We are conducting system maintenance, which may temporarily affect some services and our ability to answer phone calls. For urgent queries, please contact us via email using the addresses on our contact page. We appreciate your patience and are working to restore full services promptly. Thank you for your cooperation!

MSFT 409.6999 -1.5286% AAPL 222.71 -1.8034% NVDA 128.3057 2.7103% GOOGL 163.14 -2.3465% GOOG 164.6592 -2.3142% AMZN 180.47 -3.2384% META 585.16 -1.8089% AVGO 175.79 -0.4812% TSLA 241.6955 -3.3527% TSM 183.57 1.3303% LLY 899.35 1.374% V 273.29 -1.6695% JPM 209.74 -0.7007% UNH 584.575 -1.1206% NVO 117.48 2.05% WMT 79.45 -1.8409% LVMUY 148.82 1.4451% XOM 125.47 0.5127% LVMHF 745.0 1.5609% MA 491.24 -1.298%

Texas Pacific Land Trust

Energy US TPL

984.58USD
3.21(0.33%)

Last update at 2024-10-07T18:52:00Z

Day Range

980.43995.71
LowHigh

52 Week Range

1261.602389.37
LowHigh

Fundamentals

  • Previous Close 981.37
  • Market Cap12350.94M
  • Volume41333
  • P/E Ratio31.52
  • Dividend Yield0.80%
  • EBITDA490.82M
  • Revenue TTM617.64M
  • Revenue Per Share TTM80.34
  • Gross Profit TTM 649.90M
  • Diluted EPS TTM51.06

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 568.86M 363.02M 219.66M 404.45M 261.75M
Minority interest - - - - -
Net income 446.36M 269.98M 176.05M 320.93M 209.74M
Selling general administrative 63.49M 59.08M 52.70M 59.01M 25.64M
Selling and marketing expenses - - - - -
Gross profit 634.53M 421.47M 269.95M 460.78M 286.47M
Reconciled depreciation 15.38M 16.26M 14.39M 8.91M 2.58M
Ebit 546.93M 346.14M 202.86M 392.87M 260.83M
Ebitda 562.31M 362.39M 217.25M 401.77M 263.42M
Depreciation and amortization 15.38M 16.26M 14.39M 8.91M 2.58M
Non operating income net other - - - 2.68M 0.92M
Operating income 562.31M 362.39M 217.25M 401.77M 260.83M
Other operating expenses 105.11M 88.56M 85.30M 88.72M 39.39M
Interest expense -6.54800M 16.88M 16.81M 11.59M 0.00000M
Tax provision 122.49M 93.04M 43.61M 83.53M 52.01M
Interest income - - - - -
Net interest income - - - - -
Extraordinary items - - - 0.00000M 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 122.49M 93.04M 43.61M 83.53M 52.01M
Total revenue 667.42M 450.96M 302.55M 490.50M 300.22M
Total operating expenses 72.22M 59.08M 52.70M 59.01M 25.64M
Cost of revenue 32.89M 29.49M 32.60M 29.71M 13.75M
Total other income expense net 6.55M 0.62M 2.41M 2.68M 0.92M
Discontinued operations - - - - -
Net income from continuing ops 446.36M 269.98M 176.05M 318.73M 209.74M
Net income applicable to common shares 446.36M 269.98M 176.05M 318.73M 209.74M
Preferred stock and other adjustments - - - - -
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Total assets 877.43M 764.06M 571.63M 598.18M 285.07M
Intangible assets - - - - -
Earning assets - - - - -
Other current assets 7.43M 3.05M 1.98M - 9.40M
Total liab 104.54M 112.35M 86.45M 86.04M 40.38M
Total stockholder equity 772.89M 651.71M 485.18M 512.14M 244.69M
Deferred long term liab - - - 40.83M 14.90M
Other current liab 11.21M 29.08M 4.05M 5.27M 1.61M
Common stock 0.08M 0.08M 487.88M 513.60M 245.77M
Capital stock 0.08M 0.08M 0.00000M 0.00000M 0.00000M
Retained earnings 866.14M 668.03M - 513.60M 245.77M
Other liab 62.99M 60.01M 64.90M 58.21M 28.27M
Good will - - - - -
Other assets 6.35M 111.61M 211.32M 111.06M 14.38M
Cash 510.83M 428.24M 281.05M 303.64M 119.65M
Cash and equivalents 510.83M 428.24M 281.05M 303.64M 119.65M
Total current liabilities 56.81M 67.54M 18.73M 24.46M 12.11M
Current deferred revenue 21.71M 20.45M 26.17M - -
Net debt -508.87900M -426.79700M -278.22500M -300.27800M -119.64700M
Short term debt 0.00000M 0.00000M -26.16800M 0.00000M 0.00000M
Short long term debt - - - - -
Short long term debt total 1.96M 1.45M 2.82M 3.37M -
Other stockholder equity -95.84600M -15.38900M 487.88M 513.60M 245.77M
Property plant equipment 242.73M 81.55M 81.74M 195.40M 75.29M
Total current assets 743.11M 635.58M 439.78M 473.71M 188.29M
Long term investments - - - 29.06M 24.30M
Net tangible assets 772.89M 651.71M 485.18M 512.14M 244.69M
Short term investments - - - - -
Net receivables 103.98M 95.22M 48.22M 62.99M 48.75M
Long term debt - - - - -
Inventory 109.70M 109.07M 108.54M 107.08M 10.49M
Accounts payable 23.90M 18.01M 14.68M 19.19M 10.51M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 2.52M -1.00700M -2.69300M -1.46100M -1.07800M
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - 513.60M 245.77M
Treasury stock - -15.41700M - - -
Accumulated amortization - - - - -
Non currrent assets other 1.29M 2.54M 4.47M 3.98M 7.68M
Deferred long term asset charges - - - - -
Non current assets total 134.32M 128.48M 131.86M 124.46M 96.79M
Capital lease obligations 1.96M 1.45M 2.82M 3.37M -
Long term debt total 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -21.40100M -14.99700M -25.99800M -111.69200M -81.53300M
Change to liabilities 1.94M 1.25M 2.50M 11.62M 5.54M
Total cashflows from investing activities -21.40100M -14.99700M -25.99800M -111.69200M -81.53300M
Net borrowings - - - - -
Total cash from financing activities -336.80800M -104.94800M -201.66000M -50.89900M -70.04900M
Change to operating activities 18.34M 3.16M -6.29100M 7.96M 7.96M
Net income 446.36M 269.98M 176.05M 318.73M 209.74M
Change in cash 88.94M 145.22M -20.62100M 180.20M 40.07M
Begin period cash flow 428.24M 283.02M 303.64M 123.45M 79.58M
End period cash flow 517.18M 428.24M 283.02M 303.64M 119.65M
Total cash from operating activities 447.15M 265.16M 207.04M 342.79M 191.65M
Issuance of capital stock - - - - -
Depreciation 15.38M 16.26M 14.39M 8.91M 2.58M
Other cashflows from investing activities 0.11M 1.09M 0.00000M -37.10900M -24.27800M
Dividends paid -247.28100M -85.26400M -201.66000M -46.54600M 31.65M
Change to inventory - -0.86700M - - -
Change to account receivables -13.83300M -47.60300M 18.83M -13.80200M -37.82400M
Sale purchase of stock -87.76500M -19.68400M 0.00000M -4.35300M -38.39700M
Other cashflows from financing activities -1.76200M -0.07800M -25.99800M -111.69200M -81.53300M
Change to netincome 9.70M 0.25M -3.51400M 25.92M 14.79M
Capital expenditures 20.87M 15.55M 22.03M 37.23M 72.18M
Change receivables - - - -13.80200M -37.82400M
Cash flows other operating - - - -8.59000M -3.17200M
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - 180.20M 40.07M
Change in working capital -24.28400M -21.32200M 20.11M 11.23M -35.45700M
Stock based compensation 8.43M 0.03M -14.39500M - -
Other non cash items - 16.26M 12.98M -13.09400M -0.00200M
Free cash flow 426.27M 249.62M 185.00M 305.56M 119.47M

