced its earnings results on Thursday, January, 31st. The financial services provider reported $8.06 earnings per share (EPS) for the quarter. The financial services provider had revenue of $93.20 million for the quarter. Texas Pacific Land Trust had a return on equity of 119.34% and a net margin of 115.70%. 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?

Headlines about TPL stock have been trending neutral recently, InfoTrie Sentiment reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Texas Pacific Land Trust earned a media sentiment score of 0.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 1.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near term.

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), Intuitive Surgical (ISRG), NVIDIA (NVDA), Adverum Biotechnologies (ADVM), Celgene (CELG), Buckeye Partners (BPL), Align Technology (ALGN), Mastercard (MA), Paypal (PYPL) and Visa (V).

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. (0.98%), Santa Monica Partners LP (0.23%), Steinberg Global Asset Management (0.17%), We Are One Seven LLC (0.06%) and Deprince Race & Zollo Inc. (0.02%). 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 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., Deprince Race & Zollo Inc., Steinberg Global Asset Management, First Manhattan Co. and We Are One Seven LLC. 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 Mercer Global Advisors Inc. ADV, Evanson Asset Management LLC, Rothschild Investment Corp IL, Santa Monica Partners LP and Cordasco Financial Network. 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 $897.96.

How big of a company is Texas Pacific Land Trust?

Texas Pacific Land Trust has a market capitalization of $6.97 billion and generates $300.20 million in revenue each year. Texas Pacific Land Trust employs 64 workers across the globe.

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:  173 (Vote Outperform)
Underperform Votes:  135 (Vote Underperform)
Total Votes:  308
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 4/21/2019 by MarketBeat.com Staff

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