Texas Pacific Land Corporation navigates Permian Basin growth with strategic acquisitions, dividend payouts, and water segment expansion. Stay informed on TPL's market position.
Texas Pacific Land Corporation's Q4 earnings beat estimates, fueled by water segment growth. Insider buying signals confidence amid valuation debates. TPL navigates Permian growth.
A deep dive into Texas Pacific Land Corporation's Q4 2024 performance, water segment growth, and acquisition strategy in the Permian Basin.
Texas Pacific Land Corporation (TPL) navigates Permian Basin growth through strategic acquisitions, water services, and royalty management. Strong financials, but valuation concerns persist.
In-depth analysis of Texas Pacific Land's Q4 2024 earnings, focusing on water segment growth, Permian Basin dynamics, and dividend strategy. TPL's future hinges on these factors.
Texas Pacific Land's Q4 2024 results show water segment growth, but valuation concerns persist. Acquisition strategy and market outlook analyzed.
In-depth analysis of TPL's Q4 2024 earnings highlights robust water segment growth, strategic acquisitions, and evolving market dynamics.
Texas Pacific Land Corporation's Q4 2024 earnings reveal growth, acquisition scrutiny, and market impact. Water segment strength contrasts with capital allocation concerns.
An in-depth analysis of TPL’s Q4 2024 earnings and strategic outlook reveals robust performance in the Permian Basin.
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.