Texas Pacific Land Corp (TPL)

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.

Address

1700 PACIFIC AVENUE
DALLAS, TX 75201

Founded

1871

Number of Employees

100

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s )
- - - - - - - $19,899 $87,895 $42,480 $16,622 $41,724
Average Price - - - - - - - $448.45 $598.43 $512.69 $659.10 $557.57
# Shares Purchased - - - - - - - 44,373 146,877 82,857 25,219 74,832
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - - 80.2% 35.0% 57.6% 22.6% 44.9%
S&P 500 Return to Date - - - - - - - 31.7% 37.3% 31.3% 7.4% 26.9%
Excess Total Return - - - - - - - 48.5% -2.2% 26.3% 15.2% 18.0%
Quartile Rank
Percentile Rank - - - - - - - 86% 72% 87% 81% 69%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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