Texas Pacific Land Corp (TPL)
About Texas Pacific Land Corp
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.
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Financial summary
- Revenue FY2025
- $798.2M
- Net income
- $481.4M
- Total assets
- $1.6B
- Market cap
- $28.9B
Source: SEC EDGAR · updated Jun 7, 2026
15-minute delayed · data by Polygon.io
Past year · hover for prices
52-week range
- Market cap
- $28.9B
- Dividend yield
- 0.72%
- Shares outstanding
- 86.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Jun 1, 1972
Texas Pacific Land Corp (TPL) Stock Price
- Profitable — net income of $481.4M in FY2025.
- Trading 38% below its 52-week high.
- Pays a dividend yielding about 0.72% annually.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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Texas Pacific Land Corp: frequently asked questions
Is Texas Pacific Land Corp an American company?
Yes — Texas Pacific Land Corp is an American company. Texas Pacific Land Corp is incorporated in Delaware, United States and headquartered in Dallas, Texas. Its legal-entity record reports no foreign parent — the company is independently American-owned.
Where is Texas Pacific Land Corp incorporated?
Texas Pacific Land Corp is legally incorporated in Delaware, United States, according to its GLEIF legal-entity record.
Who owns Texas Pacific Land Corp?
Texas Pacific Land Corp reports no parent company in its legal-entity record — it is independently owned rather than a subsidiary.
Is Texas Pacific Land Corp traded on a US stock exchange?
Yes — Texas Pacific Land Corp trades under the ticker TPL on the NYSE.
Where is Texas Pacific Land Corp headquartered?
Texas Pacific Land Corp is headquartered in Dallas, Texas, United States.
Is Texas Pacific Land Corp publicly traded?
Yes — Texas Pacific Land Corp is a publicly traded company. Its stock trades under the ticker symbol TPL on the NYSE.
What does Texas Pacific Land Corp do?
Texas Pacific Land Corp is an American Financial Services company in the Business & Financial Services sector.