More about Texas Pacific Land Corporation
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Fundamentals for Texas Pacific Land Corporation
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Fundamentals for Texas Pacific Land Corporation
Business Operations:
Sector: EnergyIndustry: Oil & Gas E&P
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. The company owns 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 33,000 additional net royalty acres, total of approximately 224,000 NRA located in the Permian Basin. The company was founded in 1888 and is headquartered in Dallas, Texas.
Revenue projections:
TPL's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 4.39800 |
|---|---|
| forwardPE | 6.00588 |
| debtToEquity | 1.21900 |
| earningsGrowth | 0.04300 |
| revenueGrowth | 0.13900 |
| grossMargins | 0.93294 |
| operatingMargins | 0.70641 |
| trailingEps | 6.99000 |
| forwardEps | 73.12000 |
Texas Pacific Land Corporation's current ratio is 4.398, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting Texas Pacific Land Corporation has no trouble covering its short-term financial obligations.
Positive gross and operating margins for TPL suggest that the company is operating profitably. These margins highlight TPL's efficiency in managing costs while maintaining healthy revenue streams, contributing to its overall financial strength.
Texas Pacific Land Corporation's forward EPS is higher than its trailing EPS, which signals that the company is expected to achieve greater profitability this financial year. This suggests improved earnings performance, indicating a positive outlook for Texas Pacific Land Corporation's financial growth.
Price projections:
Insider Transactions:
In recent market activity, 3 sales of Texas Pacific Land Corporation shares took place, with market price at 450.7390848795573.155 transactions to buy TPL occurred, with market price at 357.40537995369203.Texas Pacific Land Corporation's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.
Recommendation changes over time:
Texas Pacific Land Corporation has received a mixed set of ratings from analysts, with no clear buy or sell recommendations. This ambiguity points to an uncertain market outlook, prompting investors to seek out other financial indicators to guide their investment strategies.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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