Texas Pacific Land Corporation (TPL)

Texas Pacific Land Corporation (TPL) is a prominent player in the Permian Basin and was founded in 1888 as a business trust. TPL stands out as one of the largest landowners in Texas, with ownership and management of approximately 868,000 acres in the Permian Basin. The company's slogan "Pure Play in the Permian Basin" reflects its focus on leveraging its substantial landholding in this prolific oil and gas region. In 2016, TPL shifted its strategy to actively manage surface and royalty interests with the aim of maximizing asset value. This evolution has enabled TPL to generate revenue across the entire oil and gas development value chain. The company's revenue streams encompass royalties, water resources, surface leases, easements, and materials (SLEM). Furthermore, TPL has positioned itself for the future by investing in next-generation technologies that align with the global energy transition. As a company operating in the Energy and Real Estate industries, TPL has demonstrated resilience and adaptability in an ever-evolving market. The company's strategic shift in 2016 has enabled it to stay ahead of the curve and capitalize on the dynamic energy landscape. For additional information on Texas Pacific Land Corporation, interested parties can visit their website at www.texaspacific.com. With its extensive landholdings, diverse revenue streams, and forward-looking investment in next-generation technologies, TPL presents an intriguing opportunity for stakeholders in the energy and real estate sectors.