TPL Texas Pacific Land Corp

  1. Stocks
  2. Energy
  3. NYSE: TPL

Price (delayed)

$1,485.68

Market cap

$11.4B

P/E Ratio

29.12

Dividend/share

$13

EPS

$51.02

Enterprise value

$10.75B

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas. The Corporation is not an oil ...

Highlights
The equity rose by 34% YoY and by 9% QoQ
TPL's quick ratio is up by 22% YoY
Texas Pacific Land's gross profit has decreased by 11% YoY and by 6% from the previous quarter
TPL's net income is down by 8% year-on-year and by 6% since the previous quarter
Sector: Energy
Industry: Oil & Gas E&P
Peers: PBT VNOM DMLP PHX

Key stats

What are the main financial stats of TPL
Market
Shares outstanding
7.67M
Market cap
$11.4B
Enterprise value
$10.75B
Valuations
Price to earnings (P/E)
29.12
Price to book (P/B)
11.83
Price to sales (P/S)
18.46
EV/EBIT
21.47
EV/EBITDA
20.89
EV/Sales
17.4
Earnings
Revenue
$617.64M
EBIT
$500.58M
EBITDA
$514.62M
Free cash flow
$401.61M
Per share
EPS
$51.02
Free cash flow per share
$52.32
Book value per share
$125.63
Revenue per share
$80.47
TBVPS
$137.84
Balance sheet
Total assets
$1.08B
Total liabilities
$114.76M
Debt
$0
Equity
$964.56M
Working capital
$743.49M
Liquidity
Debt to equity
0
Current ratio
16.7
Quick ratio
16.47
Net debt/EBITDA
-1.27
Margins
EBITDA margin
83.3%
Gross margin
86.9%
Net margin
63.5%
Operating margin
77.1%
Efficiency
Return on assets
40.1%
Return on equity
45.4%
Return on invested capital
150.1%
Return on capital employed
48.5%
Return on sales
81%
Dividend
Dividend yield
0.88%
DPS
$13
Payout ratio
25.5%

TPL stock price

How has the Texas Pacific Land stock price performed over time
Intraday
-0.14%
1 week
-10.07%
1 month
-15.56%
1 year
-39.92%
YTD
-36.62%
QTD
-18.53%

Financial performance

How have Texas Pacific Land's revenue and profit performed over time
Revenue
$617.64M
Gross profit
$537.01M
Operating income
$476.42M
Net income
$392.27M
Gross margin
86.9%
Net margin
63.5%
The company's operating income fell by 16% YoY and by 7% QoQ
Texas Pacific Land's gross profit has decreased by 11% YoY and by 6% from the previous quarter
The operating margin has contracted by 10% YoY
TPL's net income is down by 8% year-on-year and by 6% since the previous quarter

Growth

What is Texas Pacific Land's growth rate over time

Valuation

What is Texas Pacific Land stock price valuation
TPL P/E details
P/E
29.12
P/B
11.83
P/S
18.46
EV/EBIT
21.47
EV/EBITDA
20.89
EV/Sales
17.4
The P/E is 11% less than the last 4 quarters average of 32.7 and 5% less than the 5-year quarterly average of 30.8
TPL's EPS is down by 7% year-on-year and by 6% since the previous quarter
The equity rose by 34% YoY and by 9% QoQ
The stock's price to book (P/B) is 27% less than its last 4 quarters average of 16.3 and 22% less than its 5-year quarterly average of 15.1
The price to sales (P/S) is 13% lower than the last 4 quarters average of 21.2 and 4.2% lower than the 5-year quarterly average of 19.3
The revenue fell by 7% YoY and by 5% QoQ

Efficiency

How efficient is Texas Pacific Land business performance
The ROE has contracted by 27% YoY and by 13% from the previous quarter
TPL's return on assets is down by 24% year-on-year and by 12% since the previous quarter
TPL's ROIC is down by 19% year-on-year and by 7% since the previous quarter
TPL's return on sales is down by 5% year-on-year

Dividends

What is TPL's dividend history
DPS
$13
Dividend yield
0.88%
Payout ratio
25.5%
Recent dividends

Financial health

How did Texas Pacific Land financials performed over time
The total assets has increased by 30% YoY and by 8% from the previous quarter
Texas Pacific Land's current ratio has increased by 24% YoY
TPL's debt is 100% lower than its equity
The equity rose by 34% YoY and by 9% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.