Texas Pacific Land Trust (TPL)
Stock Price:
$588.20 USD
-10.80 (-1.80%)
Updated Aug 11, 2020 4:00 PM EDT - Market closed
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 |
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
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 490 | 300 | 155 | 66.11 | 79.42 | 55.20 | 44.11 | 32.59 | 34.30 | 20.07 |
| Revenue Growth | 63.38% | 94.15% | 133.91% | -16.76% | 43.86% | 25.15% | 35.36% | -4.99% | 70.94% | - |
| Gross Profit | 435 | 271 | 150 | 64.66 | 76.74 | 52.59 | 41.50 | 30.54 | 32.34 | 18.29 |
| Operating Income | 400 | 261 | 145 | 62.91 | 75.26 | 51.42 | 40.13 | 29.30 | 30.74 | 16.40 |
| Net Income | 319 | 210 | 97.23 | 42.28 | 50.04 | 34.77 | 27.22 | 19.65 | 20.59 | 11.31 |
| Shares Outstanding | 7.76 | 7.79 | 7.85 | 7.99 | 8.20 | 8.38 | 8.55 | 8.90 | 9.29 | 9.63 |
| Earnings Per Share | 41.09 | 26.93 | 12.38 | 5.29 | 6.10 | 4.14 | 3.16 | 2.20 | 2.21 | 1.17 |
| EPS Growth | 52.58% | 117.53% | 134.03% | -13.28% | 47.34% | 31.01% | 43.64% | -0.45% | 88.89% | - |
| Dividend Per Share | 6.00 | 4.05 | 1.35 | 0.31 | 0.29 | 0.27 | 0.27 | 0.48 | 0.50 | 0.20 |
| Dividend Growth | 48.15% | 200% | 335.48% | 6.9% | 7.41% | 0% | -43.75% | -4% | 150% | - |
| Operating Cash Flow | 343 | 195 | 93.83 | 40.96 | 49.57 | 38.85 | 30.07 | 19.91 | 23.93 | 11.70 |
| Capital Expenditures | -107 | -57.23 | -18.72 | -0.96 | -0.20 | -0.03 | -0.03 | -0.04 | -0.02 | -0.02 |
| Free Cash Flow | 236 | 138 | 75.11 | 40.00 | 49.37 | 38.82 | 30.03 | 19.87 | 23.91 | 11.68 |
| Cash & Equivalents | 304 | 120 | 79.58 | 49.42 | 45.01 | 26.81 | 13.24 | 8.42 | 13.03 | 7.15 |
| Total Debt | 3.37 | - | - | - | - | - | - | - | - | - |
| Net Cash / Debt | 300 | 120 | 79.58 | 49.42 | 45.01 | 26.81 | 13.24 | 8.42 | 13.03 | 7.15 |
| Assets | 598 | 285 | 120 | 62.45 | 50.44 | 33.10 | 22.36 | 21.19 | 27.43 | 24.99 |
| Liabilities | 86.04 | 40.38 | 14.94 | 14.83 | 4.75 | 6.38 | 4.43 | 5.59 | 6.89 | 6.69 |
| Book Value | 512 | 245 | 105 | 47.62 | 45.69 | 26.72 | 17.93 | 15.60 | 20.55 | 18.30 |
Numbers in millions USD, except per-share numbers.
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.