TPL Texas Pacific Land Corp

  1. Stocks
  2. Energy
  3. NYSE: TPL

Price (delayed)

$582.6

Market cap

$13.4B

P/E Ratio

33.1

Dividend/share

$4.42

EPS

$17.6

Enterprise value

$12.68B

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
TPL's debt is down by 40% YoY
The equity rose by 35% YoY and by 8% QoQ
TPL's net income is down by 9% year-on-year but it is up by 3.4% since the previous quarter
TPL's EPS is down by 9% year-on-year but it is up by 3.5% since the previous quarter
The P/E is 10% more than the last 4 quarters average of 30.0 and 3.8% more than the 5-year quarterly average of 31.9
Texas Pacific Land's gross profit has decreased by 9% YoY
Sector: Energy
Industry: Oil & Gas E&P
Peers: PBT PHX VNOM DMLP

Key stats

What are the main financial stats of TPL
Market
Shares outstanding
23.01M
Market cap
$13.4B
Enterprise value
$12.68B
Valuations
Price to earnings (P/E)
33.1
Price to book (P/B)
12.86
Price to sales (P/S)
21.26
EV/EBIT
24.5
EV/EBITDA
23.82
EV/Sales
20.07
Earnings
Revenue
$631.6M
EBIT
$517.56M
EBITDA
$532.32M
Free cash flow
$361.54M
Per share
EPS
$17.6
Free cash flow per share
$15.69
Book value per share
$45.31
Revenue per share
$27.41
TBVPS
$49.27
Balance sheet
Total assets
$1.16B
Total liabilities
$113.2M
Debt
$1.17M
Equity
$1.04B
Working capital
$818.08M
Liquidity
Debt to equity
0
Current ratio
19.43
Quick ratio
19.24
Net debt/EBITDA
-1.36
Margins
EBITDA margin
84.3%
Gross margin
86.6%
Net margin
64.2%
Operating margin
77%
Efficiency
Return on assets
38.7%
Return on equity
43.6%
Return on invested capital
150.6%
Return on capital employed
46.5%
Return on sales
81.9%
Dividend
Dividend yield
0.76%
DPS
$4.42
Payout ratio
25.1%

TPL stock price

How has the Texas Pacific Land stock price performed over time
Intraday
0.03%
1 week
-3.82%
1 month
3.68%
1 year
10.8%
YTD
11.16%
QTD
0.71%

Financial performance

How have Texas Pacific Land's revenue and profit performed over time
Revenue
$631.6M
Gross profit
$547.26M
Operating income
$486.05M
Net income
$405.65M
Gross margin
86.6%
Net margin
64.2%
The company's operating income fell by 14% YoY but it rose by 2% QoQ
Texas Pacific Land's gross profit has decreased by 9% YoY
TPL's net income is down by 9% year-on-year but it is up by 3.4% since the previous quarter
The operating margin has contracted by 9% YoY

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
33.1
P/B
12.86
P/S
21.26
EV/EBIT
24.5
EV/EBITDA
23.82
EV/Sales
20.07
The P/E is 10% more than the last 4 quarters average of 30.0 and 3.8% more than the 5-year quarterly average of 31.9
TPL's EPS is down by 9% year-on-year but it is up by 3.5% since the previous quarter
The equity rose by 35% YoY and by 8% QoQ
The stock's price to book (P/B) is 13% less than its 5-year quarterly average of 14.7 and 3.3% less than its last 4 quarters average of 13.3
The price to sales (P/S) is 11% higher than the last 4 quarters average of 19.2 and 7% higher than the 5-year quarterly average of 19.8
The revenue fell by 5% YoY but it rose by 2.3% QoQ

Efficiency

How efficient is Texas Pacific Land business performance
The ROE has contracted by 30% YoY and by 4% from the previous quarter
TPL's return on assets is down by 28% year-on-year and by 3.5% since the previous quarter
TPL's ROIC is down by 16% year-on-year
TPL's return on sales is down by 3.9% year-on-year

Dividends

What is TPL's dividend history
DPS
$4.42
Dividend yield
0.76%
Payout ratio
25.1%
Recent dividends

Financial health

How did Texas Pacific Land financials performed over time
The total assets has increased by 32% YoY and by 7% from the previous quarter
TPL's quick ratio is up by 24% YoY and by 17% from the previous quarter
TPL's debt is 100% lower than its equity
TPL's debt is down by 40% YoY
The equity rose by 35% YoY and by 8% QoQ

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