Trading Options with an Edge
Select Page

TPL

Search by
TICKER SYMBOL

Texas Pacific Land Corporation

Sector: Mining, Quarrying, and Oil and Gas Extraction
Industry: Crude Petroleum and Natural Gas Extraction

1277.96

-22.44

(-1.726%)

Volume:

7,184

52 week range:

781.71 - 1770.67

Market Cap:

9.907B

Company Description:

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas. The Corporation is not an oil and gas producer, but its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on the land. The Corporation also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities.