Texas 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: $3.15 billion
- Outstanding Shares: 7,858,000
Average Prices:- 50 Day Moving Avg: $377.58
- 200 Day Moving Avg: $314.10
- 52 Week Range: $215.85 - $411.90
P/E:- Trailing P/E Ratio: 60.14
- P/E Growth: 0.00
Sales & Book Value:- Annual Revenue: $81.79 million
- Price / Sales: 38.56
- Book Value: $6.18 per share
- Price / Book: 64.94
Dividend:- Annual Dividend: $0.35
- Dividend Yield: 0.1%
Profitability:- EBIDTA: $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: 25,930 shs.
- Beta: 0.95
- 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 declared 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 yield of 0.12%. The ex-dividend date of this dividend is Tuesday, March 7th. This is a positive change 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 EPS for the quarter. The company had revenue of $27.36 million for the quarter. Texas Pacific Land Trust had a return on equity of 112.96% and a net margin of 73.06%. View Texas Pacific Land Trust's Earnings History.
When will Texas Pacific Land Trust make its next earnings announcement?
Who are some of Texas Pacific Land Trust's key competitors?
Some companies that are related to Texas Pacific Land Trust include Rice Energy (RICE), Newfield Exploration Company (NFX), RSP Permian (RSPP), Energen Corporation (EGN), Range Resources Corporation (RRC), Vermilion Energy (VET), Murphy Oil Corporation (MUR), WPX Energy (WPX), Chesapeake Energy Corporation (CHK), Black Stone Minerals, L.P. (BSM), Laredo Petroleum (LPI), Kosmos Energy (KOS), Southwestern Energy Company (SWN), Transportadora De Gas Sa Ord B (TGS), PDC Energy (PDCE), Matador Resources Company (MTDR), Gulfport Energy Corporation (GPOR) and Enerplus Corporation (ERF).
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 variety of of retail and institutional investors. Top institutional shareholders include
HORIZON KINETICS LLC
(12.00%), Hodges Capital Management Inc. (2.33%), First Manhattan Co. (2.02%), Pacific Heights Asset Management LLC (1.58%), Mad River Investors (0.56%) and Wells Fargo & Company MN (0.42%). View Institutional Ownership Trends for Texas Pacific Land Trust.
Who sold Texas Pacific Land Trust stock? Who is selling Texas Pacific Land Trust stock?
Texas Pacific Land Trust's stock was sold by a variety of institutional investors in the last quarter, including Hodges Capital Management Inc., Wells Fargo & Company MN, GSA Capital Partners LLP, Vanguard Group Inc., Swiss National Bank, Virtu KCG Holdings LLC, Bank of New York Mellon Corp and FMR LLC. View Insider Buying and Selling 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 bought by a variety of institutional investors in the last quarter, including Kennedy Capital Management Inc., Mad River Investors, Steinberg Global Asset Management, Cim LLC, Fernwood Investment Management LLC, Filament LLC, Raymond James Trust N.A. and Moors & Cabot Inc.. 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 $401.32.
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 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.
