TPL.N
Latest Trade
650.10USDChange
-16.90(-2.53%)Volume
2,100Today's Range
-
666.4052 Week Range
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914.15As of on the New York Stock Exchange ∙ Minimum 15 minute delay
Previous Close | 667.00 |
|---|---|
Open | 664.20 |
Volume | 2,100 |
3M AVG Volume | 0.30 |
Today's High | 666.40 |
Today's Low | 650.00 |
52 Week High | 914.15 |
52 Week Low | 415.00 |
Shares Out (MIL) | 7.76 |
Market Cap (MIL) | 5,173.36 |
Forward P/E | -- |
Dividend (Yield %) | 0.26 |
Texas Pacific Land Trust Posts Net Income Of $6.39 Per Sub-Share Certificate
Investor Group Files Counter-Claims Seeking To Recognize Election Of Eric Oliver As Trustee Of Texas Pacific Land Trust
Texas Pacific Land Trust Releases Letter To Shareholders Regarding Recently-Filed Lawsuit Against Eric Oliver
Texas Pacific Land Trust (the Trust) is engaged in managing land, including royalty interests, for the benefit of its owners. The Company operates through managing the land segment, which includes sales and leases of such land, and the retention of oil and gas royalties. The Trust derives revenue from all avenues of managing the land, such as oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. The Trust has a perpetual oil and gas royalty interest in 459,200 acres. As of December 31, 2016, the Trust owned the surface estate in approximately 887,553 acres of land, consisting of numerous separate tracts, located in 18 counties in the western part of Texas. As of December 31, 2016, the Trust also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas.
Industry
Misc. Financial Services
Executive Leadership
David E. Barry
Co-Chairman of the Board of Trustees
John R. Norris
Co-Chairman of the Board of Trustees
Tyler Glover
Chief Executive Officer, Secretary, General Agent
Robert J. Packer
Chief Financial Officer, General Agent
Sameer Parasnis
Executive Vice President, Chief Commercial Officer
Price To Earnings (TTM) | 17.09 |
|---|---|
Price To Sales (TTM) | 11.63 |
Price To Book (MRQ) | 13.49 |
Price To Cash Flow (TTM) | 16.83 |
Total Debt To Equity (MRQ) | 0.00 |
LT Debt To Equity (MRQ) | 0.00 |
Return on Investment (TTM) | 102.02 |
Return on Equity (TTM) | 94.65 |
Texas Pacific Land Trust <TPL.N> said on Wednesday it has settled with an investor group led by Horizon Kinetics, ending a months-long proxy fight to elect a trustee.
Texas Pacific Land Trust said on Tuesday it had filed a lawsuit against a nominee of its investor, Horizon Kinetic, which has been seeking to install its own trustee and begin selling off the firm's portfolio.
Texas Pacific Land Trust said on Monday proxy advisory firm Egan-Jones Ratings Co has recommended its shareholders to vote for retired U.S. Air Force General Donald Cook as a trustee of the company.
Texas Pacific Land Trust said on Monday proxy advisory firm Glass Lewis has recommended that TPL shareholders vote in favour of retired U.S. Air Force General Donald Cook as a trustee of one of the biggest private landowners in Texas.
* QTRLY NET INCOME $5.60 PER SUB-SHARE Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)
* NET INCOME OF $18.4 MILLION, OR $2.35 PER SUB-SHARE, FOR Q4 2017, COMPARED WITH $10.9 MILLION, OR $1.37 PER SUB-SHARE, FOR Q4 2016 Source text for Eikon: Further company coverage:
* Texas Pacific Land Trust announces third quarter 2017 financial results
* Texas Pacific Land Trust announces arbitration settlement with Chevron U.S.A., Inc.
* Texas Pacific Land Trust announces second quarter 2017 financial results
* Texas Pacific Land Trust fourth quarter earnings release (unaudited)
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.