Peer Comparison

Sector: Energy Industry: Oil & Gas E&P

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
TPL
Texas Pacific Land Trust
3.21 0.33% 984.58 31.52 28.82 19.88 12.84 19.23 24.21
COP
ConocoPhillips
0.21 0.19% 114.75 12.82 11.12 2.24 2.90 2.47 5.63
CNQ
Canadian Natural Resources Ltd
0.76 2.14% 36.31 15.51 14.24 2.37 2.92 2.26 5.34
EOG
EOG Resources Inc
1.34 1.01% 134.46 9.09 8.98 3.01 2.57 2.97 5.16
PEXNY
PTT Exploration & Production
-0.63 3.79% 16.01 25.79 24.51 5.92 3.66 0.05 0.08

Reports Covered

Stock Research & News

Profile

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 surface 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, and disposal solutions 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.

Texas Pacific Land Trust

1700 Pacific Avenue, Dallas, TX, United States, 75201

Key Executives

Name Title Year Born
Mr. Tyler Glover Pres, CEO & Trustee 1985
Mr. Chris Steddum Chief Financial Officer 1981
Mr. Micheal W. Dobbs Sr. VP, Sec. & Gen. Counsel 1973
Ms. Stephanie D. Buffington Chief Accounting Officer 1967
Shawn Amini VP of Fin. & Investor Relations NA
Mr. Robert A. Crain Exec. VP of Texas Pacific Water Resources LLC 1979

Disclaimer - This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on ‘as is’ basis, using their API. The information and data provided on this page, as well as via the API, are not guaranteed to be real-time or accurate. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general informational purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine does not assume any responsibility for any trading losses you might incur as a result of using this information, data, or any analyst rating or recommendation provided. Kalkine will not accept any liability for any loss or damage resulting from reliance on the information, including but not limited to data, quotes, charts, analyst ratings, recommendations, and buy/sell signals sourced via the API.
Please be fully informed about the risks and costs associated with trading in the financial markets, as it is one of the riskiest forms of investment. Kalkine does not provide any warranties regarding the information on this page, including, without limitation, warranties of merchantability or fitness for a particular purpose or use.