Texas Pacific Land Corp
NYSE:TPL

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Texas Pacific Land Corp
NYSE:TPL
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Price: 1 401.5 USD -1.1%
Market Cap: 32.2B USD

Texas Pacific Land Corp
Investor Relations

Texas Pacific Land Corp., with its roots stretching back to the late 19th century, has carved out a unique place in the American business landscape, primarily centered around land and mineral rights management. Originally established from the remnants of the Texas and Pacific Railway, the company transformed itself over the decades into a powerhouse in the management of vast land holdings in West Texas. These lands are rich with possibilities, not the least of which lie in the bounty of oil and gas resources beneath the surface. The company's extensive acreage in the Permian Basin, one of the most prolific oil and gas producing regions in the United States, forms the cornerstone of its financial model. By leasing these lands to oil and gas operators, Texas Pacific Land Corp. secures a steady stream of revenue through royalties, typically a percentage of the production value extracted from their land.

Beyond oil and gas royalties, Texas Pacific Land Corp.'s business model integrates multiple revenue streams. It includes land sales, water services, and easements. The company takes advantage of its significant water rights to provide water solutions critical for hydraulic fracturing operations in the Permian Basin. Furthermore, Texas Pacific Land Corp. earns from infrastructure development, granting easements and rights-of-way for pipelines, power lines, and roads, which are essential as the energy landscape in West Texas evolves. This diversified revenue model ensures stability and growth, enabling Texas Pacific Land Corp. to continually benefit from the burgeoning energy industry while maintaining a lean operational structure. Through a combination of strategic leverage of land assets and innovative adaption to market needs, the company stands out as an exemplary model of how historical assets can drive modern economic success.

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Earnings Calls

2025 Q1
May 8, 2025
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Strong First Quarter Drives Record Production and Financials at Texas Pacific Land Corporation
2025 Q1
May 8, 2025

Texas Pacific Land Corporation (TPL) reported a strong start to 2025 with record production of about 31,100 barrels of oil equivalent per day, up 25% year-over-year. Revenues reached $196 million, with an adjusted EBITDA margin of 86.4%. Cash flow increased by 11% to $127 million. TPL's near-term well inventory is at an all-time high of 24.3 net wells. The company's balance sheet remains robust with $460 million in cash and zero debt. Despite potential commodity price volatility, TPL is positioned to maintain positive cash flow and capitalize on growth opportunities, expecting near-term desalination initiatives to further enhance operations【4:0†source】.

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Management

Mr. Tyler Glover
President, CEO & Trustee
No Bio Available
Mr. Chris Steddum
Chief Financial Officer
No Bio Available
Ms. Stephanie D. Buffington
Chief Accounting Officer
No Bio Available
Shawn Amini
Vice President of Finance & Investor Relations
No Bio Available
Mr. Robert A. Crain
Executive Vice President of Texas Pacific Water Resources LLC
No Bio Available

Contacts

Address
TEXAS
Dallas
1700 Pacific Avenue, Suite 2900
Contacts
+12149695530.0
www.texaspacific.com