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3M AVG Volume
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Texas Pacific Land Corp is engaged in managing land, including royalty interests, for the benefit of its owners. The Company’s operating segments are Land and Resource Management, and Water Services and Operations. The Company operates as a landowner in the State of Texas with approximately 880,000 acres of land in West Texas. The Land and Resource Management segment focuses on managing TPL’s oil and gas royalty interest and surface acres located in over 19 different counties. Its revenue streams principally consist of oil and gas royalties, commercial lease, land sales, easements and materials sales. Its Water Services and Operations offers various solutions, such as water sourcing, infrastructure development, water tracking, analytics, well testing, produced water gathering/treatment/recycling and produced water disposal services.
Misc. Financial Services
1700 Pacific Avenue, Suite 2900
John R. Norris
Independent Co-Chairman of the Board of Trustees
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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:
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