Texas Pacific Land Corporation

TPL is the ticker symbol for Texas Pacific Land Corporation, a company classified under the Oil & Gas Exploration & Production industry within the broader Energy sector.

Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.

Key metrics include a return on equity of 9.2%, a debt-to-equity ratio of 0.13.

The company reports trailing twelve-month revenue of $236.82M and net income of $142.90M.

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