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Upturn stock ratingUpturn stock rating
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Texas Pacific Land Trust (TPL)

Upturn stock ratingUpturn stock rating
$1055.44
Last Close (24-hour delay)
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PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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  • ALL
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Upturn Advisory Summary

06/27/2025: TPL (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

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Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Number of Analysts

rating

0 Analysts rated it

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Year Target Price $565.13

Year Target Price $565.13

Analyst’s Price TargetsFor last 52 week
$565.13Target price
Low$721.85
Current$1055.44
high$1762.86

Analysis of Past Performance

Type Stock
Historic Profit 101.75%
Avg. Invested days 41
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 5.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/27/2025

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 24.26B USD
Price to earnings Ratio 52.9
1Y Target Price 565.13
Price to earnings Ratio 52.9
1Y Target Price 565.13
Volume (30-day avg) -
Beta 1.13
52 Weeks Range 721.85 - 1762.86
Updated Date 06/29/2025
52 Weeks Range 721.85 - 1762.86
Updated Date 06/29/2025
Dividends yield (FY) 0.61%
Basic EPS (TTM) 19.95

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 63.24%
Operating Margin (TTM) 76.69%

Management Effectiveness

Return on Assets (TTM) 26.72%
Return on Equity (TTM) 39.52%

Valuation

Trailing PE 52.9
Forward PE 37.74
Enterprise Value 23892361353
Price to Sales(TTM) 33.34
Enterprise Value 23892361353
Price to Sales(TTM) 33.34
Enterprise Value to Revenue 32.83
Enterprise Value to EBITDA 40.74
Shares Outstanding 22987300
Shares Floating 19331881
Shares Outstanding 22987300
Shares Floating 19331881
Percent Insiders 0.85
Percent Institutions 71.08

Analyst Ratings

Rating -
Target Price 565.13
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold -
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Texas Pacific Land Trust

stock logo

Company Overview

overview logo History and Background

Texas Pacific Land Trust (TPL) was established in 1888 following the bankruptcy of the Texas Pacific Railway. Initially formed to liquidate land assets to pay off bondholders, it transitioned into managing and monetizing those assets. Over time, TPL has evolved into a significant landowner in West Texas, benefiting from oil and gas development, water resources, and easements.

business area logo Core Business Areas

  • Oil and Gas Royalties: Receives royalties from oil and gas production on its land. This is their primary revenue driver. They lease the land to oil and gas companies for extraction.
  • Land Sales: Sells portions of its land holdings for various uses, including development, agriculture, and conservation.
  • Easements and Surface Leases: Grants easements for pipelines, roads, and other infrastructure, and leases surface rights for various activities, including livestock grazing and wind energy.
  • Water Resources: Manages and sells water rights and resources on its land.

leadership logo Leadership and Structure

The company is managed by a board of trustees. The CEO oversees day-to-day operations. The organizational structure focuses on land management, oil and gas royalties, and business development.

Top Products and Market Share

overview logo Key Offerings

  • Oil and Gas Royalties: Royalties generated from oil and gas production on TPL land. Revenue is heavily influenced by commodity prices and production volumes. No direct market share data, but a significant portion of Permian Basin production occurs on TPL land. Competitors are other large landowners in the Permian Basin, such as mineral rights owners and other land trusts.
  • Land Sales: Sale of land parcels for various purposes. Revenue varies depending on the size and location of parcels sold. No publicly available market share data. Competitors are other landowners and real estate developers in the region.
  • Water Resources: Sale of water and water rights. Revenue is dependent on water availability and demand. No publicly available market share data. Competitors are other water rights holders and water suppliers in the region.

Market Dynamics

industry overview logo Industry Overview

The industry is driven by oil and gas exploration and production in the Permian Basin. Landowners play a crucial role in facilitating energy development and providing access to resources. Water scarcity is also an increasing concern, creating opportunities for water resource management.

Positioning

TPL is a major landowner in the Permian Basin, giving it significant leverage in negotiations with oil and gas companies. Its long-term ownership of land provides a competitive advantage over short-term players.

Total Addressable Market (TAM)

The TAM for Permian Basin royalties, land sales, and water resources is estimated to be multi-billion USD annually. TPL is well-positioned to capture a significant portion of this market due to its large land holdings.

Upturn SWOT Analysis

Strengths

  • Large land holdings in the Permian Basin
  • Significant oil and gas royalty income
  • Strong balance sheet with minimal debt
  • Experienced management team
  • Water resources ownership

Weaknesses

  • Concentration of assets in the Permian Basin
  • Reliance on commodity prices
  • Potential for environmental liabilities
  • Limited diversification outside of land management
  • Complex regulatory environment

Opportunities

  • Increased oil and gas production in the Permian Basin
  • Growing demand for water resources
  • Expansion into renewable energy development
  • Acquisition of additional land holdings
  • Potential for mineral exploration beyond oil and gas

Threats

  • Decline in oil and gas prices
  • Increased environmental regulations
  • Competition from other landowners
  • Water scarcity and drought conditions
  • Political and regulatory uncertainty

Competitors and Market Share

competitor logo Key Competitors

  • Mineral Acquisition Partners (No public symbol)
  • Viper Energy Partners (VNOM)
  • Black Stone Minerals (BSM)

Competitive Landscape

TPL's large land holdings give it a significant advantage over smaller competitors. However, larger mineral rights companies may have greater financial resources for acquisitions.

Major Acquisitions

Subtotal Minerals

  • Year: 2023
  • Acquisition Price (USD millions): 403
  • Strategic Rationale: Increased ownership of minerals and royalty interest in the Delaware Basin in Texas.

Growth Trajectory and Initiatives

Historical Growth: TPL has experienced significant growth in recent years, driven by increased oil and gas production in the Permian Basin.

Future Projections: Analysts project continued growth in revenue and earnings, driven by increasing oil and gas production and potential for water resource development.

Recent Initiatives: Recent initiatives include focusing on water resource management, expanding its land holdings, and investing in infrastructure development.

Summary

Texas Pacific Land Trust is a strong company with significant assets in the Permian Basin. Its primary strength lies in its vast land holdings and the royalties generated from oil and gas production. While reliant on commodity prices, TPL's strong balance sheet and strategic initiatives position it well for future growth. They need to be aware of environmental regulations.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Company Filings (SEC)
  • Analyst Reports
  • Industry Publications
  • Company Website
  • Market Data Providers

Disclaimers:

This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on your own research and due diligence. Market data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Texas Pacific Land Trust

Exchange NYSE
Headquaters Dallas, TX, United States
IPO Launch date 1987-12-31
President, CEO & Trustee Mr. Tyler Glover
Sector Energy
Industry Oil & Gas E&P
Full time employees 111
Full time employees 111

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 16,000 additional net royalty acres, total of approximately 207,000 NRA located in the Permian Basin. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.