Texas Pacific Land Corporation (TPL)
Texas Pacific Land is a unique business that owns vast stretches of land in West Texas, making money by leasing it to oil and gas companies.
Is Texas Pacific Land Corporation a good stock for a UK beginner?
The honest version: Texas Pacific Land is a unique business that owns vast stretches of land in West Texas, making money by leasing it to oil and gas companies.
Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.
Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.
Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.
Successful diversification into water services and other land uses.
A major shift away from fossil fuels reducing land value.
What does Texas Pacific Land Corporation do?
Think of this company as a landlord for the energy industry; it owns massive amounts of land in the Permian Basin, the heart of American oil production. Instead of drilling for oil itself, it collects royalties and fees from the energy firms that do the heavy lifting on its property. Its income rises and falls with how much oil and gas activity happens on its land, tied directly to the success of those energy producers.
On our factor screen it looks strongest on quality and growth, and weakest on value.
- ✓Pays a dividend - about 0.6% a year
- ✓Growing - revenue up about 21% over the year
- ✓Very profitable - turns about 60% of sales into profit
- !High P/E of 54 - big growth is already priced in
- ✓Low debt - a sturdier balance sheet
- ✓Strong return on shareholder money (ROE 36%)
- Quality screens high (94/100)
- Extremely high profit margins due to the nature of land ownership.
- Low operational costs compared to traditional energy companies.
- Significant control over a prime location for energy production.
- Value screens low (22/100)
- Fluctuations in global oil prices directly impact revenue.
- Changes in environmental regulations could limit drilling on their land.
- Concentration risk as the business is tied to one specific geographic region.
What do Texas Pacific Land Corporation's numbers mean?
How much money does Texas Pacific Land Corporation make?
Revenue and profit by quarter, and how much of each sale turns into profit.
Does Texas Pacific Land Corporation pay a dividend?
Yes - Texas Pacific Land Corporation currently pays a dividend of about 0.6% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.
When does Texas Pacific Land Corporation report earnings, and how did recent quarters go?
Texas Pacific Land Corporation is next scheduled to report on about 2026-08-05 - dates can move, and we don't predict results; this just tells you when to look.
Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.
| Reported | Expected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number. | Actual EPS | vs expected |
|---|---|---|---|
| 2026-05-06 | $2.02 | $2.07 | Beat +2% |
| 2026-02-18 | $3.60 | $1.79 | Missed -50% |
| 2025-11-05 | $1.92 | $1.76 | Missed -9% |
| 2025-08-06 | $2.32 | $1.68 | Missed -27% |
| 2024-08-07 | $1.79 | $1.66 | Missed -7% |
| 2024-05-08 | $1.45 | $1.66 | Beat +15% |
Across the last 6 quarters here, Texas Pacific Land Corporation came in ahead of what analysts expected 2 times. One quarter is noise, not a trend.
See who else reports over the next two weeks →
Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.
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Kinder Morgan, Inc.What are the scenarios for Texas Pacific Land Corporation?
An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.
What are the pros and cons of Texas Pacific Land Corporation?
How many points the write-up makes each way — a balance check, not a score or verdict.
- Extremely high profit margins due to the nature of land ownership.
- Low operational costs compared to traditional energy companies.
- Significant control over a prime location for energy production.
- High valuation metrics suggest investors have high expectations.
- Heavy reliance on the cyclical oil and gas industry.
- Limited diversification outside of the energy sector.
- Fluctuations in global oil prices directly impact revenue.
- Changes in environmental regulations could limit drilling on their land.
- Concentration risk as the business is tied to one specific geographic region.
The write-up's own warning lights — if these start happening, the case above changes.
- A permanent, sharp decline in global demand for oil.
- The company losing legal title or rights to its land holdings.
Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →
This plain-English summary was auto-generated on 2026-08-01 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.