Texas Pacific Land Corp
TPL864.410USD
-12.310-1.40%
Close 11/25, 16:00（ET）Quotes delayed by 15 min
19.86BMarket Cap
41.70P/E TTM
More Details of Texas Pacific Land Corp Company
Texas Pacific Land Corporation is a landowner in the state of Texas with approximately 873,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The Company operates in two segments. Its Land and Resource Management segment encompasses the business of managing its approximately 873,000 surface acres of land and its oil and gas royalty interests in West Texas, principally concentrated in the Permian Basin. This segment consists primarily of royalties from oil and gas, revenues from easements, commercial leases and renewables, and land and material sales. Its Water Services and Operations segment encompasses the business of providing full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC (TPWR). These full-service water offerings include water sourcing, produced-water treatment, infrastructure development, and others. The Company also has net royalty acreage in the Midland Basin.
Texas Pacific Land Corp Info
Ticker SymbolTPL
Company nameTexas Pacific Land Corp
IPO dateMar 17, 1980
CEOMr. Tyler Glover
Number of employees111
Security typeOrdinary Share
Fiscal year-endMar 17
Address1700 Pacific Avenue
CityDALLAS
Stock exchangeNYSE Consolidated
CountryUnited States of America
Postal code75201
Phone12149695530
Websitehttps://www.texaspacific.com/
Ticker SymbolTPL
IPO dateMar 17, 1980
CEOMr. Tyler Glover
Company Executives of Texas Pacific Land Corp
Name
Name/Position
Position
Shareholding
Change
Mr. Murray Stahl
Mr. Murray Stahl
Independent Director
Independent Director
1.17M
+613.22%
Mr. Tyler Glover
Mr. Tyler Glover
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
10.61K
--
Mr. Chris Steddum
Mr. Chris Steddum
Chief Financial Officer
Chief Financial Officer
3.50K
--
Mr. Micheal W. Dobbs
Mr. Micheal W. Dobbs
Senior Vice President, General Counsel, Secretary
Senior Vice President, General Counsel, Secretary
1.39K
--
Mr. Rhys J. Best
Mr. Rhys J. Best
Independent Chairman of the Board
Independent Chairman of the Board
915.00
--
Gen. (Retd.) Donald G. Cook
Gen. (Retd.) Donald G. Cook
Independent Director
Independent Director
844.00
--
Ms. Donna E. Epps
Ms. Donna E. Epps
Independent Director
Independent Director
789.00
--
Mr. Karl F. Kurz
Mr. Karl F. Kurz
Independent Director
Independent Director
690.00
--
Ms. Marguerite N. Woung-Chapman, J.D.
Ms. Marguerite N. Woung-Chapman, J.D.
Independent Director
Independent Director
405.00
--
Ms. Barbara J. Duganier
Ms. Barbara J. Duganier
Independent Director
Independent Director
--
--
View more
Name
Name/Position
Position
Shareholding
Change
Mr. Murray Stahl
Mr. Murray Stahl
Independent Director
Independent Director
1.17M
+613.22%
Mr. Tyler Glover
Mr. Tyler Glover
President, Chief Executive Officer, Director
President, Chief Executive Officer, Director
10.61K
--
Mr. Chris Steddum
Mr. Chris Steddum
Chief Financial Officer
Chief Financial Officer
3.50K
--
Mr. Micheal W. Dobbs
Mr. Micheal W. Dobbs
Senior Vice President, General Counsel, Secretary
Senior Vice President, General Counsel, Secretary
1.39K
--
Mr. Rhys J. Best
Mr. Rhys J. Best
Independent Chairman of the Board
Independent Chairman of the Board
915.00
--
Gen. (Retd.) Donald G. Cook
Gen. (Retd.) Donald G. Cook
Independent Director
Independent Director
844.00
--
Revenue Breakdown
Currency: USDUpdated: Mon, Oct 6
Currency: USDUpdated: Mon, Oct 6
FY2025Q2
FY2025Q1
FY2024
FY2024Q4
FY2024Q3
FY2024Q2
FY2024Q1
FY2023
FY2023Q4
FY2023Q3
FY2023Q2
FY2023Q1
FY2022
FY2022Q4
FY2022Q3
FY2022Q2
FY2022Q1
FY2021
FY2020
By BusinessUSD
Name
Revenue
Proportion
Oil And Gas Royalties
95.01M
50.66%
Easementand Sundry
36.22M
19.31%
Produced water royalties
30.74M
16.39%
Water Sales And Royalties
25.58M
13.64%
Land Sales
0.00
0.00%
Relevant data have not been disclosed by the company yet.
