Texas Pacific Land Trust

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Company Profile

Texas Pacific Land Trust engages in the management of land, including royalty interests, for the benefit of its owner. It operates through the Land and Resource Management and Water Service Operations segments. The Land and Resource Management segment is involved in the business of managing the land and related resources in West Texas owned by the Trust. The Water Service Operations segment Water Service and Operations segment primarily consists of revenues from royalties on sales of water, direct sales of water and to a lesser extent, easements and sundry income. The company was founded on February 1, 1888 and is headquartered in Dallas, TX.