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.
| trading_symbol | registrant_name | time | price | change | percentage_change |
|---|---|---|---|---|---|
| TPL | Texas Pacific Land Corp | 2025-10-16 18:59:04 | 932 | -6.18 | -0.66 |
| trading_symbol | central_index_key | registrant_name | isin_number | lei_number | ein_number | exchange | sic_code | sic_description | fiscal_year_end | state_of_incorporation | address_street | address_city | address_state | address_zip_code | address_country | address_country_code | phone_number | mailing_address | business_address | former_name | industry | founding_date | chief_executive_officer | number_of_employees | website | market_cap | shares_issued | shares_outstanding | description | update_time |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TPL | 0001811074 | Texas Pacific Land Corp | US88262P1021 | — | 750279735 | NYSE | 6792 | Oil Royalty Traders | 1231 | DE | 1700 PACIFIC AVENUE | DALLAS | TX | 75201 | UNITED STATES | US | 214-969-5530 | 1700 PACIFIC AVENUE, DALLAS, TX, 75201 | 1700 PACIFIC AVENUE, DALLAS, TX, 75201 | — | — | 1888-02-01 | Tyler Glover | 99 | https://www.TexasPacific.com | 10,900,000,000 | — | 22,987,326 | 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. | 2025-10-10 19:29:55 |
| Fiscal Year | Market Cap | Change In Market Cap | Percentage Change In Market Cap | Shares Outstanding | Change In Shares Outstanding | Percentage Change In Shares Outstanding |
|---|---|---|---|---|---|---|
| 2024 | 10,900,000,000 | 3,400,000,000 | 45.3333 | 22,984,798 | 15,316,376 | 199.7331 |
| 2023 | 7,500,000,000 | -1,000,000,000 | -11.7647 | 7,668,422 | -27,074 | -0.3518 |
| 2022 | 8,500,000,000 | -500,000,000 | -5.5556 | 7,695,496 | -49,879 | -0.644 |
| Executive Name | Executive Position | Fiscal Year | Salary | Bonus | Stock Awards | Incentive Plan Compensation | Other Compensation | Total Compensation |
|---|---|---|---|---|---|---|---|---|
| Micheal W. Dobbs | Senior Vice President, Secretary, General Counsel | 2024 | 440,000 | — | 1,508,069 | — | 20,700 | 2,617,118 |
| Chris Steddum | Chief Financial Officer | 2024 | 525,000 | — | 2,595,979 | — | 20,700 | 4,049,889 |
| Tyler Glover | President, Chief Executive Officer | 2024 | 850,000 | — | 4,756,794 | — | 35,100 | 7,413,075 |
| Tyler Glover | President, Chief Executive Officer | 2023 | 850,000 | — | 3,771,255 | — | 34,200 | 6,108,717 |
| Chris Steddum | Chief Financial Officer | 2023 | 500,000 | — | 1,806,913 | — | 19,800 | 3,033,387 |
| Fiscal Year | Employee Count |
|---|---|
| 2024 | 111 |
| 2023 | 100 |
| 2022 | 99 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 705,823,000 | 631,595,000 | 667,422,000 |
| Cost Of Revenue | — | — | — |
| Gross Profit | — | — | — |
| Research And Development Expenses | — | — | — |
| General And Administrative Expenses | 34,483,000 | 14,928,000 | 13,350,000 |
| Operating Expenses | 166,685,000 | 145,542,000 | 105,115,000 |
| Operating Income | 539,138,000 | 486,053,000 | 562,307,000 |
| Net Income | 453,960,000 | 405,645,000 | 446,362,000 |
| Earnings Per Share Basic | 19.75 | 52.81 | 57.8 |
| Earnings Per Share Diluted | 19.72 | 52.77 | 57.77 |
