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Texas Pacific Land Corporation information


Texas Pacific Land Corporation
Company typePublic company
Traded as
  • NYSE: TPL
  • Russell 1000 component
Industry
  • Forestry
  • Real estate
FoundedFebruary 1, 1888; 136 years ago (1888-02-01) as Texas Pacific Land Trust
HeadquartersDallas, Texas, U.S.
Key people
Tyler Glover
(CEO & President)
Chris Steddum (CFO)
ProductsOil/Gas Land Royalties
RevenueDecrease US$631.6 million (2023)
Operating income
Decrease US$486.0 million (2023)
Net income
Decrease US$405.6 million (2023)
Total assetsIncrease US$1.156 billion (2023)
Total equityIncrease US$1.043 billion (2023)
Number of employees
99 (2023)
Websitewww.texaspacific.com
Footnotes / references
[1]

The Texas Pacific Land Corporation is a publicly traded real estate operating company with its administrative office in Dallas, Texas. Owning over 880,000 acres (3,600 km2) in 20 West Texas counties, TPL is among the largest private landowners in the state of Texas. It was previously organized as 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.[2]

  1. ^ "Texas Pacific Land Corp 2023 Annual Report 10-K". 2023.
  2. ^ "FORM 10-K: Texas Pacific Land Corporation". sec.gov. Retrieved 2024-03-16.

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