Texas Pacific Land Corporation engages in land and resource management, primarily in Texas, managing approximately 880,000 acres. Its revenue comes from two main segments: Land and Resource Management, which contributes about 70% of total revenue through oil and gas royalties, easements, and commercial leases; and Water Services and Operations, accounting for approximately 30% of revenue by providing water sourcing and disposal services to operators in the Permian Basin. The company's long history and extensive land holdings support its endurance, while fluctuations in oil and gas prices could limit revenue stability.
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Texas Pacific Land Corporation engages in land and resource management, primarily in Texas, managing approximately 880,000 acres. Its revenue comes from two main segments: Land and Resource Management, which contributes about 70% of total revenue through oil and gas royalties, easements, and commercial leases; and Water Services and Operations, accounting for approximately 30% of revenue by providing water sourcing and disposal services to operators in the Permian Basin. The company's long history and extensive land holdings support its endurance, while fluctuations in oil and gas prices could limit revenue stability.
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Daily adjusted close
Texas Pacific Land Corporation engages in land and resource management, primarily in Texas, managing approximately 880,000 acres. Its revenue comes from two main segments: Land and Resource Management, which contributes about 70% of total revenue through oil and gas royalties, easements, and commercial leases; and Water Services and Operations, accounting for approximately 30% of revenue by providing water sourcing and disposal services to operators in the Permian Basin. The company's long history and extensive land holdings support its endurance, while fluctuations in oil and gas prices could limit revenue stability.