| Weighted Average Shares Outstanding Basic | 22,986,197 | 7,681,435 | 7,721,957 |
| Weighted Average Shares Outstanding Diluted | 23,019,751 | 7,686,615 | 7,726,809 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Cash And Cash Equivalents | 369,835,000 | 725,169,000 | 510,834,000 |
| Marketable Securities Current | — | — | — |
| Accounts Receivable | — | — | — |
| Inventories | — | — | — |
| Non Trade Receivables | 126,670,000 | 128,971,000 | 103,983,000 |
| Other Assets Current | — | — | — |
| Total Assets Current | 503,369,000 | 862,464,000 | 633,401,000 |
| Marketable Securities Non Current | — | — | — |
| Property Plant And Equipment | 122,578,000 | 89,587,000 | 85,478,000 |
| Other Assets Non Current | — | — | — |
| Total Assets Non Current | 744,651,000 | 293,934,000 | 244,026,000 |
| Total Assets | 1,248,020,000 | 1,156,398,000 | 877,427,000 |
| Accounts Payable | 26,958,000 | 22,501,000 | 23,897,000 |
| Deferred Revenue | 6,797,000 | 6,330,000 | 4,488,000 |
| Short Term Debt | — | — | — |
| Other Liabilities Current | 4,388,000 | 4,795,000 | 3,167,000 |
| Total Liabilities Current | 46,561,000 | 44,387,000 | 39,595,000 |
| Long Term Debt | — | — | — |
| Other Liabilities Non Current | — | — | — |
| Total Liabilities Non Current | 68,994,000 | 68,815,000 | 64,945,000 |
| Total Liabilities | 115,555,000 | 113,202,000 | 104,540,000 |
| Common Stock | 231,000 | 78,000 | 78,000 |
| Retained Earnings | 1,277,594,000 | 1,171,672,000 | 866,139,000 |
| Accumulated Other Comprehensive Income | 3,583,000 | 1,831,000 | 2,516,000 |
| Total Shareholders Equity | 1,132,465,000 | 1,043,196,000 | 772,887,000 |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Depreciation And Amortization | 25,162,000 | 14,757,000 | 15,376,000 |
| Share Based Compensation Expense | 12,498,000 | 10,343,000 | 8,432,000 |
| Other Non Cash Income Expense | — | — | — |
| Change In Accounts Receivable | — | — | — |
| Change In Inventories | — | — | — |
| Change In Non Trade Receivables | — | — | — |
| Change In Other Assets | 610,000 | 24,457,000 | 13,833,000 |
| Change In Accounts Payable | — | — | — |
| Change In Other Liabilities | 6,327,000 | -3,240,000 | 10,394,000 |
| Cash From Operating Activities | 490,672,000 | 418,288,000 | 447,149,000 |
| Purchases Of Marketable Securities | — | — | — |
| Sales Of Marketable Securities | — | — | — |
| Acquisition Of Property Plant And Equipment | — | — | 18,967,000 |
| Acquisition Of Business | — | — | — |
| Other Investing Activities | — | — | — |
| Cash From Investing Activities | -471,749,000 | -60,312,000 | -21,401,000 |
| Tax Withholding For Share Based Compensation | 1,623,000 | 2,064,000 | 1,762,000 |
| Payments Of Dividends | 117,474,000 | 99,972,000 | 92,737,000 |
| Issuance Of Common Stock | — | — | — |
| Repurchase Of Common Stock | 29,159,000 | 42,573,000 | 87,765,000 |
| Issuance Of Long Term Debt | — | — | — |
| Repayment Of Long Term Debt | — | — | — |
| Other Financing Activities | — | — | — |
| Cash From Financing Activities | -378,091,000 | -144,609,000 | -336,808,000 |
| Change In Cash | -359,168,000 | 213,367,000 | 88,940,000 |
| Cash At End Of Period | 369,835,000 | 725,169,000 | 510,834,000 |
| Income Taxes Paid | 120,669,000 | 104,079,000 | 151,956,000 |
