The upcoming earnings report for TPL is scheduled for Tuesday, May 5th, with a consensus estimate EPS of 2.03.
Texas Pacific Land Corporation (TPL) is currently priced at $435.78, experiencing a slight decrease of $1.12 (-0.256%) from the previous close. Notably, the trading volume is 10.93% above the average, with a trading volume of $60,878.
TPL has shown a price decrease streak over three consecutive days, with a total absolute change of $-3.72 (-0.85%) since it started at $439.5.
In the latest quarterly earnings report on Tuesday, February 17th, TPL had a consensus estimate EPS of 1.73.
TPL offers a forward dividend yield of 0.551% and distributes dividends at a rate of 60 cents per share MRQ, with a decrease of -63.3028 cents YoY.
The company reported a free cash flow of $85 million, while the net change in cash for the period was -$386.40 million.
TPL's net income for the period was $123.35 million, with an EPS of $1.79.
Key ratios for TPL include a net profit margin of 58.3%, return on equity of 8.45%, and a price-to-earnings ratio of 40.14.
TPL's total assets amount to $1.62 billion, with total liabilities at $164.37 million, resulting in a net debt of -$112.46 million.
This comprehensive financial report provides insights into TPL's current performance and financial health.
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 approximately 880,000 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, disposal solutions, water tracking, analytics, and well testing services 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.