Added to YB: 2026-03-03
Pitch date: 2026-03-01
TPL [neutral]
Texas Pacific Land Corporation
-35.4%
current return
Author Info
Company Info
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.
Market Cap
$23.5B
Pitch Price
$536.39
Price Target
N/A
Dividend
0.71%
EV/EBITDA
31.27
P/E
43.39
EV/Sales
25.89
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Two Companies Marked Safe from the SaaS Apocalypse - Texas Pacific Land Corporation
TPL (overview): 888K acres in Permian, majority checkerboard layout. Rev mix: 46% mineral royalties (volatile, depleting), 29% source water sales (tied to new drilling), 16% produced water royalties (higher quality, less drilling-dependent), 10% surface easements. Converted from 1888 trust to c-corp, shifted from passive check collector to active operator.
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