TPL

Texas Pacific Land Corporation is a landowner in the state of Texas with approximately 874,000 acres of land in West Texas, with its ownership concentrated in the Permian Basin. The Company's segments include Land and Resource Management and Water Services and Operations. The Land and Resource Management segment encompasses the business of managing approximately 874,000 surface acres of land and its oil and gas royalty interests in West Texas. This segment consists primarily of oil and gas royalties, revenues from easements and commercial leases, and land and material sales. The Company’s Water Services and Operations segment encompasses the business of providing full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC (TPWR). These full-service water offerings include, water sourcing, produced water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics and well testing services.