Texas Pacific Land Corp
NYSE:TPL

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Texas Pacific Land Corp
NYSE:TPL
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Price: 1 133.12 USD 3.36% Market Closed
Market Cap: 26B USD
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Texas Pacific Land Corp
Accumulated Depreciation

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Texas Pacific Land Corp
Accumulated Depreciation Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accumulated Depreciation CAGR 3Y CAGR 5Y CAGR 10Y
Texas Pacific Land Corp
NYSE:TPL
Accumulated Depreciation
-$66.8m
CAGR 3-Years
-24%
CAGR 5-Years
-53%
CAGR 10-Years
N/A
EQT Corp
NYSE:EQT
Accumulated Depreciation
-$11.8B
CAGR 3-Years
-18%
CAGR 5-Years
-15%
CAGR 10-Years
-14%
Hess Corp
NYSE:HES
Accumulated Depreciation
-$20.5B
CAGR 3-Years
-7%
CAGR 5-Years
-2%
CAGR 10-Years
-1%
EOG Resources Inc
NYSE:EOG
Accumulated Depreciation
-$48.1B
CAGR 3-Years
-4%
CAGR 5-Years
-6%
CAGR 10-Years
-8%
Diamondback Energy Inc
NASDAQ:FANG
Accumulated Depreciation
-$18.1B
CAGR 3-Years
-11%
CAGR 5-Years
-36%
CAGR 10-Years
-49%
Conocophillips
NYSE:COP
Accumulated Depreciation
-$79.5B
CAGR 3-Years
-7%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
No Stocks Found

Texas Pacific Land Corp
Glance View

Market Cap
26B USD
Industry
Energy
Economic Moat
Narrow

Texas Pacific Land Corp., with its roots stretching back to the late 19th century, has carved out a unique place in the American business landscape, primarily centered around land and mineral rights management. Originally established from the remnants of the Texas and Pacific Railway, the company transformed itself over the decades into a powerhouse in the management of vast land holdings in West Texas. These lands are rich with possibilities, not the least of which lie in the bounty of oil and gas resources beneath the surface. The company's extensive acreage in the Permian Basin, one of the most prolific oil and gas producing regions in the United States, forms the cornerstone of its financial model. By leasing these lands to oil and gas operators, Texas Pacific Land Corp. secures a steady stream of revenue through royalties, typically a percentage of the production value extracted from their land. Beyond oil and gas royalties, Texas Pacific Land Corp.'s business model integrates multiple revenue streams. It includes land sales, water services, and easements. The company takes advantage of its significant water rights to provide water solutions critical for hydraulic fracturing operations in the Permian Basin. Furthermore, Texas Pacific Land Corp. earns from infrastructure development, granting easements and rights-of-way for pipelines, power lines, and roads, which are essential as the energy landscape in West Texas evolves. This diversified revenue model ensures stability and growth, enabling Texas Pacific Land Corp. to continually benefit from the burgeoning energy industry while maintaining a lean operational structure. Through a combination of strategic leverage of land assets and innovative adaption to market needs, the company stands out as an exemplary model of how historical assets can drive modern economic success.

TPL Intrinsic Value
302.54 USD
Overvaluation 73%
Intrinsic Value
Price

See Also

What is Texas Pacific Land Corp's Accumulated Depreciation?
Accumulated Depreciation
-66.8m USD

Based on the financial report for Sep 30, 2024, Texas Pacific Land Corp's Accumulated Depreciation amounts to -66.8m USD.

What is Texas Pacific Land Corp's Accumulated Depreciation growth rate?
Accumulated Depreciation CAGR 5Y
-53%

Over the last year, the Accumulated Depreciation growth was -13%. The average annual Accumulated Depreciation growth rates for Texas Pacific Land Corp have been -24% over the past three years , -53% over the past five years .

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