Texas Pacific Land Corp TPL
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
Trading Information
- Previous Close Price
- $325.83
- Day Range
- $325.22–338.29
- 52-Week Range
- $269.23–547.20
- Bid/Ask
- $325.25 / $339.00
- Shares Outstanding
- 68.97M
- Market Cap
- $23.21B
- Volume/Avg
- 349,009 / 371,976
Key Statistics
- Price/Earnings (Normalized)
- 42.88
- Price/Sales
- 25.87
- Dividend Yield (Trailing)
- 0.69%
- Dividend Yield (Forward)
- 0.71%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 0.73%
Company Profile
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 114
- Website
- https://www.texaspacific.com
Valuation
|
Metric
|
TPL
|
|---|---|
Price/Earnings (Normalized) | 42.88 |
Price/Book Value | 13.88 |
Price/Sales | 25.87 |
Price/Cash Flow | 37.73 |
Price/Earnings
TPL
Financial Strength
|
Metric
|
TPL
|
|---|---|
Quick Ratio | 4.54 |
Current Ratio | 4.60 |
Interest Coverage | — |
Quick Ratio
TPL
Profitability
|
Metric
|
TPL
|
|---|---|
Return on Assets (Normalized) | 33.97% |
Return on Equity (Normalized) | 37.76% |
Return on Invested Capital (Normalized) | 36.89% |
Return on Assets
TPL
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United States