Texas Pacific Land Corporation

Texas Pacific Land Corporation (NYSE: TPL) is one of the largest landowners in Texas, owning and managing approximately 868,000 acres in the Permian Basin. Founded in 1888 as a business trust upon the bankruptcy of the Texas and Pacific Railway, TPL operates under two segments: Land and Resource Management, and Water Services and Operations. The company generates revenues across the entire oil and gas value chain, including royalties, water resources, and surface leases, easements and materials. TPL also invests in next-generation technologies positioned to capitalize on the global energy transition.