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Texas Pacific Land Corporation

Founded by : Tyler Glover, 1 January 1888

Dallas County, United States
Specialized REITs
More than 250 employees
https://www.texaspacific.com/

About the Company

Texas Pacific Land Corporation, also known as TPL, is a land management company based in Dallas, Texas. Founded in 1888, the company manages over 900,000 acres of land primarily in West Texas. TPL's primary source of revenue is from oil and gas royalties, with additional income generated from grazing leases, easements, and water sales. The company has a market capitalization of over $10 billion and is one of the largest landowners in Texas. TPL has a unique corporate structure, with only one class of stock and no debt, giving it significant flexibility in managing its assets.

Industry Type

According to the GICS (Global Industry Classification Standard) version of March 2023, Texas Pacific Land Corporation’s industry classification falls within the following categories:
  • Sector: Real Estate
  • Industry group: Equity Real Estate Investment Trusts (REITs)
  • Industry: Specialized REITs
  • Sub-Industry: Other Specialized REITs
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Company Address

1700 Pacific Avenue Suite 2900 Dallas, TX 75201 United States

Source : Google maps

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