Texas Pacific Land Trust
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26.94B
Market cap
60.23x
Current P/E
37.74x
Forward P/E
About
Energy
Sector
Oil & Gas Exploration & Production
Industry
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.
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