Texas Pacific Land
Dallas · Founded 1871
About Texas Pacific Land
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 toshares 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 888,333 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 459,200 acres.
Company Facts
- Founded: 1871
- Operating status: Active
- Company type: For Profit
- IPO status: Public
- Employees: 51 – 100
- Estimated revenue: $500K – $1M
- Total funding: $500.0M
- Funding stage: IPO
- Last round: Post-IPO Debt (Oct 2025)
- Ticker: nyse:TPL
- Website: texaspacific.com
- Phone: +1 214 969 5530
Industries & Categories
Energy, Infrastructure, Oil and Gas, Real Estate, Water
Social Profiles
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