Consensus Ratings for Texas Pacific Land Trust (NYSE:TPL) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
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 History for Texas Pacific Land Trust (NYSE:TPL)Earnings History by Quarter for Texas Pacific Land Trust (NYSE TPL)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 10/25/2017 | | | | | | | N/A |  |
| 7/31/2017 | Q2 2017 | | $2.12 | | $27.36 million | View | N/A | |
| 4/27/2017 | Q1 2017 | | $1.88 | | $11.19 million | View | N/A | |
| 1/28/2016 | Q4 | | $1.10 | | $14.72 million | View | N/A | |
| 1/30/2014 | Q4 | | $0.88 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Texas Pacific Land Trust (NYSE:TPL)No earnings estimates for this company have been tracked by MarketBeat.com
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 History by Quarter for Texas Pacific Land Trust (NYSE TPL)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 2/22/2017 | annual | $0.35 | 0.12% | 3/7/2017 | 3/9/2017 | 3/16/2017 |
| 2/25/2016 | Annual | $0.31 | | 3/7/2016 | 3/9/2016 | 3/16/2016 |
| 2/25/2015 | annual | $0.29 | 0.21% | 3/5/2015 | 3/9/2015 | 3/16/2015 |
| 2/21/2014 | annual | $0.27 | 0.2% | 3/4/2014 | 3/6/2014 | 3/14/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Texas Pacific Land Trust (NYSE:TPL)Insider Ownership Percentage: 0.92%
Institutional Ownership Percentage: 39.46%
Insider Trades by Quarter for Texas Pacific Land Trust (NYSE:TPL)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/3/2017 | Robert J Packer | CFO | Buy | 100 | $293.76 | $29,376.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Texas Pacific Land Trust (NYSE:TPL)
Latest Headlines for Texas Pacific Land Trust (NYSE:TPL)
| Source: |
|
| Date | Headline |
|---|
 | BRIEF-Texas Pacific Land Trust announces arbitration settlement with Chevron U.S.A
www.reuters.com - September 16 at 9:43 AM |
 | Texas Pacific Land Trust Announces Arbitration Settlement with Chevron U.S.A., Inc.
finance.yahoo.com - September 15 at 10:07 AM |
 | Texas Pacific Land Trust (TPL) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - August 28 at 8:08 PM |
| Texas Pacific Land Trust (TPL) Rating Increased to Strong-Buy at BidaskClub
www.americanbankingnews.com - August 20 at 9:56 AM |
| Comparing FX Energy (FXEN) and Texas Pacific Land Trust (TPL)
www.americanbankingnews.com - August 19 at 12:30 PM |
| Texas Pacific Land Trust (TPL) Given Consensus Rating of "" by Brokerages
www.americanbankingnews.com - August 18 at 8:36 PM |
| Texas Pacific Land Trust :TPL-US: Earnings Analysis: Q2, 2017 By the Numbers : August 9, 2017
finance.yahoo.com - August 10 at 8:55 AM |
| Texas Pacific Land Trust (TPL) Issues Quarterly Earnings Results
www.americanbankingnews.com - August 1 at 12:46 PM |
| BRIEF-Texas Pacific Land Trust Q2 revenue $27.4 million
www.reuters.com - August 1 at 7:02 AM |
| Texas Pacific Land Trust Announces Second Quarter 2017 Financial Results
finance.yahoo.com - August 1 at 7:02 AM |
| Texas Pacific posts 2Q profit
finance.yahoo.com - August 1 at 7:02 AM |
| Texas Pacific Land Trust (TPL) to Release Quarterly Earnings on Wednesday
www.americanbankingnews.com - July 22 at 11:26 AM |
| Texas Pacific Land Trust (TPL) Upgraded by BidaskClub to "Hold"
www.americanbankingnews.com - July 13 at 10:56 PM |
| Texas Pacific Land Trust breached its 50 day moving average in a Bearish Manner : TPL-US : July 6, 2017
finance.yahoo.com - July 6 at 1:54 PM |
| Texas Pacific Land Trust breached its 50 day moving average in a Bullish Manner : TPL-US : June 26, 2017
finance.yahoo.com - June 27 at 9:15 AM |
| Texas Pacific Land Trust (TPL) Upgraded to Sell at BidaskClub
www.americanbankingnews.com - June 14 at 4:12 PM |
| Texas Pacific Land Trust breached its 50 day moving average in a Bullish Manner : TPL-US : June 14, 2017
