Texas Pacific Land Corporation
Texas Pacific Land Corporation (NYSE: TPL) owns approximately 882,000 surface acres and about 224,000 net royalty acres, principally in the Permian Basin, and earns revenue from land and resource management and water services. It is not an oil and gas producer; its royalty interests generate payments from production… From the company’s description.
In fiscal 2025, Texas Pacific Land Corporation reported revenue of $798.19M, up 13.1% from fiscal 2024, and net income of $481.38M. Its operating margin was 74.2%, and operations generated $545.91M in cash. Over the twelve months to Jun 30, 2026, revenue was $897.54M.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Texas Pacific Land Corporation does
In the company’s own words
Texas Pacific Land Corporation (NYSE: TPL) owns approximately 882,000 surface acres and about 224,000 net royalty acres, principally in the Permian Basin, and earns revenue from land and resource management and water services. It is not an oil and gas producer; its royalty interests generate payments from production by third-party operators, while its land supports easements, commercial leases, land and material sales, and energy infrastructure. Through its subsidiary Texas Pacific Water Resources, the company supplies and treats water and provides disposal solutions to oil and gas operators and water-management businesses. Its Land and Resource Management segment accounted for 62% of 2025 revenue, including oil and gas royalties and surface-related income; Water Services and Operations contributed 38%, mainly from water sales and produced-water royalties. The company reported $798.2 million in total revenue and had 114 full-time employees in fiscal 2025. Formed as a trust in 1888 to hold Texas railway lands, it reorganized as a corporation in 2021. Its website is www.TexasPacific.com.
Company details
- Sector
- Energy
- Industry (SIC)
- Holding & Investment
- Headquarters
- DALLAS, TX
- Fiscal year end
- December
- CIK
- 1811074
- SIC
- 6792
Financial performance, year by year
Fiscal 2020–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Texas Pacific Land Corporation — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Texas Pacific Land Corporation’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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