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.

Edit ID  16057147 

Charlie Hilton
Charlie Hilton edited on 12 May, 2020
Edits made to:
Infobox (+12/--1 properties)
Timeline (+5 events) (+809 characters)
Description (+132/-7 characters)
Article (+537 characters)
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Texas Pacific Land Trust

Company

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.

Article

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.

Infobox
Date incorporated
1888
Tagline
A Pure Play Permian Basin Trust
CIK number
97,517
Founded date
1888
Full address
1700 Pacific Avenue Suite 2900 Dallas, TX 75201
Industry
Energy
IRS number
750,279,735
Legal classification
Land trust
Number of Employees (ranges)
100–249
Phone number
214-969-5530
Place of incorporation
Dallas
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.

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