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Texas Pacific Land Corporation

$389.79
Market Cap 26.87B
ROE 35.5%
Gross Margin 86.6%
Debt/Equity 0.0
Current Ratio 4.2
Revenue QoQ 20.8%
EPS QoQ 0.2%
F-Score 6

About

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 873,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership provide revenue opportunities throughout the life cycle of a well. These revenue opportunities include fixed fee payments for use of our land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and/or treated produced water, revenue from our oil and gas royalty interests, and revenues related to saltwater disposal on our land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. Visit TPL at texaspacific.com.

Exchange
NYSE
Sector
Energy
Industry
Oil & Gas E&P

Sector context

Energy

Overvalued

Trading at a discount to sector peers

P/E
55.68
vs median 32.43
P/B
18.02
vs median 1.62
ROE
0.36
vs median 0.05

Decent quality with acceptable fundamentals

Large-cap company with established market presence

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