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Texas Pacific Land Trust (TPL)

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Last Post: 9/14/2018 10:50:01 PM - Followers: 13 - Board type: Free - Posts Today: 0

Texas Pacific Land Trust

1700 Pacific Ave., Ste. 2770
Dallas, TX 75201
Phone: 214-969-5530
Fax: 214-871-7139


Texas Pacific Land Trust was created in 1888 as a result of a reorganization of the Texas and Pacific Railway Company following receivership. Holders of Texas and Pacific Railway Company bonds received 3.5 million acres of land in Texas which had been earned by the railroad and pledged as security against bonds. The bondholders created the Trust and converted bonds to shares of proprietary interest in the Trust. The Trust was created to manage and sell the land. Today the Trust is one of the largest landowners in Texas with around 887,698 acres located in eighteen different counties. Texas Pacific Land Trust derives revenue from all avenues of managing the land, i.e. oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales.  The Trust has a perpetual oil and gas royalty interest in some 459,191 acres.

The Trust also owns a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas. Generally speaking, if the Trust sells the surface estate in real property with respect to which it holds a perpetual oil and gas royalty interest, that oil and gas royalty interest is excluded from the sale and retained by the Trust.
 



 




 
 



 
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TPL News: Statement of Changes in Beneficial Ownership (4) 09/18/2018 04:08:41 PM
TPL News: Statement of Changes in Beneficial Ownership (4) 09/14/2018 04:55:20 PM
TPL News: Statement of Changes in Beneficial Ownership (4) 08/27/2018 04:11:39 PM
TPL News: Quarterly Report (10-q) 08/07/2018 04:39:47 PM
TPL News: Current Report Filing (8-k) 07/31/2018 04:50:53 PM
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#221  Sticky Note Horizon Kinectics 1st Quarter Commentary (4/2018) Enterprising Investor 04/22/18 11:29:19 PM
#311   That's an interesting comment by the CEO of couldbebetter 09/14/18 10:50:01 PM
#310   According to General Agent and CEO Tyler Glover. There Enterprising Investor 09/13/18 03:40:33 PM
#309   Meet the Shalennials: CEOs Under 40 Making Millions Enterprising Investor 09/13/18 02:15:30 PM
#308   TPL balance sheet is irrelevant when it comes Enterprising Investor 09/09/18 08:07:04 PM
#305   Permian Oil Auction Gets Record $1 Billion as Enterprising Investor 09/09/18 10:27:49 AM
#304   TPL holding up well...not good for those looking couldbebetter 09/08/18 08:47:18 AM
#303   The most confounding part of TPL is the couldbebetter 08/31/18 07:56:03 AM
#302   TPL SEC 10-K December 31, 2017 bar1080 08/31/18 07:05:01 AM
#301   Thanks, CBB/Glenn (yes, I've known about Glenn). bar1080 08/31/18 06:58:16 AM
#300   Thanks EI. I'm just digging into TPL's financials now. bar1080 08/31/18 06:41:02 AM
#299   bar1080, Perhaps you read some posts of mine couldbebetter 08/30/18 08:04:43 PM
#298   Believe it or not, someone actually recommended shorting Enterprising Investor 08/30/18 06:33:22 PM
#297   I’m a solo stock amateur. I only got Nestegg McMuffin 08/30/18 05:03:19 PM
#296   "really don't see this stock being hyped by bar1080 08/30/18 03:29:38 PM
#295   In recent years TPL has sold at a couldbebetter 08/30/18 02:46:32 PM
#294   Drowning in Dirty Water, Permian Seeks $22 Billion Enterprising Investor 08/29/18 11:56:40 PM
#293   Glowing endorsements like the one below (not from bar1080 08/28/18 03:59:20 PM
#292   Agreed. The moat is that TPL fully owns Nestegg McMuffin 08/28/18 12:15:41 PM
#291   "This a low risk solid return play. Perhaps bar1080 08/28/18 12:07:44 PM
#290   bar1080, TPL trades at around 30X what couldbebetter 08/28/18 11:46:13 AM
#289   Another red flag are pump posts in the bar1080 08/28/18 11:37:50 AM
#288   Dividends have also been minor for a reason. Enterprising Investor 08/28/18 11:32:40 AM
#287   Will be watching TPL but the market is bar1080 08/27/18 11:15:34 PM
#286   Here is why TPL stock is still a couldbebetter 08/27/18 08:00:03 PM
#285   bar1080, TPL (though technically a trust..with 3 trustees) couldbebetter 08/27/18 07:46:39 PM
#284   TPL hits new all-time high (8/27/18) Enterprising Investor 08/27/18 07:02:04 PM
#283   TPL's small local auditor is the only red bar1080 08/27/18 01:13:48 PM
#282   Full time job for next five years! Nestegg McMuffin 08/27/18 11:05:36 AM
#281   I went to law school almost that long bar1080 08/27/18 10:52:57 AM
#280   Posts are not only designed to show a Enterprising Investor 08/27/18 10:52:15 AM
#279   It is a trust. Tax laws were different Enterprising Investor 08/27/18 10:45:22 AM
#278   But isn't it a trust? bar1080 08/27/18 10:40:45 AM
#277   TPL is not a REIT or LP. Enterprising Investor 08/27/18 10:39:32 AM
#276   What tax document does a TPL shareholder receive, bar1080 08/26/18 07:22:35 PM
#275   Too bad for our IHUB locals that almost bar1080 08/26/18 03:09:13 PM
#274   You can set this comment to auto repeat Nestegg McMuffin 08/26/18 12:28:00 PM
#273   TPL hits new all-time high (8/24/18) Enterprising Investor 08/26/18 12:01:36 AM
#272   Up $50 today with no company news unless Nestegg McMuffin 08/24/18 05:22:19 PM
#271   If last ER is anything to go by, Nestegg McMuffin 08/09/18 09:11:38 PM
#270   TPL hits new all-time high (8/09/18) Enterprising Investor 08/09/18 06:42:49 PM
#269   TPL cash on hand was $85.895 million at Enterprising Investor 08/07/18 11:35:07 PM
#268   Seeking Alpha article on TPL https://www.google.com/amp/s/seekingalpha.com/amp/ Nestegg McMuffin 08/07/18 10:17:49 AM
#267   For anyone new to TPL, the Trust is Enterprising Investor 08/07/18 09:47:40 AM
#266   This year TPL may earn $30 for 2018. couldbebetter 08/07/18 07:54:33 AM
#265   TPL had a good day (8/01/18) Enterprising Investor 08/01/18 05:44:27 PM
#264   It really comes down to the earnings, it’s Aitkenresearch 07/31/18 08:08:54 PM
#263   New price target of 1250-1500.00 based on 20% Aitkenresearch 07/31/18 06:34:48 PM
#262   Massive increases in net income across the board Nestegg McMuffin 07/31/18 05:44:05 PM
#261   Texas Pacific Land Trust Announces Second Quarter 2018 Enterprising Investor 07/31/18 04:50:52 PM
#260   Earnings report now coming after hours July 31 Nestegg McMuffin 07/30/18 04:46:11 PM
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