| Interest Paid | — | — | — |
| Fiscal Year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Earnings Per Share | 19.75 | 52.81 | 57.8 |
| Price To Earnings Ratio | 55.998 | 9.9252 | 13.5192 |
| Earnings Growth Rate | -62.6018 | -8.6332 | 65.9489 |
| Price Earnings To Growth Ratio | -0.8945 | -1.1497 | 0.205 |
| Book Value Per Share | 49.2672 | 135.8074 | 100.0895 |
| Price To Book Ratio | 22.4482 | 3.8595 | 7.8071 |
| Ebitda | 599,791,000 | 524,481,000 | 613,694,000 |
| Enterprise Value | — | — | — |
| Dividend Yield | 0.0046 | 0.0248 | 0.0154 |
| Dividend Payout Ratio | 0.2588 | 0.2465 | 0.2078 |
| Debt To Equity Ratio | — | — | — |
| Capital Expenditures | 58,153,000 | 18,866,000 | 21,132,000 |
| Free Cash Flow | 432,519,000 | 399,422,000 | 426,017,000 |
| Return On Equity | 0.4009 | 0.3888 | 0.5775 |
| One Year Beta | 1.0944 | 0.5739 | 0.8673 |
| Three Year Beta | 0.8426 | 0.8723 | 1.136 |
| Five Year Beta | 1.0901 | 1.0903 | 1.1179 |
| Insider Name | Relationship To Issuer | Transaction Date | Amount Of Securities | Acquired Or Disposed | Securities Owned Following Transaction |
|---|---|---|---|---|---|
| HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | 2025-10-15 | 1 | A | 1,162,544 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | 2025-10-14 | 1 | A | 1,162,543 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | 2025-10-13 | 1 | A | 1,162,542 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | 2025-10-10 | 1 | A | 1,162,541 |
| HORIZON KINETICS ASSET MANAGEMENT LLC | 10% owner | 2025-10-09 | 1 | A | 1,162,540 |
| Name Of Reporting Person | Report Date | State | Transaction Type | Transaction Date | Owner Type | Amount |
|---|---|---|---|---|---|---|
| Lisa McClain | 2025-09-12 | MI09 | Sale | 2025-08-13 | Spouse | $1,001 - $15,000 |
| Lisa McClain | 2025-08-13 | MI09 | Purchase | 2025-07-22 | Spouse | $1,001 - $15,000 |
| Rob Bresnahan | 2025-05-08 | PA08 | Purchase | 2025-04-08 | — | $1,001 - $15,000 |
| Investor Name | Period Of Report | Market Value | Amount Of Securities | Price Per Security |
|---|---|---|---|---|
| BEACON INVESTMENT ADVISORY SERVICES, INC. | 2025-09-30 | 347,315 | 372 | 933.6425 |
| Capital Advisors, Ltd. LLC | 2025-09-30 | 10,000 | 11 | 909.0909 |
| City State Bank | 2025-09-30 | 243,680 | 261 | 933.6398 |
| Litman Gregory Wealth Management LLC | 2025-09-30 | 471,489 | 505 | 933.6416 |
| Blue Trust, Inc. | 2025-09-30 | 27,218,406 | 29,153 | 933.64 |
| Registrant Name | Period Of Report | Fund Name | Fund Symbol | Amount Of Units | Value In Usd | Percentage Value Compared To Assets |
|---|---|---|---|---|---|---|
| TRUST FOR PROFESSIONAL MANAGERS | 2025-08-31 | Column Mid Cap Fund | CFMCX | 495 | 462,072.6 | 0.0464 |
| Pacer Funds Trust | 2025-07-31 | Pacer US Large Cap Cash Cows Growth Leaders ETF | COWG | 6,547 | 6,338,347.11 | 0.2726 |
| Pacer Funds Trust | 2025-07-31 | Pacer Trendpilot US Large Cap ETF | PTLC | 1,200 | 1,161,756 | 0.0348 |
| Pacer Funds Trust | 2025-07-31 | Pacer S&P 500 Quality FCF Aristocrats ETF | LCOW | 39 | 37,757.07 | 0.3105 |
| Pacer Funds Trust | 2025-07-31 | Pacer Metaurus US Large Cap Dividend Multiplier 400 ETF | QDPL | 338 | 327,227.94 | 0.0301 |