General information

Texas Pacific Land Trust engages in the provision of management of land. The company is headquartered in Dallas, Texas and currently employs 71 full-time employees. The firm operates through managing the land segment, which includes sales and leases of such land, and the retention of oil and gas royalties. The Trust derives revenue from all avenues of managing the land, such as oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. The Trust has a perpetual oil and gas royalty interest in 459,200 acres. As of December 31, 2016, the Trust owned the surface estate in approximately 887,553 acres of land, consisting of numerous separate tracts, located in 18 counties in the western part of Texas. As of December 31, 2016, the Trust also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas.
  • Dividend yield for the last twelve months 1.9%
  • Free cash flow yield 2.0% (LTM)
  • Share price is 443.7% higher than minimum and 8.6% lower than maximum for the last 3 years
  • The company is overvalued by EV / LTM EBITDA multiple compared to target level (23.7x vs
    )

Key Financials (Download financials)

Ticker: TPL
Share price, USD:  (-3.9%)1676.44
year average price 1349.22  


year start price 1449.16 2021-08-16

min close price 999.24 2022-02-22

max close price 1833.85 2022-07-29

current price 1676.44 2022-08-13
Common stocks: 7 756 160

Dividend Yield:  1.9%
FCF Yield LTM: 2.0%
EV / LTM EBITDA: 23.7x
Target EV / EBITDA (hist percentile):
EV / LTM EBITDA mutiple calculation
Market Cap ($m): 13 003
Net Debt ($m): -390
EV (Enterprise Value): 12 613
EBITDA LTM ($m): 532
EV / LTM EBITDA: 23.7x
Price to Book: 20.11x

Short interest: 3.0%

Revenue and EBITDA

Quarterly values ($m)

Change (y/y)

Cash Flow

FCF / Free Cash Flow ($m)

Net Debt / Cash and Equivalents ($m)

Share price and dividends (Download history)

Share price

Payment USD per share

Multiple and potential

EV / LTM EBITDA and 75% percentile

Potential dynamics

News


2022-08-04Seeking Alpha

Texas Pacific Land Corporation (TPL) CEO Tyler Glover on Q2 2022 Results - Earnings Call Transcript

2022-07-14Zacks Investment Research

3 Top Stocks to Bet on for Superb Earnings Growth

2022-06-27Zacks Investment Research

Texas Pacific (TPL) Soars 4.2%: Is Further Upside Left in the Stock?

2022-06-08The Motley Fool

These Dividend Stocks Can Double Your Money in Under 5 Years

2022-05-05Seeking Alpha

Texas Pacific Land Corp (TPL) CEO Tyler Glover on Q1 2022 Results - Earnings Call Transcript

2022-05-04Zacks Investment Research

Texas Pacific (TPL) Misses Q1 Earnings and Revenue Estimates

2022-04-18Business Wire

Texas Pacific Land Corporation Sets Dates for First Quarter 2022 Earnings Release and Conference Call

2022-03-17Seeking Alpha

Texas Pacific: Full Value

2022-02-24Seeking Alpha

Texas Pacific Land Corporation (TPL) CEO Ty Glover on Q4 2021 Results - Earnings Call Transcript

2022-02-23Zacks Investment Research

Texas Pacific (TPL) Q4 Earnings Lag Estimates
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