Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various…
| Price | $356.75 |
|---|---|
| Market cap | $24.61B |
| Sector | Energy |
| Industry | Oil & Gas Exploration & Production |
| Exchange | NYSE |
| 52-week range | 269.23334-547.2 |
| Dividend (TTM) | $2.33 per share |
| Beta | 0.62 |
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