By Business
By Region
By BusinessUSD
Name
Revenue
Proportion
Oil And Gas Royalties
95.01M
50.66%
Easementand Sundry
36.22M
19.31%
Produced water royalties
30.74M
16.39%
Water Sales And Royalties
25.58M
13.64%
Land Sales
0.00
0.00%
Shareholding Stats
Updated: Sat, Nov 15
Updated: Sat, Nov 15
Shareholders
Shareholder Types
Shareholders
Shareholders
Proportion
Horizon Kinetics LLC
15.25%
The Vanguard Group, Inc.
11.20%
BlackRock Institutional Trust Company, N.A.
6.04%
State Street Investment Management (US)
5.09%
Stahl (Murray)
5.08%
Other
57.35%
Shareholders
Shareholders
Proportion
Horizon Kinetics LLC
15.25%
The Vanguard Group, Inc.
11.20%
BlackRock Institutional Trust Company, N.A.
6.04%
State Street Investment Management (US)
5.09%
Stahl (Murray)
5.08%
Other
57.35%
Shareholder Types
Shareholders
Proportion
Investment Advisor
35.49%
Investment Advisor/Hedge Fund
31.93%
Individual Investor
5.21%
Research Firm
1.80%
Pension Fund
1.33%
Bank and Trust
0.95%
Hedge Fund
0.83%
Sovereign Wealth Fund
0.07%
Family Office
0.04%
Other
22.36%
Institutional Shareholding
Updated: Wed, Oct 1
Updated: Wed, Oct 1
Reporting Period
No. of institutions
Shares Held
Proportion
Change
2025Q3
1301
16.54M
71.97%
+23.25K
2025Q2
1265
16.62M
72.32%
-75.14K
2025Q1
1282
16.56M
72.06%
-1.90M
2024Q4
1187
16.40M
71.36%
-1.60M
2024Q3
1068
15.89M
69.15%
-1.63M
2024Q2
1044
15.72M
68.37%
-477.08K
2024Q1
986
14.45M
62.81%
-1.83M
2023Q4
977
14.61M
63.51%
-1.61M
2023Q3
966
14.29M
62.04%
-2.20M
2023Q2
942
16.17M
70.08%
+1.07M
View more
Shareholder Activity
Name
Shares Held
Proportion
Change
Chg %
Date
Horizon Kinetics LLC
3.58M
15.57%
+19.00
+0.00%
Sep 30, 2025
The Vanguard Group, Inc.
2.38M
10.37%
-75.07K
-3.05%
Jun 30, 2025
BlackRock Institutional Trust Company, N.A.
1.42M
6.18%
+12.31K
+0.87%
Jun 30, 2025
State Street Investment Management (US)
1.15M
4.99%
-32.47K
-2.75%
Jun 30, 2025
Stahl (Murray)
1.17M
5.08%
+1.00M
+613.22%
Sep 11, 2025
Geode Capital Management, L.L.C.
605.76K
2.64%
+22.80K
+3.91%
Jun 30, 2025
SoftVest Advisors, LLC
393.60K
1.71%
+300.00
+0.08%
Sep 11, 2025
First Manhattan Co. LLC
337.68K
1.47%
-241.00
-0.07%
Jun 30, 2025
Invesco Capital Management LLC
239.24K
1.04%
-19.70K
-7.61%
Jun 30, 2025
Charles Schwab Investment Management, Inc.
184.21K
0.8%
+720.00
+0.39%
Jun 30, 2025
View more
Related ETFs
Updated: Thu, Nov 6
Updated: Thu, Nov 6
Name
Proportion
Horizon Kinetics Energy Remediation ETF
5.55%
Horizon Kinetics Inflation Beneficiaries ETF
4.84%
Invesco S&P 500 Equal Weight Energy ETF
4.42%
iShares U.S. Oil & Gas Exploration & Production ETF
3.55%
SPDR S&P Oil & Gas Exploration & Production ETF
2.75%
Formidable Fortress ETF
2.68%
Inspire Faithward Mid Cap Momentum ETF
2.51%
Strive US Energy ETF
1.99%
Siren DIVCON Dividend Defender ETF
1.81%
First Trust Bloomberg Inflation Sensitive Eqty ETF
1.79%
View more
Horizon Kinetics Energy Remediation ETF
Proportion5.55%
Horizon Kinetics Inflation Beneficiaries ETF
Proportion4.84%
Invesco S&P 500 Equal Weight Energy ETF
Proportion4.42%
iShares U.S. Oil & Gas Exploration & Production ETF
Proportion3.55%
SPDR S&P Oil & Gas Exploration & Production ETF
Proportion2.75%
Formidable Fortress ETF
Proportion2.68%
Inspire Faithward Mid Cap Momentum ETF
Proportion2.51%
Strive US Energy ETF
Proportion1.99%
Siren DIVCON Dividend Defender ETF
Proportion1.81%
First Trust Bloomberg Inflation Sensitive Eqty ETF
Proportion1.79%
Dividend
A total of
981.49M
USD has been distributed in dividends over the past 5 years.
