839.63000 USD
0.99
0.12%
Last update Dec 15, 3:59 PM EST
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Day range
812
845.92999
Previous close
838.64001
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844.66998
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Texas Pacific Land Corporation
839.63
0.99
0.12%

Overview

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Description

Texas Pacific Land Corporation operates as one of the largest private landowners in the state of Texas. Primarily recognized for its real estate interests, the company oversees millions of acres of land distributed predominantly in the western part of the state. The corporation's core operations center around land and resource management, particularly focusing on oil and gas royalties due to the rich natural resources present on its properties. With extensive holdings in the Permian Basin, a crucial area for energy production, Texas Pacific Land Corporation plays a vital role in the U.S. oil and gas industry. In addition to its resource-oriented arm, the corporation generates revenue through land sales, commercial leases, and easements. Texas Pacific Land Corporation significantly impacts sectors like energy, agriculture, and real estate, reflecting its diverse asset utilization strategy. The company is instrumental in facilitating infrastructure development and contributing to the economic fabric of the region. Since its establishment, Texas Pacific Land Corporation has demonstrated a unique business model by leveraging natural resources and land management expertise to maintain a significant presence in the financial market and the energy sector.

About

CEO
Mr. Tyler Glover
Employees
111
Address
2699 Howell Street
Suite 800
Dallas, 75204, TX
United States
Phone
214-969-5530
Instrument type
Trust
Sector
Energy
Industry
Oil & Gas E&P
Country
United States
MIC code
XNYS
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