TPL
DependentTexas Pacific Land Corporation
$416.77
+1.65%
as of 13 Apr
Power Core
Moat in one sentence: TPL's moat is the irreversible ownership of 880,000 acres in the world's most productive oil basin, acquired at zero cost basis and monetized through perpetual royalty, easement, and water rights that no competitor can replicate or circumvent.
Direction of Movement
Compounding Upward on Geological and Strategic Tailwinds
ROC 200
+21.9%
TPL
Texas Pacific Land Corporation
$416.77
+1.65%
as of 13 Apr
DCF Fair Value: $298.44
Market data unavailable
Company Profile
Texas Pacific Land Corporation is a publicly traded real estate operating company headquartered in Dallas, Texas. It manages extensive land holdings primarily in West Texas, focusing on two core business segments: Land and Resource Management and Water Services and Operations. The Land and Resource Management segment oversees approximately 873,000 surface acres and 207,000 net royalty acres, mainly in the Permian Basin, generating revenue from oil and gas royalties, easements for pipelines, power lines, utilities, and subsurface wellbores, as well as commercial leases for processing facilities, storage, compression, roads, material sales, and renewables. The Water Services and Operations segment, operated through its wholly-owned subsidiary Texas Pacific Water Resources, LLC, provides full-service water solutions to operators in the Permian Basin, including brackish water sourcing, produced water treatment, infrastructure development, disposal, and recycling essential for hydraulic fracturing. Texas Pacific Land Corporation plays a vital role in supporting energy sector activities by monetizing its land assets across the oil and gas value chain while promoting sustainable resource management.