Texas Pacific Land

About Texas Pacific Land

Texas Pacific Land Corp. operates as a landowner in the State of Texas. 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 firm's land, revenue for sales of materials 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 land. The firm 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. It operates through the Land and Resource Management and Water Services and Operations segment. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment refers to the full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by the company. The company was founded in 1871 and is headquartered in Dallas, TX.

Founded

1871

CEO

Mr. Tyler Glover

Employees

114

Headquarters

Dallas, Texas, United States of America

Fiscal year end

12-31

Website

texaspacific.com

Company profile

Exchange

US

Symbol

TPL

Market-cap rank

#854

Listing date

1970-01-01

Market cap

23.85B

Float cap

20.36B

Shares out

68.97M

Float shares

58.87M

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