finance.yahoo.com - June 14 at 9:44 AM |
| Texas Pacific Land Trust Announces Formation of Water Resources Company
finance.yahoo.com - June 8 at 8:59 PM |
| ETFs with exposure to Texas Pacific Land Trust : June 2, 2017
finance.yahoo.com - June 2 at 3:31 PM |
| ETFs with exposure to Texas Pacific Land Trust : May 22, 2017
finance.yahoo.com - May 22 at 7:16 PM |
| Texas Pacific Land Trust :TPL-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 1:17 PM |
| Texas Pacific Land Trust :TPL-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017
finance.yahoo.com - May 19 at 1:17 PM |
| Texas Pacific Land Trust breached its 50 day moving average in a Bearish Manner : TPL-US : May 18, 2017
finance.yahoo.com - May 18 at 12:38 PM |
| BRIEF-Texas Pacific Land Trust reports Q1 revenue $24.2 million
www.reuters.com - April 28 at 10:58 PM |
| Texas Pacific Land Trust (TPL) Releases Earnings Results
www.americanbankingnews.com - April 28 at 9:06 PM |
| Texas Pacific Land Trust (TPL) Announces Quarterly Earnings Results
www.americanbankingnews.com - April 28 at 7:42 PM |
| Positive Press Coverage Extremely Likely to Impact Texas Pacific Land Trust (TPL) Stock Price
www.americanbankingnews.com - April 28 at 1:16 PM |
| Texas Pacific Land Trust Announces First Quarter 2017 Financial Results
finance.yahoo.com - April 27 at 9:52 PM |
 | Texas Pacific posts 1Q profit
marketbeat.com - April 27 at 6:47 PM |
| ETFs with exposure to Texas Pacific Land Trust : April 24, 2017
finance.yahoo.com - April 24 at 6:40 PM |
| Texas Pacific Land Trust breached its 50 day moving average in a Bullish Manner : TPL-US : April 24, 2017
finance.yahoo.com - April 24 at 10:07 AM |
| ETFs with exposure to Texas Pacific Land Trust : April 11, 2017
finance.yahoo.com - April 11 at 8:06 PM |
 | In Search Of A Price Target For Texas Pacific Land Trust
seekingalpha.com - March 22 at 8:15 PM |
| TEXAS PACIFIC LAND TRUST Files SEC form 10-K, Annual Report
biz.yahoo.com - February 28 at 7:54 PM |
| Texas Pacific Land Trust declares $0.35 dividend
seekingalpha.com - February 22 at 10:26 AM |
| Texas Pacific Land Trust Announces Annual Dividend
finance.yahoo.com - February 21 at 4:38 PM |
 | Texas Pacific Land Trust Fourth Quarter Earnings Release (Unaudited)
us.rd.yahoo.com - February 1 at 6:59 AM |
| TEXAS PACIFIC LAND TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Submission of Matters to a Vo
biz.yahoo.com - January 19 at 5:29 AM |
| TEXAS PACIFIC LAND TRUST Files SEC form 8-K, Other Events
biz.yahoo.com - November 10 at 7:58 PM |
 | Form 8-K TEXAS PACIFIC LAND TRUST For: Nov 04
www.streetinsider.com - November 8 at 7:53 PM |
| TEXAS PACIFIC LAND TRUST Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - November 7 at 12:08 PM |
| TEXAS PACIFIC LAND TRUST Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - November 3 at 7:58 PM |
| Texas Pacific Land Trust Third Quarter Earnings Release (Unaudited)
finance.yahoo.com - October 27 at 7:56 PM |
| TEXAS PACIFIC LAND TRUST Files SEC form 8-K, Change in Directors or Principal Officers, Other Events
biz.yahoo.com - October 27 at 7:56 PM |
| The 2 'Smart' Ways To Profit From The Permian Oil And Gas Rush
seekingalpha.com - September 9 at 7:20 PM |
| 2 Smart Ways to Profit From Oil and Gas Rush
finance.yahoo.com - September 9 at 7:20 PM |
| TEXAS PACIFIC LAND TRUST Financials
finance.yahoo.com - August 12 at 8:00 PM |
| Form 10-Q TEXAS PACIFIC LAND TRUST For: Jun 30
www.streetinsider.com - August 4 at 8:21 PM |
| Texas Pacific Land Trust, A Good Value
seekingalpha.com - August 4 at 8:21 PM |
 | Relative Strength Alert For Texas Pacific Land Trust
www.nasdaq.com - August 3 at 8:12 PM |
Texas Pacific Land Trust (TPL) Chart for Wednesday, September, 20, 2017
