Texas Pacific Land Corporation (TPL) has a MoatMap StockRank of 74/100 based on Quality (87/100), Value (11/100), and Momentum (58/100) factor scores. The current signal is BUY. Texas Pacific Land Corporation is the ultimate asset-light royalty model. It owns vast acreage in the Permian Basin, collecting royalties on oil and gas production and water sales without spending a single dollar of capital on drilling. With the Geopolitical Energy Risk Premium keeping oil prices structurally elevated, operators are highly incentivized to maintain and grow production. This translates directly to high-margin, pure-FCF owner earnings for TPL, making it a perfect inflation hedge and quality compounder.
Texas Pacific Land Corporation manages vast land and mineral interests across West Texas, primarily within the prolific Permian Basin, generating revenue from oil and gas royalties, land sales, and water usage fees. Its unique and irreplaceable asset base provides a significant competitive moat, offering passive, high-margin revenue streams directly tied to energy production without the operational risks of E&P companies. This positions TPL as a distinctive play on the long-term productivity of the Permian Basin.
| Price | $406.73 |
| Market Cap | $27.7B |
| P/E (TTM) | 55.87 |
| P/E (Forward) | 5.56 |
| Price/Book | 18.03 |
| Return on Equity | 36.5% |
| Return on Invested Capital | 39.4% |
| Debt/Equity | 1.16 |
| Gross Margin | 93.2% |
| Operating Margin | 77.2% |
| Revenue Growth | 20.8% |
| Dividend Yield | 0.6% |
| Free Cash Flow | $-56M |
Texas Pacific Land Corporation operates in the Oil & Gas E&P industry, part of the Energy sector (United States).