Texas Pacific Land Corporation (TPL) Price and Market Data

Texas Pacific Land Corporation is primarily engaged in land sales and leasing, the retention of oil and gas royalties, and the overall management of its land holdings. The company operates through two reportable segments: Land and Resource Management and Water Services and Operations. Its largest revenue-generating segment, Land and Resource Management, focuses on overseeing its extensive surface acreage and oil and gas royalty interests, mainly located in the Permian Basin. Revenue in this segment is derived from oil and gas royalties, easements and commercial leases, as well as land and material sales. The Water Services and Operations segment provides a full-service water offering to operators in the Permian Basin.