Texas Pacific Land Corporation (TPL)
NYSE: TPL · IEX Real-Time Price · USD
592.02
+3.01 (0.51%)
Apr 25, 2024, 4:00 PM EDT - Market closed

Company Description

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.

The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas.

The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas.

This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements.

In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land.

The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin.

This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

Texas Pacific Land Corporation
Texas Pacific Land logo
Country United States
Founded 1888
Industry Oil & Gas Exploration & Production
Sector Energy
Employees 99
CEO Tyler Glover

Contact Details

Address:
1700 Pacific Ave, Ste 2900
Dallas, Texas 75201
United States
Phone (214) 969-5530
Website texaspacific.com

Stock Details

Ticker Symbol TPL
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000097517
CUSIP Number 88262P102
ISIN Number US88262P1021
Employer ID 75-0279735
SIC Code 6792

Key Executives

Name Position
Tyler Glover President, Chief Executive Officer and Trustee
Chris Steddum Chief Financial Officer
Micheal W. Dobbs Senior Vice President, Secretary and General Counsel
Stephanie D. Buffington Chief Accounting Officer
Shawn Amini Vice President of Finance and Investor Relations
Robert A. Crain Executive Vice President of Texas Pacific Water Resources LLC

Latest SEC Filings

Date Type Title
Nov 10, 2022 PX14A6G Notice of exempt solicitation submitted by non-management
Nov 9, 2022 PX14A6G Notice of exempt solicitation submitted by non-management
Oct 27, 2022 PX14A6G Notice of exempt solicitation submitted by non-management
Jan 25, 2021 15-12B Securities registration termination
Jan 12, 2021 25-NSE Filing
Jan 11, 2021 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Jan 11, 2021 SC 13D/A [Amend] General statement of acquisition of beneficial ownership
Jan 11, 2021 8-K Current Report
Dec 31, 2020 8-K Current Report
Dec 15, 2020 SC 13D/A [Amend] General statement of acquisition of beneficial ownership