Texas Pacific Land Trust

Texas Pacific Land Trust

TPL is a land trust founded in 1888 and is one of the largest landowners in Texas with over 900,000 acres in 20 West Texas counties.

Texas Pacific Land Trust is mainly engaged in sales and leases of land owned, retaining oil and gas royalties and the overall management of the land owned. The company operates its business in two segments including Land and Resource Management and Water Service and Operations. Texas Pacific owns approximately 888,000 acres of land located in various countries. The trust derives revenue from all avenues of managing the land which includes oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales.

Timeline

May 12, 2020

Texas Pacific Land Trust Committee Recommends Conversion to a C-Corp Structure

March 23, 2020

The Trustees of Texas Pacific Land Trust (NYSE: TPL) (the "Trust") announced today that the Trust has approved a plan to reorganize from its current structure to a corporation formed under Delaware law.

February 24, 2020

Texas Pacific Land Trust Declares Regular and Special Dividends: an increase of $8.25 over the cash dividend paid in 2019, payable March 16, 2020 to sub-shareholders of record at the close of business on March 9, 2020.

August 9, 2019

Texas Pacific Land Trust Appoints Sameer Parasnis as Executive Vice President and Chief Commercial Officer

July 31, 2019

FGT Family Partners (the "Investor Group") with respect to the previous proxy contest and the pending litigation between the parties in the U.S. District Court for the Northern District of Texas in Dallas.

People

Name
Role
LinkedIn

Chris Steddum

Vice President, Finance and Investor Relations

Robert J. Packer

Chief Financial Officer and General Agent

Sameer Parasnis

Chief Commercial Officer

Tyler Glover

Chief Executive Officer, Secretary and General Agent

Further reading

Title
Author
Link
Type
Date

Texas Pacific Land Trust - Company Profile and News

Bloomberg

Web

What Kind Of Investor Owns Most Of Texas Pacific Land Trust (NYSE:TPL)?

Simply Wall St.

Web

April 14, 2020

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

Texas Pacific Water Resources

Robert A. Crain

Dallas

Water resource development

News

Title
Author
Date
Publisher
Description
SoftVest, L.P., Horizon Kinetics LLC and ART-FGT Family Partners
May 6, 2019
www.prnewswire.com:443
DALLAS, May 6, 2019 /PRNewswire/ -- SoftVest, L.P., Horizon Kinetics LLC and ART-FGT Family Partners, which collectively beneficially own over 25% of the...
SoftVest L.P.; Horizon Kinetics LLC; ART-FGT Family Partners
May 1, 2019
www.prnewswire.com:443
DALLAS, May 1, 2019 /PRNewswire/ -- SoftVest, L.P., Horizon Kinetics LLC and ART-FGT Family Partners, which collectively beneficially own over 25% of the...

References

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