Texas Pacific Land Corp

Corporate Details

ISIN(s):

N/A

LEI:

Country:

United States of America

Address:

2699 HOWELL STREET, 75204 DALLAS

Website:

https://www.texaspacific.com/

Sector:

Mining and quarrying

Industry:

Extraction of natural gas

Description

Texas Pacific Land Corporation (TPL) is one of the largest landowners in Texas, with significant surface and royalty interests concentrated in the oil-rich Permian Basin. The company operates through two primary segments: Land and Resource Management, and Water Services and Operations. The Land and Resource Management segment generates revenue from oil and gas royalties, surface leases, easements, and land sales, capitalizing on energy development without direct capital expenditure on drilling. The Water Services and Operations segment provides comprehensive water solutions, including sourcing and infrastructure, primarily to the energy industry. As the corporate successor to the Texas Pacific Land Trust, formed in 1888, TPL leverages its extensive land assets to generate income across the oil and gas value chain.