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Texas Pacific Land Trust (TPL)

Stock Price: $588.20 USD -10.80 (-1.80%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed

Stock Price Chart

Key Info

Market Cap 4.56B
Revenue (ttm) 362.65M
Net Income (ttm) 214.13M
Shares Out 7.76M
EPS (ttm) 27.61
PE Ratio 21.30
Forward PE n/a
Dividend $10.00
Dividend Yield 1.70%

Stock Quote

Trading Day Aug 11, 2020
Last Price $588.20
Previous Close $599.00
Change ($) -10.80
Change (%) -1.80%
Day's Open 607.00
Day's Range 580.02 - 610.00
Day's Volume 13,031
52-Week Range 295.05 - 838.50

More Stats

Market Cap 4.56B
Enterprise Value 4.31B
Earnings Date (est) Oct 29, 2020
Ex-Dividend Date n/a
Shares Outstanding 7.76M
Float 7.72M
EPS (basic) 27.61
EPS (diluted) 27.61
FCF / Share 26.93
Dividend $10.00
Dividend Yield 1.70%
Earnings Yield 4.69%
FCF Yield 4.58%
Payout Ratio n/a
Shares Short 134,007
Short Ratio 6.43
Short % of Float 2.29%
Beta 1.93
PE Ratio 21.30
Forward PE n/a
P/FCF Ratio 21.84
PS Ratio 12.58
PB Ratio 10.05
Revenue 362.65M
Operating Income 267.25M
Net Income 214.13M
Free Cash Flow 208.89M
Net Cash 255.22M
Net Cash / Share 32.91
Gross Margin 129.40%
Operating Margin 73.69%
Profit Margin 59.00%
FCF Margin 57.60%
ROA 32.86%
ROE 50.01%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (1)

Buy 1
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$679.00*
Low
679
Current: $588.20
High
679
Target: 679.00
*Average 12-month price target from 1 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue49030015566.1179.4255.2044.1132.5934.3020.07
Revenue Growth63.38%94.15%133.91%-16.76%43.86%25.15%35.36%-4.99%70.94%-
Gross Profit43527115064.6676.7452.5941.5030.5432.3418.29
Operating Income40026114562.9175.2651.4240.1329.3030.7416.40
Net Income31921097.2342.2850.0434.7727.2219.6520.5911.31
Shares Outstanding7.767.797.857.998.208.388.558.909.299.63
Earnings Per Share41.0926.9312.385.296.104.143.162.202.211.17
EPS Growth52.58%117.53%134.03%-13.28%47.34%31.01%43.64%-0.45%88.89%-
Dividend Per Share6.004.051.350.310.290.270.270.480.500.20
Dividend Growth48.15%200%335.48%6.9%7.41%0%-43.75%-4%150%-
Operating Cash Flow34319593.8340.9649.5738.8530.0719.9123.9311.70
Capital Expenditures-107-57.23-18.72-0.96-0.20-0.03-0.03-0.04-0.02-0.02
Free Cash Flow23613875.1140.0049.3738.8230.0319.8723.9111.68
Cash & Equivalents30412079.5849.4245.0126.8113.248.4213.037.15
Total Debt3.37---------
Net Cash / Debt30012079.5849.4245.0126.8113.248.4213.037.15
Assets59828512062.4550.4433.1022.3621.1927.4324.99
Liabilities86.0440.3814.9414.834.756.384.435.596.896.69
Book Value51224510547.6245.6926.7217.9315.6020.5518.30
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Texas Pacific Land Trust
Country United States
Employees 101
CEO Tyler Glover

Stock Information

Ticker Symbol TPL
Stock Exchange New York Stock Exchange
Sector Financial
Industry Real Estate Development
Unique Identifier NYSE: TPL

Description

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. The Land and Resource Management segment manages various land and related resources in West Texas. This segment has oil and gas royalty interests; enter into easement contracts covering activities, such as oil and gas pipelines and subsurface wellbore easements; and leases land. As of December 31, 2019, it owned the surface estate in approximately 901,787 acres of land comprising various separate tracts located in 19 counties in the western part of Texas. This segment also owns a 1/128th nonparticipating perpetual oil and gas royalty interest under 84,934 acres of land, as well as a 1/16th 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 3,074 net royalty acres. The Water Service and Operations segment offers water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services. Texas Pacific Land Trust was founded in 1888 and is headquartered in Dallas, Texas.