(TPL) Texas Pacific Land Trust - Ratings and Ratios

Texas Pacific Land Trust operates as a land and resource management company, with a significant presence in the western part of Texas, where it owns a substantial portfolio of land and mineral interests. The company's holdings include a 1/128th nonparticipating perpetual oil and gas royalty interest under approximately 85,000 acres of land, as well as a 1/16th nonparticipating perpetual oil and gas royalty interest under around 371,000 acres of land. Additionally, it has approximately 4,000 net royalty acres, bringing the total to around 195,000 net royalty acres. This vast landholding provides the company with a diverse range of opportunities for revenue generation, including oil and gas production, land leasing, and sales of various materials.

The company's Land and Resource Management segment is responsible for overseeing the surface acres of land and oil and gas royalty interests in West Texas. This involves managing easements for various purposes, such as transporting oil, gas, and related hydrocarbons, as well as power lines and utility infrastructure. The segment also leases land for a range of activities, including processing, storage, and compression facilities, and roads. Furthermore, it is involved in the sale of materials like caliche, sand, and other substances, and occasionally sells land to third parties. By leveraging its extensive landholdings, the company can capitalize on the growing demand for energy resources and infrastructure in the region.

Texas Pacific Land Trust's Water Services and Operations segment provides a comprehensive suite of water-related services to operators in the Permian Basin. This includes sourcing water, treating produced water, developing infrastructure, and disposing of wastewater. The company also holds produced water royalties, which generate additional revenue streams. By offering these services, the company plays a critical role in supporting the oil and gas production activities in the region, while also generating significant revenue for itself. With its long history dating back to 1888, Texas Pacific Land Trust has established itself as a reputable player in the land and resource management, and water services and operations businesses, with a strong presence in the western part of Texas.

As a company listed on the New York Stock Exchange (NYSE) under the ticker symbol TPL, Texas Pacific Land Trust is committed to delivering value to its shareholders. With its diverse range of businesses and extensive landholdings, the company is well-positioned to capitalize on the growing demand for energy resources and infrastructure in the region. For more information about the company, investors can visit its website at https://www.texaspacific.com. The company's common stock is classified under the GICS Sub Industry: Oil & Gas Exploration & Production, and its ISIN is US88262P1021.