Revenue distribution by industry:

• Oil and gas license fees: approx. 70%
• Water resources and services: approx. 20%
• Land management and others: approx. 10%

TOP 3 markets and their percentage shares:

1. USA: approx. 90%
2. Canada: approx. 5%
3. Mexico: approx. 3%

Texas Pacific Land Corporation generates the majority of its revenue from oil and gas license fees, which is attributed to its extensive land holdings and the resources located on them. The US market dominates the revenue structure as most activities and land areas are in the USA. Water resources and services are also a significant revenue driver, especially in water-scarce regions.

Production Sites: No specific production sites

Texas Pacific Land Corporation (NYSE:TPL) is not a traditional production company. It is one of the largest private landholding companies in Texas, primarily generating revenue from leasing land, water rights, and oil and gas royalties.

TPL owns vast land holdings in West Texas, particularly in the Permian Basin, which is rich in oil and gas reserves. The company itself does not produce physical products but benefits from the use and development of its land resources by third parties.

Current dividend yield: 1.1% (2025)
Market capitalization: approx. 15 billion USD (2025)

Texas Pacific Land Corporation pursues a growth strategy that is heavily focused on optimizing and monetizing its extensive land holdings in the Permian Basin. The company benefits from the ongoing demand for oil and gas and has continuously increased its revenue through the granting of drilling rights and lease agreements.

Another strategic focus is on diversifying sources of income. TPL invests in water resource management and infrastructure to meet the needs of the oil and gas industry. These investments aim to generate stable and recurring revenue, regardless of the volatilities of the commodity markets.

In addition, the company is exploring opportunities in the field of renewable energy to ensure long-term sustainable growth and protect itself against potential regulatory changes. This strategy could help TPL to tap into new markets and reduce its dependence on fossil fuels.

Commodities/Materials: Water rights, land use rights

Countries of origin: Mainly USA

Texas Pacific Land Corporation (TPL) is a company that primarily focuses on managing land and water rights in the Permian Basin in Texas. The company does not import commodities or materials in the traditional sense as production companies would. Instead, TPL manages water rights and land use rights that are used to support oil and gas production in this region.

TPL's activities are heavily concentrated in the USA, particularly in Texas where the majority of their land holdings are located. Therefore, there are no significant imports of commodities or materials from other countries.

Market Capitalization: approximately 11.5 billion USD (2023)
Return on Equity (ROE): 54% (2023)
Profit Margin: 70% (2023)

Texas Pacific Land Corporation (TPL) possesses a significant competitive advantage that stems from several factors.

Firstly, TPL owns extensive land holdings in Texas, allowing the company to benefit from oil and gas production in the region. These land holdings generate not only direct income through lease agreements but also through granting drilling rights and water rights.

Secondly, TPL exhibits an exceptionally high return on equity and profit margin, indicating efficient capital utilization and strong operational efficiency. These metrics are significantly above industry averages, highlighting TPL's profitability and financial success.

Furthermore, the company maintains a debt-free balance sheet, enabling it to react flexibly to market changes and invest in growth opportunities without relying excessively on external financing.

Overall, TPL positions itself as a company with a robust competitive advantage in the industry, driven by its strategic assets and financial strength.

Institutional Investor Share: approximately 40% (estimated for 2025 based on trends)

Insider Purchases/Sales: No significant changes reported (2025)

The institutional investor share in Texas Pacific Land Corporation is estimated to be around 40%. This reflects the interest of large investment funds and institutional investors who invest in companies with stable earnings and growth potential.

In 2025, no significant insider purchases or sales were reported. This suggests that the management and other insiders are either satisfied with the current company strategy or do not expect significant changes in the company's valuation.

Market share of Texas Pacific Land Corporation: Estimated 3-5% (2025)

Main competitors and their market shares:

1. ExxonMobil: 10-12%
2. Chevron: 8-10%
3. ConocoPhillips: 6-8%
4. Occidental Petroleum: 5-7%
5. Pioneer Natural Resources: 4-6%
6. Devon Energy: 3-5%
7. EOG Resources: 3-5%
8. Texas Pacific Land Corporation: 3-5%
9. Marathon Oil: 2-4%
10. Apache Corporation: 2-4%

Texas Pacific Land Corporation (TPL) has a unique moat due to its extensive land ownership rights and water resources in Texas, especially in the Permian Basin. These resources provide TPL with a stable source of income through lease agreements and water sales to oil and gas companies.

Compared to major oil and gas producers like ExxonMobil and Chevron, which have extensive exploration and production capacities, TPL's moat is less dependent on production and more focused on land and water rights. This gives TPL a more stable and less volatile income stream, which can be advantageous during times of oil market price fluctuations.

However, larger companies like ExxonMobil and Chevron have a significant competitive advantage through their global reach, diversification, and technological capacities, which can be seen as a strong moat. These companies can better respond to market changes and benefit from economies of scale.

Revenue Growth: 10.5% (2024) Profit Growth: 9.8% (2024) EBITDA Margin: 75% (2024)

Texas Pacific Land Corporation achieved solid revenue growth of 10.5% in 2024. This reflects the continued strong demand for the company's services and products, especially in the area of land management and water resources.

The 9.8% increase in profits shows that the company operates efficiently and is able to control its costs while increasing its revenues. The high EBITDA margin of 75% underscores the strong operational efficiency and the company's ability to generate high profits from its revenues.

Given these solid financial indicators and Texas Pacific Land Corporation's strong market position, the stock could present an attractive investment opportunity. However, investors should also consider external factors such as market trends, regulatory changes, and the overall economic situation before making a final decision.

Dividend Yield: 1.1% (2025, estimated)
Dividend History: Regular payouts for several years

Texas Pacific Land Corporation (TPL) regularly pays dividends to its shareholders. The dividend yield is currently around 1.1%, which can be considered moderate compared to other companies in the industry.

The reliability of the payout is high, as TPL has a long history of dividend payments. The company benefits from stable revenues from land sales, water rights, and oil and gas licenses, creating the financial foundation for continuous dividends.

Analysts expect that TPL will continue to be able to pay dividends in the future, as the company's sources of income are relatively stable and it does not have significant debts that could jeopardize the payouts.