Texas Pacific Land Corp

Texas Pacific Land Corporation manages surface acres and oil and gas royalty interests, operating primarily through two business segments: Land and Resource Management, and Water Services and Operations. The company does not produce oil and gas itself; instead, it generates revenue across the hydrocarbon development lifecycle by collecting oil and gas royalties, selling materials like caliche and sand, and leasing land for easements, commercial facilities, and utilities. Through Texas Pacific Water Resources LLC, the business provides comprehensive water management solutions, including water sourcing, produced-water treatment, and disposal services. Its primary customers consist of upstream and midstream oil and gas operators and energy service companies active in its operating region.

The company's holdings include approximately 882,000 surface acres and about 224,000 net royalty acres, principally concentrated in the Permian Basin within the state of Texas. Its operations and asset footprint are situated in various Texas counties, including Reeves, Martin, and Midland counties. The provided report does not state the company's headquarters location.

Summary of the business section of Texas Pacific Land's latest annual report, written by StockData.

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

“As of December 31, 2025, we had 114 full-time employees, of which 35 were employees of TPWR.”