Texas Pacific Land/$TPL
1D1W1MYTD1Y5YMAX
Capital at risk
About Texas Pacific Land
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
- Ticker
- $TPL
- Sector
- Energy
- Primary listing
- NYSE
- Employees
- 114
- Headquarters
- Dallas, United States
- Website
- www.texaspacific.com
TPL Metrics
BasicAdvanced
$24B
43.50
$7.84
0.63
$2.33
0.70%
Price and volume
Market cap
$24B
Beta
0.63
52-week high
$1,048.88
52-week low
$280.95
Average daily volume
392K
Dividend rate
$2.33
Financial strength
Current ratio
4.552
Quick ratio
4.498
Long term debt to equity
0.009
Total debt to equity
0.011
Dividend payout ratio (TTM)
28.95%
Interest coverage (TTM)
253.86%
Profitability
EBITDA (TTM)
741.585
Gross margin (TTM)
93.34%
Net profit margin (TTM)
60.32%
Operating margin (TTM)
75.10%
Effective tax rate (TTM)
20.87%
Revenue per employee (TTM)
$7,870,000
Management effectiveness
Return on assets (TTM)
25.81%
Return on equity (TTM)
36.57%
Valuation
Price to earnings (TTM)
43.504
Price to revenue (TTM)
26.204
Price to book
14.07
Price to tangible book (TTM)
14.34
Price to free cash flow (TTM)
309.469
Free cash flow yield (TTM)
0.32%
Free cash flow per share (TTM)
1.102
Dividend yield (TTM)
0.68%
Forward dividend yield
0.70%
Growth
Revenue change (TTM)
20.82%
Earnings per share change (TTM)
17.31%
3-year revenue growth (CAGR)
11.31%
10-year revenue growth (CAGR)
31.14%
3-year earnings per share growth (CAGR)
9.28%
10-year earnings per share growth (CAGR)
31.18%
3-year dividend per share growth (CAGR)
17.86%
10-year dividend per share growth (CAGR)
52.04%
What the Analysts think about TPL
Analyst ratings (Buy, Hold, Sell) for Texas Pacific Land stock.
Analyst projections of the future price of Texas Pacific Land stock.
Bulls say / Bears say
TPL shares have more than tripled year-to-date, giving the company a market capitalization of nearly $40 billion as of April 23, 2026, reflecting strong investor confidence in its asset portfolio and growth prospects (Bloomberg Línea).
Total revenue for Q1 2026 rose 21% year-over-year to $236.8 million, driven by oil and gas royalty revenue of $118.2 million and $20.9 million in land sales linked to a large-scale data center project (Reuters).
Adjusted EBITDA in Q1 2026 increased to $181.4 million, up from $169.4 million a year earlier, underscoring the company’s high-margin, capital-light business model (Reuters).
Q1 2026 adjusted EBITDA of $181.4 million fell short of analysts’ expectations of $204.5 million, indicating potential operational pressures and reduced leverage to commodity price upside (Reuters).
The average realized price per barrel of oil equivalent in Q1 2026 declined 11% year-over-year to $37.06, exposing the company’s revenue to commodity price volatility (Reuters).
As a Permian-focused land and royalty company, TPL’s revenue remains highly concentrated in a single basin, potentially magnifying the impact of regional production slowdowns or regulatory hurdles on its financial performance (Reuters).
Data summarised monthly by Lightyear AI. Last updated on 8 Sept 2026.
TPL Financial Performance
Revenues and expenses
TPL Earnings Performance
Company profitability
Upcoming events
No upcoming events
TPL News
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Funds containing TPL
AllUSDEURGBP
Fund name | Fund size | $TPL weighting |
|---|---|---|
iShares Oil & Gas Exploration & Production$IOGP | $438M | 2.71% |
iShares Oil & Gas Exploration & Production€IOGP | €376M | 2.71% |
iShares Oil & Gas Exploration & Production£SPOG | £323M | 2.71% |
iShares S&P 500 Energy Sector$IUES | $1.8B | 0.87% |
iShares S&P 500 Energy Sector€QDVF | €1.5B | 0.87% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.


