Added to YB: 2024-12-04
Pitch date: 2024-12-02
TPL [neutral]
Texas Pacific Land Corporation
-44.2%
current return
Author Info
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Company Info
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.
Market Cap
$20.8B
Pitch Price
$1.5K
Price Target
N/A
Dividend
0.71%
EV/EBITDA
31.47
P/E
43.68
EV/Sales
26.23
Sector
Oil, Gas and Consumable Fuels
Category
dividend
Texas Pacific Land Corporation - $TPL
TPL (hold): Landowner in Permian Basin w/ 3 revenue streams: leasing, water sales, & oil royalties. No active drilling = safer. 93% gross margin, 65% profit margin. $534M cash, $1M debt. Dividend growth 8%, low buybacks. Overvalued but momentum strong. Hold due to geographic concentration risk.
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