Texas Pacific Land Corp.

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Miscellaneous » Investment Trusts Or Mutual Funds
HYG 0.19%87.010.0%$2164.13m
XLC 0.42%80.720.0%$394.04m
XLRE 0.32%47.840.0%$307.38m
IGSB 0.11%54.310.0%$167.85m
MBB 0.07%107.730.0%$157.74m
MUB 0.04%115.570.0%$149.64m
SPTL -0.17%41.100.0%$142.61m
SPLG 0.49%53.570.0%$138.57m
SPIB 0.14%36.280.0%$114.81m
FNGU 4.69%43.290.0%$109.82m
IGIB 0.12%59.530.0%$105.80m
ESGE 0.56%43.050.0%$104.62m
NRGU 4.75%214.950.0%$93.69m
VTEB -0.04%54.530.0%$91.42m
ESGU 0.48%104.510.0%$89.26m

Company Profile

Texas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The company also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. The company operates through following segment: Land and Resource Management and Water Services and Operations. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment offers operators an unparalleled breadth of service across the majority of the Permian Basin. The company was founded in April 2020 and is headquartered in Dallas, TX.