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Texas Pacific Land Corp
Previous close
$587.25
Day range
$585.52 - $594.20
Year range
$422.07 - $666.67
Market cap
13.64B USD
Avg Volume
84.48K
P/E ratio
33.67
Dividend yield
0.79%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Revenue | 166.66M | 9.14% |
Operating expense | 23.21M | -2.04% |
Net income | 113.11M | 13.42% |
Net profit margin | 67.87 | 3.92% |
Earnings per share | 4.91 | 13.83% |
EBITDA | 138.25M | 8.22% |
Effective tax rate | 22.06% | — |
Balance Sheet
Total assets
Total liabilities
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Cash and short-term investments | 725.17M | 41.96% |
Total assets | 1.16B | 31.79% |
Total liabilities | 113.20M | 8.29% |
Total equity | 1.04B | — |
Shares outstanding | 23.01M | — |
Price to book | 12.95 | — |
Return on assets | 30.05% | — |
Return on capital | 33.40% | — |
Cash Flow
Net change in cash
| (USD) | Dec 2023info | Y/Y change |
|---|---|---|
Net income | 113.11M | 13.42% |
Cash from operations | 111.43M | -15.90% |
Cash from investing | -4.40M | 35.42% |
Cash from financing | -36.02M | 34.63% |
Net change in cash | 71.01M | 0.59% |
Free cash flow | 80.70M | -13.86% |
About
The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning well over 880,000 acres in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. It was previously organized as an unusual legal entity, a publicly traded trust taxed as a corporation, and operated under the name Texas Pacific Land Trust.
TPL has two business lines: royalties from oil and gas, its main business segment, and selling water. Wikipedia
Founded
Feb 1, 1888
Headquarters
Website
Employees
100
