Texas Pacific Land Trust
Company Overview
Texas Pacific Land Corporation is one of the largest landowners in Texas, managing approximately 880,000 acres of land in West Texas. The company's business model is primarily focused on surface and royalty mineral interests, water sales and royalties, easements, and commercial leases. Their revenue streams come from oil and gas royalties, water sales, easements, and land sales.
The company earns income through legitimate business activities including surface access and easement revenues, water sales and royalties, and oil and gas royalties from its vast land holdings. These represent real economic activity and value creation rather than speculative financial transactions.
Use of Interest
| Reporting Date | Total Revenue | Total Operating Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Sept. 30, 2024 | $173.56m | $46.23m | - | - | 0.00% | 0.00% |
| June 30, 2024 | $172.33m | $39.11m | - | - | 0.00% | 0.00% |
| March 31, 2024 | $174.14m | $38.1m | - | - | 0.00% | 0.00% |
Company Impact
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