Texas Pacific Land Trust

Company Profile

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.

Stock update

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

40.9836

Trailing PE

32.2559

PEG

0

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

$-27654000.00

Capital Expenditure

$5.59 million

Dividend Payout Ratio

23.58%

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

$1811.06

52-Week High

$2719.7886

52-Week Low

$1264.0916

Analyst Target Price

$2060.5

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.