Tejon Ranch Co. (TRC)
NYSE: TRC · Real-Time Price · USD
15.83
-0.01 (-0.06%)
Nov 4, 2024, 4:00 PM EST - Market closed

Company Description

Tejon Ranch Co., together with its subsidiaries, operates as a diversified real estate development and agribusiness company.

It operates through five segments: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations.

The Commercial/Industrial Real Estate Development segment engages in the planning and permitting of land for development; construction of infrastructure projects, pre-leased buildings, and buildings to be leased or sold; and sale of land to third parties for their own development.

It is also involved in the activities related to communications leases, a power plant lease, and landscape maintenance.

This segment leases land to various auto service stations with convenience stores, fast-food operations, service diner-style restaurant, a motel, an antique shop, and a post office; various microwave repeater locations, radio and cellular transmitter sites, and fiber optic cable routes; and package of land for an electric power plant.

The Resort/Residential Real Estate Development segment engages in land entitlement, planning, pre-construction engineering, stewardship, and conservation activities.

The Mineral Resources segment includes oil and gas royalties, rock and aggregate royalties, and royalties from a cement operation leased to National Cement Company of California, Inc.; and the management of water assets and infrastructure projects.

The Farming segment farms permanent crops, such as wine grapes, almonds, and pistachios in package of land.

It also manages the farming of alfalfa and forage mix on package of land in the Antelope Valley; and leases package of land for growing vegetables, as well as almonds.

The Ranch Operations segment provides game management and ancillary land services comprising grazing leases and filming, as well as various guided hunts.

Tejon Ranch Co. was founded in 1843 and is based in Lebec, California.

Tejon Ranch Co.
Tejon Ranch Co. logo
Country United States
Founded 1843
Industry Conglomerates
Sector Industrials
Employees 87
CEO Gregory Bielli

Contact Details

Address:
4436 Lebec Road, P.O. Box 1000
Lebec, California 93243
United States
Phone 661 248 3000
Website tejonranch.com

Stock Details

Ticker Symbol TRC
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000096869
CUSIP Number 879080109
ISIN Number US8790801091
Employer ID 77-0196136
SIC Code 6500

Key Executives

Name Position
Gregory S. Bielli President, Chief Executive Officer and Director
Brett A. Brown Chief Financial Officer and Executive Vice President
Allen E. Lyda Chief Operating Officer and Executive Vice President
Robert D. Velasquez Senior Vice President of Finance and Chief Accounting Officer
Michael R. W. Houston Senior Vice President, General Counsel and Secretary
Hugh F. McMahon IV Executive Vice President of Real Estate
Nicholas Ortiz Senior Vice President of Corporate Communications and Public Affairs
Derek C. Abbott Senior Vice President of Real Estate
Michael L. Campeau Senior Vice President of Ranch Operations
Fredrick R. Irwin III Senior Vice President of Agriculture

Latest SEC Filings

Date Type Title
Nov 4, 2024 8-K Current Report
Nov 4, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Aug 6, 2024 10-Q Quarterly Report
May 20, 2024 PX14A6G Notice of exempt solicitation submitted by non-management
May 16, 2024 8-K Current Report
May 9, 2024 PX14A6G Notice of exempt solicitation submitted by non-management
May 7, 2024 10-Q Quarterly Report
Apr 18, 2024 PX14A6G Notice of exempt solicitation submitted by non-management
Mar 28, 2024 ARS Filing
Mar 28, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material