Texas Pacific Land Corporation(TPL) Stock Research - Grey Stern Research

Texas Pacific Land Corporation (TPL) Stock Analysis

$818.85 (1.40%)

TPL Financial Performance


Use the table below to view Texas Pacific Land Corporation's financial profile. This data is gathers from the latest available financial statements. Annual data is taken from the trailing 12 months of statements. All numbers are reported in US Dollars and so any foreign currencies are converted to USD so comparison's can be done.

Based on Financial Statements from Q1 - 2024

Metric Value Ranking among Peers
Price $807.56 -
52 Week Low $467.62 -
52 Week High $834.52 -
Market Cap $18.6 Billion 5/20
Gross Margin 92% 1/20
Profit Margin 66% 2/20
EBITDA margin 80% 2/20
Q1 - 2024 Revenue $174.1 Million 17/20
Q1 - 2024 Earnings $114.4 Million 10/20
Q1 - 2024 Free Cash Flow $145.0 Million 8/20
Trailing 4 Quarters Revenue $659.4 Million 17/20
Trailing 4 Quarters Earnings $433.5 Million 12/20
Quarterly Earnings Growth 32% 2/20
Annual Earnings Growth 12% 2/20
Quarterly Revenue Growth 19% 5/20
Annual Revenue Growth 9% 4/20
Cash On Hand $837.1 Million 5/20
Short Term Debt $23.3 Million 19/20
Long Term Debt $42.0 Million 20/20

Texas Pacific Land Corporation Financial Metrics


Financial metrics are a set of useful numbers that can give key performance indicators of a company. The various metrics can include information about profitability, growth, and debt load. When combined and use properly they can tell an analyst a compelling fact-based story of how the company is currently performing. To compare Texas Pacific Land Corporation's metrics versus it's peers make sure to run our peer analysis tool.

Valuation Metrics

Metric Value Ranking among Peers
PE 42.83 2/20
PS 28.16 1/20
PB 16.54 1/20
PC 22.18 16/20
Liabilities to Equity 0.12 18/20
ROA 0.34 2/20
ROE 0.39 3/20
Current Ratio 9.21 3/20
Quick Ratio 6.12 2/20
Long Term Debt to Equity -0.04 20/20
Debt to Equity 0.00 19/20
Burn Rate -6.87 18/20
Cash to Cap 0.05 3/20
CCR 1.27 9/20
EV to EBITDA 126.74 2/20
EV to Revenue 26.89 1/20

Company Details

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own 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 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

CEO: Mr. Tyler Glover

Website: https://www.texaspacific.com

Address: 1700 Pacific Ave Ste 2900 Dallas, TEXAS

Exchange: New York Stock Exchange

Industry: Oil & Gas E&P

Texas Pacific Land Corporation Peer Analysis


A useful and more reliable way of seeing the health of a company is to compare it to other companies operating in the same sector. Below is our list of companies which we rank are the closest peers to Texas Pacific Land Corporation. If you feel that peers should be added or removed from this list please contact us. To run an in-depth peer analysis which compares many financial metrics click on the link below.

Stock Ticker Market Cap
ConocoPhillips COP $129.1 Billion
Chesapeake Energy Corporation CHK $10.2 Billion
APA Corporation APA $11.6 Billion
Hess Corporation HES $46.3 Billion
Antero Resources Corporation AR $9.2 Billion
Pioneer Natural Resources Company PXD $63.0 Billion
Callon Petroleum Company CPE $2.4 Billion
Range Resources Corporation RRC $7.7 Billion
Diamondback Energy, Inc. FANG $35.8 Billion
California Resources Corporation CRC $4.6 Billion
EQT Corporation EQT $20.4 Billion
Matador Resources Company MTDR $7.7 Billion
Comstock Resources, Inc. CRK $3.0 Billion
Earthstone Energy, Inc. ESTE $3.0 Billion
Black Stone Minerals, L.P. BSM $3.2 Billion
Dorchester Minerals, L.P. DMLP $1.2 Billion
Kimbell Royalty Partners, LP KRP $2.0 Billion
Magnolia Oil & Gas Corporation MGY $4.8 Billion
Civitas Resources, Inc. CIVI $7.1 Billion
Run Peer Analysis
Income Statement
Balance Sheet
Cash Flow Statement
TPL Income Statements
Quarter Year Revenue Earnings
Q1 2024 $ 174.1 Million $114.4 Million
Q4 2023 $ 166.7 Million $113.1 Million
Q3 2023 $ 158.0 Million $105.6 Million
Q2 2023 $ 160.6 Million $100.4 Million
Q1 2023 $ 146.4 Million $86.6 Million
Q4 2022 $ 152.7 Million $99.7 Million
Q3 2022 $ 191.1 Million $129.8 Million
Q2 2022 $ 176.3 Million $118.9 Million

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TPL Balance Sheets
Quarter Year Cash & Equivalents Total Assets Total Debt Total Equity
Q1 2024 $837.1 Million $1.3 Billion $0 $1.1 Billion
Q4 2023 $725.2 Million $1.2 Billion $1.2 Million $1.0 Billion
Q3 2023 $654.2 Million $1.1 Billion $0 $964.6 Million
Q2 2023 $609.3 Million $1.0 Billion $0 $887.6 Million
Q1 2023 $590.6 Million $955.3 Million $0 $829.1 Million
Q4 2022 $510.8 Million $877.4 Million $2.0 Million $772.9 Million
Q3 2022 $446.6 Million $829.0 Million $0 $721.2 Million
Q2 2022 $389.8 Million $764.7 Million $0 $645.3 Million

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TPL Cash Flow Statements
Quarter Year freeCashFlow capitalExpenditure netChangeInCash
Q1 2024 $145.0 Million -$2.2 Million $106.6 Million
Q4 2023 $107.0 Million -$4.4 Million $71.0 Million
Q3 2023 $11.6 Million $0 $11.6 Million
Q2 2023 $78.9 Million -$5.6 Million $14.1 Million
Q1 2023 $113.0 Million -$1.7 Million $80.2 Million
Q4 2022 $126.3 Million -$6.2 Million $70.6 Million
Q3 2022 $126.7 Million $7.5 Million $56.8 Million
Q2 2022 $96.6 Million $8.9 Million -$117.6 Million

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