Date
Dividend
Record Date
Payment Date
Ex-dividend Date
Feb 19, 2025
TPL.NB Interim Cash Dividend of gross USD 1.6 paid on Mar 17, 2025 going ex on Mar 03, 2025
Mar 03, 2025
Mar 17, 2025
Mar 03, 2025
Nov 06, 2024
TPL.NB Final Cash Dividend of gross USD 1.6 paid on Dec 16, 2024 going ex on Dec 02, 2024
Dec 02, 2024
Dec 16, 2024
Dec 02, 2024
Aug 07, 2024
TPL.NB Interim Cash Dividend of gross USD 1.17 paid on Sep 17, 2024 going ex on Sep 03, 2024
Sep 03, 2024
Sep 17, 2024
Sep 03, 2024
May 08, 2024
TPL.NB Interim Cash Dividend of gross USD 1.17 paid on Jun 17, 2024 going ex on Jun 03, 2024
Jun 03, 2024
Jun 17, 2024
Jun 03, 2024
Feb 13, 2024
TPL.NB Interim Cash Dividend of gross USD 3.5 paid on Mar 15, 2024 going ex on Feb 29, 2024
Mar 01, 2024
Mar 15, 2024
Feb 29, 2024
Nov 02, 2023
TPL.NB Final Cash Dividend of gross USD 3.25 paid on Dec 15, 2023 going ex on Nov 30, 2023
Dec 01, 2023
Dec 15, 2023
Nov 30, 2023
Aug 02, 2023
TPL.NB Interim Cash Dividend of gross USD 3.25 paid on Sep 15, 2023 going ex on Aug 31, 2023
Sep 01, 2023
Sep 15, 2023
Aug 31, 2023
May 03, 2023
TPL.NB Interim Cash Dividend of gross USD 3.25 paid on Jun 15, 2023 going ex on Jun 07, 2023
Jun 08, 2023
Jun 15, 2023
Jun 07, 2023
Feb 13, 2023
TPL.NB Interim Cash Dividend of gross USD 3.25 paid on Mar 15, 2023 going ex on Mar 07, 2023
Mar 08, 2023
Mar 15, 2023
Mar 07, 2023
Nov 02, 2022
TPL.NB Final Cash Dividend of gross USD 3 paid on Dec 15, 2022 going ex on Dec 07, 2022
Dec 08, 2022
Dec 15, 2022
Dec 07, 2022
View more
Stock Split
Date
Type
Ratio
Mar 07, 2024
Split
1→3
Date
Type
Ratio
Mar 07, 2024
Split
1→3
FAQs
Who are the top five shareholders of Texas Pacific Land Corp?
The top five shareholders of Texas Pacific Land Corp are:
Horizon Kinetics LLC holds 3.58M shares, accounting for 15.57% of the total shares.
The Vanguard Group, Inc. holds 2.38M shares, accounting for 10.37% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 1.42M shares, accounting for 6.18% of the total shares.
State Street Investment Management (US) holds 1.15M shares, accounting for 4.99% of the total shares.
Stahl (Murray) holds 1.17M shares, accounting for 5.08% of the total shares.
Horizon Kinetics LLC holds 3.58M shares, accounting for 15.57% of the total shares.
The Vanguard Group, Inc. holds 2.38M shares, accounting for 10.37% of the total shares.
BlackRock Institutional Trust Company, N.A. holds 1.42M shares, accounting for 6.18% of the total shares.
State Street Investment Management (US) holds 1.15M shares, accounting for 4.99% of the total shares.
Stahl (Murray) holds 1.17M shares, accounting for 5.08% of the total shares.
What are the top three shareholder types of Texas Pacific Land Corp?
The top three shareholder types of Texas Pacific Land Corp are:
Horizon Kinetics LLC
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
Horizon Kinetics LLC
The Vanguard Group, Inc.
BlackRock Institutional Trust Company, N.A.
How many institutions hold shares of Texas Pacific Land Corp (TPL)?
As of 2025Q3, 1301 institutions hold shares of Texas Pacific Land Corp, with a combined market value of approximately 16.54M, accounting for 71.97% of the total shares. Compared to 2025Q2, institutional shareholding has increased by -0.35%.
What is the biggest source of revenue for Texas Pacific Land Corp?
In FY2025Q2, the Oil And Gas Royalties business generated the highest revenue for Texas Pacific Land Corp, amounting to 95.01M and accounting for 50.66% of total revenue.
