Texas Pacific Land Corporation

NYSE:TPL

Market Cap

USD 24.82 B

Share Price

USD 1.08 K

Avg Daily Volume

131,876

Change (1 day)

-0.72%

Change (1 year)

40.64%

Change (YTD)

-2.37%

Texas Pacific Land Corporation Accounts Payable for the year ending December 31, 2024: USD 26.96 M

Texas Pacific Land Corporation Accounts Payable is USD 26.96 M for the year ending December 31, 2024, a 24.53% change year over year. Accounts payable are amounts owed by the company to suppliers or vendors for goods or services received but not yet paid.
  • Texas Pacific Land Corporation Accounts Payable for the year ending December 31, 2023 was USD 21.65 M, a -7.66% change year over year.
  • Texas Pacific Land Corporation Accounts Payable for the year ending December 31, 2022 was USD 23.44 M, a 30.92% change year over year.
  • Texas Pacific Land Corporation Accounts Payable for the year ending December 31, 2021 was USD 17.91 M, a 34.39% change year over year.
  • Texas Pacific Land Corporation Accounts Payable for the year ending December 31, 2020 was USD 13.32 M, a -30.57% change year over year.
Key data
Date Accounts Payable Short-Term Debt Long-Term Debt Total Liabilities
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NYSE: TPL

Texas Pacific Land Corporation

CEO Mr. Tyler Glover
IPO Date March 17, 1980
Location United States
Headquarters 1700 Pacific Avenue
Employees 111
Sector ⚡️ Energy
Industries
Description

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own 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 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

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