Texas Pacific Land Corporation

Texas Pacific Land Corporation is a publicly traded real estate operating company headquartered in Dallas, Texas. It manages extensive land holdings primarily in West Texas, focusing on two core business segments: Land and Resource Management and Water Services and Operations. The Land and Resource Management segment oversees approximately 873,000 surface acres and 207,000 net royalty acres, mainly in the Permian Basin, generating revenue from oil and gas royalties, easements for pipelines, power lines, utilities, and subsurface wellbores, as well as commercial leases for processing facilities, storage, compression, roads, material sales, and renewables. The Water Services and Operations segment, operated through its wholly-owned subsidiary Texas Pacific Water Resources, LLC, provides full-service water solutions to operators in the Permian Basin, including brackish water sourcing, produced water treatment, infrastructure development, disposal, and recycling essential for hydraulic fracturing. Texas Pacific Land Corporation plays a vital role in supporting energy sector activities by monetizing its land assets across the oil and gas value chain while promoting sustainable resource management.