Texas Pacific Land Trust
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- Market Cap.:
- $13.38 billion
- Book Value:
- Revenue TTM:
- $650.79 million
- Operating Margin TTM:
- Gross Profit TTM:
- $649.90 million
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Texas Pacific Land Trust had its IPO on 1987-12-31 under the ticker symbol TPL.
The company operates in the Energy sector and Oil & Gas E&P industry. Texas Pacific Land Trust has a staff strength of 99 employees.
Shares of Texas Pacific Land Trust opened at $1771.92 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $1768.31 - $1825, and closed at $1811.06.
This is a +3.9% increase from the previous day's closing price.
A total volume of 23,441 shares were traded at the close of the day’s session.
In the last one week, shares of Texas Pacific Land Trust have slipped by -5.1%.
Texas Pacific Land Trust's Key Ratios
Texas Pacific Land Trust has a market cap of $13.38 billion, indicating a price to book ratio of 27.6918 and a price to sales ratio of 29.7792.
In the last 12-months Texas Pacific Land Trust’s revenue was $650.79 million with a gross profit of $649.90 million and an EBITDA of $526.25 million. The EBITDA ratio measures Texas Pacific Land Trust's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Texas Pacific Land Trust’s operating margin was 78.66% while its return on assets stood at 36.23% with a return of equity of 54.35%.
In Q2, Texas Pacific Land Trust’s quarterly earnings growth was a negative -15.1% while revenue growth was a negative 8.9%.
Texas Pacific Land Trust’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $54.04 per share while it has a forward price to earnings multiple of 40.9836 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Texas Pacific Land Trust’s profitability.
Texas Pacific Land Trust stock is trading at a EV to sales ratio of 29.527 and a EV to EBITDA ratio of 33.6465. Its price to sales ratio in the trailing 12-months stood at 29.7792.
Texas Pacific Land Trust stock pays annual dividends of $12.5 per share, indicating a yield of 0.75% and a payout ratio of 23.58%.
Balance sheet and cash flow metrics
- Total Assets
- $1.00 billion
- Total Liabilities
- $65.30 million
- Operating Cash Flow
- Capital Expenditure
- $5.59 million
- Dividend Payout Ratio
Texas Pacific Land Trust ended 2023 with $1.00 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $1.00 billion while shareholder equity stood at $887.55 million.
Texas Pacific Land Trust ended 2023 with $0 in deferred long-term liabilities, $65.30 million in other current liabilities, 78000.00 in common stock, $1.00 billion in retained earnings and $0 in goodwill. Its cash balance stood at $609.25 million and cash and short-term investments were $609.25 million. The company’s total short-term debt was $0 while long-term debt stood at $0.
Texas Pacific Land Trust’s total current assets stands at $867.55 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $120.77 million compared to accounts payable of $27.16 million and inventory worth $130.02 million.
In 2023, Texas Pacific Land Trust's operating cash flow was $-27654000.00 while its capital expenditure stood at $5.59 million.
Comparatively, Texas Pacific Land Trust paid $0.24 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Texas Pacific Land Trust stock is currently trading at $1811.06 per share. It touched a 52-week high of $2719.7886 and a 52-week low of $2719.7886. Analysts tracking the stock have a 12-month average target price of $2060.5.
Its 50-day moving average was $1659.82 and 200-day moving average was $1762.14 The short ratio stood at 11.02 indicating a short percent outstanding of 0%.
Around 80.8% of the company’s stock are held by insiders while 6241.8% are held by institutions.
Frequently Asked Questions About Texas Pacific Land Trust
Similar Industry Stocks (Oil & Gas E&P)
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 surface 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. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.