On 12 Nov 2026 Texas Pacific Land Corporation closed at $281.18, -1.7% this year; market cap $19.41bn, P/E 33.0.
Energy · Oil & Gas Exploration & Production · NYSE · United States
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 33,000 additional net royalty acres, total of approximately 224,000 NRA located in the Permian Basin. The company was founded in 1888 and is headquartered in Dallas, Texas.
| Market cap | $19.41bn |
| P/E (trailing) | 33.0 |
| EPS (TTM) | $8.51 |
| Beta | 0.58 |
| Dividend | $2.40 |
| Dividend yield | 0.85% |
| Ex-dividend date | 1 Dec 2026 |
| Latest report | 4 Nov 2026 |
| Next earnings | 3 Feb 2027 |
| YTD | -1.7% |
| 1Y | -15.7% |
| 3Y | +16.3% |
| 5Y | +15.7% |
| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| 2025 | $798.19m | $481.38m | $486.38m |
| 2024 | $705.82m | $453.96m | $460.98m |
| 2023 | $631.60m | $405.64m | $403.26m |
| 2022 | $667.42m | $446.36m | $426.27m |
| 2021 | $450.96m | $269.98m | $249.62m |
We publish no single base value for Texas Pacific Land Corporation. Our valuation methods put it between $427.42 and $689.45 a share. The valuation code's reason: no point fair value: the two anchors behind it compound the same growth rate and differ only in how they end — a perpetuity at the terminal rate against a multiple on the final year — so the midpoint between them measures terminal treatment rather than what the business is worth. The published range is the same reading with the false precision removed: read it as the span the method supports, and treat neither edge as a point estimate. See every method
Call and put prices: our price for each next to the market's.
Open in the dashboard · Run a full Desk Run
Data as of 12 Nov 2026. Not investment advice.