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Texas Pacific Land Q2 2024 Earnings Report

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$1,133.12 +36.79 (+3.36%)
(As of 12/20/2024 05:31 PM ET)

Texas Pacific Land EPS Results

Actual EPS
$4.98
Consensus EPS
$5.36
Beat/Miss
Missed by -$0.38
One Year Ago EPS
$4.35

Texas Pacific Land Revenue Results

Actual Revenue
$172.33 million
Expected Revenue
$182.35 million
Beat/Miss
Missed by -$10.02 million
YoY Revenue Growth
N/A

Texas Pacific Land Announcement Details

Quarter
Q2 2024
Time
After Market Closes

Conference Call Resources

Conference Call Audio

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Texas Pacific Land Earnings Headlines

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About Texas Pacific Land

Texas Pacific Land (NYSE:TPL) engages in the land and resource management, and water services and operations businesses. 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 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. 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. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

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