TPL Texas Pacific Land Trust
Texas Pacific Land Trust engages in the provision of management of land. It operates through the Land and Resource Management; and Water Service and Operations segments. The Land and Resource Management segment involves in the business of managing the land and related resources in West Texas owned by the Trust. The Water Service and Operations segment consists of revenues from royalties on sales of water, direct sales of water and to a lesser extent, easements, and sundry income. The company was founded on February 1, 1888 and is headquartered in Dallas, TX.
Company profile
Ticker
TPL
Exchange
CEO
Tyler Glover
Employees
Location
Fiscal year end
Industry (SEC)
SEC CIK
Corporate docs
IRS number
750279735
TPL stock data
()
Calendar
7 Aug 19
24 Aug 19
31 Dec 19
News
Company financial data Financial data
| Quarter (USD) | Jun 19 | Mar 19 | Dec 18 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | 87.31M | 191.32M | 93.2M | 73.17M | |
| Net income | 49.59M | 140M | 62.68M | 50.76M | |
| Diluted EPS | 6.39 | 18.04 | 8.06 | 6.52 | |
| Net profit margin | 56.79% | 73.17% | 67.25% | 69.38% | |
| Operating income | 62.44M | 175.15M | 77.89M | 62.96M | |
| Net change in cash | 42.14M | -6.39M | 9.03M | 24.72M | |
| Cash on hand | 155.4M | 113.26M | 119.65M | 110.62M |
| Annual (USD) | Dec 18 | Dec 17 | Dec 16 | Dec 15 | |
|---|---|---|---|---|---|
| Revenue | 300.22M | 132.33M | 59.91M | 79.42M | |
| Net income | 209.74M | 97.23M | 42.28M | 50.04M | |
| Diluted EPS | 26.93 | 12.38 | 5.29 | 6.1 | |
| Net profit margin | 69.86% | 73.48% | 70.56% | 63.01% | |
| Operating income | 260.83M | 144.95M | 62.91M | 75.26M | |
| Net change in cash | 40.07M | 30.16M | 4.41M | 18.2M | |
| Cash on hand | 119.65M | 79.58M | 49.42M | 45.01M |
Financial data from company earnings reports
Financial report summary
?Management Discussion
- We operate our business in two segments: Land and Resource Management and Water Services and Operations. We eliminate any inter-segment revenues and expenses upon consolidation.
- We analyze financial results for each of our reportable segments. The reportable segments presented are consistent with our reportable segments discussed in Note 9, “Business Segment Reporting” in Item 1. Financial Statements in this Quarterly Report on Form 10-Q. We monitor our reporting segments based upon revenue and net income calculated in accordance with accounting principles generally accepted in the United States of America (“GAAP”).
- Revenues. Revenues increased $13.5 million, or 18.2%, to $87.3 million for the three months ended June 30, 2019 compared to $73.8 million for the three months ended June 30, 2018. Net income decreased $2.9 million, or 5.6%, to $49.6 million for the three months ended June 30, 2019 compared to $52.5 million for the three months ended June 30, 2018.
Content analysis
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New words:
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Removed:
actively, agricultural, assigned, brackish, covering, effect, enter, extent, industry, lesser, local, open, permit, ranching, repurchased, review, seek, share, solicit
Financial reports
10-Q
2019 Q2
Quarterly report
7 Aug 19
10-Q
2019 Q1
Quarterly report
7 May 19
10-K
2018 FY
Annual report
28 Feb 19
10-Q
2018 Q3
Quarterly report
7 Nov 18
10-Q
2018 Q2
Quarterly report
7 Aug 18
10-Q
2018 Q1
Quarterly report
7 May 18
10-K
2017 FY
Annual report
28 Feb 18
10-Q
2017 Q3
Quarterly report
7 Nov 17
10-Q
2017 Q2
Quarterly report
4 Aug 17
10-Q
2017 Q1
Quarterly report
4 May 17
Current reports
8-K
Departure of Directors or Certain Officers
9 Aug 19
8-K
Entry into a Material Definitive Agreement
31 Jul 19
8-K
Texas Pacific Land Trust Announces Second Quarter 2019 Financial Results
31 Jul 19
8-K
Dissidents Continue to Refuse to Engage Constructively
27 Jun 19
8-K
Charter of the Conversion Exploration Committee of TEXAS PACIFIC LAND TRUST
24 Jun 19
8-K
Other Events
14 Jun 19
8-K
Disputes Validity of Mr. Oliver’s “Meeting” and Purported Self-Election
23 May 19
8-K
Other Events
22 May 19
8-K
Other Events
21 May 19
8-K
Egan-Jones Joins ISS and Glass Lewis in Recommending the BLUE Card
20 May 19
Registration and prospectus
Proxies
DEFA14A
Additional proxy soliciting materials
23 May 19
DEFA14A
Additional proxy soliciting materials
22 May 19
DFAN14A
Additional proxy materials by non-management
22 May 19
DEFA14A
Additional proxy soliciting materials
22 May 19
DEFA14A
Additional proxy soliciting materials
21 May 19
DFAN14A
Additional proxy materials by non-management
21 May 19
DEFA14A
Additional proxy soliciting materials
20 May 19
DFAN14A
Additional proxy materials by non-management
20 May 19
DFAN14A
Additional proxy materials by non-management
17 May 19
DEFA14A
Additional proxy soliciting materials
17 May 19