TPL 📈 Texas Pacific Land Trust - Overview

Texas Pacific Land Trust is a unique company that has been in operation since 1888, with a diverse portfolio of businesses centered around land and resource management, as well as water services and operations. At its core, the company owns a significant amount of land in West Texas, totaling approximately 195,000 net royalty acres, which provides a foundation for its various business segments.

The Land and Resource Management segment is responsible for overseeing the company's vast surface acres of land, as well as its oil and gas royalty interests. This includes managing easements for various purposes, such as transporting oil, gas, and related hydrocarbons, as well as power lines and utility infrastructure. Additionally, the company leases its land for a range of activities, including processing, storage, and compression facilities, roads, and even sells land and materials like caliche, sand, and other resources.

The Water Services and Operations segment is focused on providing comprehensive water solutions to operators in the Permian Basin, including sourcing, treating, and disposing of produced water. This segment also holds produced water royalties, further diversifying the company's revenue streams. By offering a full suite of water services, Texas Pacific Land Trust is well-positioned to capitalize on the growing demand for water management solutions in the region.

Headquartered in Dallas, Texas, Texas Pacific Land Trust has a rich history and a strong foundation for future growth. With its diverse range of businesses and significant land holdings, the company is well-positioned to continue generating value for its stakeholders. For more information, visit their website at https://www.texaspacific.com.