More about Texas Pacific Land Corporation
Regulatory Filings for Texas Pacific Land Corporation
Fundamentals for Texas Pacific Land Corporation
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Fundamentals for Texas Pacific Land Corporation
Business Operations:
Sector: EnergyIndustry: Oil & Gas E&P
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. The company owns 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 33,000 additional net royalty acres, total of approximately 224,000 NRA located in the Permian Basin. The company was founded in 1888 and is headquartered in Dallas, Texas.
Revenue projections:
Revenues for TPL are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 4.398000 |
|---|---|
| forwardPE | 5.930251 |
| debtToEquity | 1.219000 |
| earningsGrowth | 0.043000 |
| revenueGrowth | 0.139000 |
| grossMargins | 0.932940 |
| operatingMargins | 0.706410 |
| trailingEps | 6.980000 |
| forwardEps | 73.120000 |
Texas Pacific Land Corporation's current ratio of 4.398, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Texas Pacific Land Corporation has enough cash and current assets to handle its immediate liabilities comfortably.
Texas Pacific Land Corporation's positive gross and operating margins reflect strong financial performance. These metrics indicate that the company is efficiently managing its operations and generating healthy profits, contributing to a solid financial position.
TPL's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that TPL's financial performance will improve in the current financial year.
Price projections:
Texas Pacific Land Corporation's price has continuously remained near the lower end of analysts' projections, indicating that it may be facing challenges in meeting market expectations. This trend raises concerns about the company's future growth trajectory.
Insider Transactions:
3 TPL shares were sold in recent transactions, with market price at 450.7390848795573.TPL had 157 buy transactions, with market price of 358.44894195362264.TPL has seen more sells than buys at current price levels, which could point to a potential price drop. If this selling trend persists, it may indicate that investors are expecting further declines in the stock's value.
Recommendation changes over time:
With no clear buy or sell ratings for TPL, analysts have painted a mixed picture of the stock. This ambiguity may prompt investors to consider alternative market signals and undertake further research before deciding how to proceed with their investments.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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