Texas Pacific Financials

TPL Stock  USD 1,374  38.75  2.90%   
Based on the measurements of operating efficiency obtained from Texas Pacific's historical financial statements, Texas Pacific Land may be sliding down financialy. It has an above-average risk of going through some form of financial distress next quarter. At this time, Texas Pacific's Property Plant And Equipment Net is quite stable compared to the past year. Non Current Assets Total is expected to rise to about 308.6 M this year, although the value of Other Assets will most likely fall to about 6.9 M. Key indicators impacting Texas Pacific's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.440.6423
Way Down
Pretty Stable
Return On Assets0.330.3508
Notably Down
Slightly volatile
Return On Equity0.420.3888
Significantly Up
Slightly volatile
Operating Income510.4 M486.1 M
Sufficiently Up
Slightly volatile
Current Ratio12.9913.6762
Notably Down
Pretty Stable
The essential information of the day-to-day investment outlook for Texas Pacific includes many different criteria found on its balance sheet. An individual investor should monitor Texas Pacific's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Texas Pacific.

Cash And Equivalents

616.83 Million

  
Understanding current and past Texas Pacific Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Texas Pacific's financial statements are interrelated, with each one affecting the others. For example, an increase in Texas Pacific's assets may result in an increase in income on the income statement.

Texas Pacific Stock Summary

Texas Pacific competes with Magnolia Oil, Civitas Resources, California Resources, Matador Resources, and Chord Energy. Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas. Texas Pacific operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. It employs 92 people.
Specialization
Energy, Oil & Gas E&P
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS88262P1021
CUSIP88262P102 882610108
LocationTexas; U.S.A
Business Address1700 Pacific Avenue,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.texaspacific.com
Phone214 969 5530
CurrencyUSD - US Dollar

Texas Pacific Key Financial Ratios

Texas Pacific Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets598.2M571.6M764.1M877.4M1.2B1.2B
Retained Earnings512.1M487.9M668.0M866.1M1.2B1.2B
Other Assets111.1M211.3M111.6M6.3M7.3M6.9M
Net Receivables63.0M48.2M95.2M104.0M129.0M135.4M
Total Current Assets473.7M439.8M635.6M743.1M862.5M905.6M
Other Current Liab(12.8M)4.1M29.1M11.2M27.3M28.7M
Net Debt(300.3M)(278.2M)(426.8M)(508.9M)(724.0M)(687.8M)
Accounts Payable19.2M14.7M18.0M23.9M22.5M23.6M
Cash303.6M281.0M428.2M510.8M725.2M761.4M
Total Liab86.0M86.5M112.4M104.5M113.2M118.9M
Other Current Assets(366.6M)2.0M3.1M7.4M2.9M3.1M
Other Liab58.2M64.9M60.0M63.0M72.4M76.1M
Inventory107.1M108.5M109.1M109.7M5.4M5.1M
Short Term Debt13.4M696K26.2M0.011.7M6.9M
Net Tangible Assets512.1M485.2M651.7M772.9M888.8M933.3M
Common Stock245.8M513.6M487.9M78K89.7K85.2K
Cash And Equivalents303.6M281.0M428.2M510.8M587.5M616.8M
Net Invested Capital512.1M485.2M651.7M772.9M1.0B595.4M
Net Working Capital449.3M421.0M568.0M686.3M799.4M501.8M

Texas Pacific Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue490.5M302.6M451.0M667.4M631.6M663.2M
Gross Profit460.8M270.0M421.5M634.5M583.3M612.4M
Operating Income401.8M217.3M362.4M562.3M486.1M510.4M
Ebit401.8M217.3M362.4M562.3M355.3M373.0M
Ebitda410.7M231.6M378.7M577.7M500.8M525.9M
Income Before Tax404.5M219.7M363.0M568.9M517.6M543.4M
Net Income320.9M176.0M270.0M446.4M405.6M425.9M
Income Tax Expense83.5M43.6M93.0M122.5M111.9M117.5M
Interest Expense11.6M16.8M16.9M6.5M7.5M7.9M
Cost Of Revenue29.7M32.6M29.5M32.9M48.3M50.7M
Tax Provision83.5M43.6M93.0M122.5M111.9M72.5M

Texas Pacific Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash180.2M(20.6M)145.2M88.9M213.4M224.0M
Free Cash Flow305.6M185.0M249.6M426.3M378.3M397.2M
Other Non Cash Items(13.1M)13.0M16.3M53.0M64.3M67.5M
Dividends Paid46.5M201.7M85.3M247.3M(100.0M)(95.0M)
Capital Expenditures37.2M22.0M15.5M20.9M40.0M42.0M
Net Income318.7M176.0M270.0M446.4M405.6M425.9M
End Period Cash Flow303.6M283.0M428.2M517.2M730.5M767.1M
Depreciation8.9M14.4M16.3M15.4M14.8M15.5M
Change To Netincome25.9M(3.5M)248K9.7M11.1M11.7M
Investments(111.7M)(26.0M)(15.0M)(21.4M)(62.7M)(65.9M)

Texas Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Texas Pacific's current stock value. Our valuation model uses many indicators to compare Texas Pacific value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Texas Pacific competition to find correlations between indicators driving Texas Pacific's intrinsic value. More Info.
Texas Pacific Land is rated third in return on equity category among its peers. It is rated second in return on asset category among its peers reporting about  0.66  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Texas Pacific Land is roughly  1.51 . At this time, Texas Pacific's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Texas Pacific by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Texas Pacific Land Systematic Risk

Texas Pacific's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Texas Pacific volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Texas Pacific Land correlated with the market. If Beta is less than 0 Texas Pacific generally moves in the opposite direction as compared to the market. If Texas Pacific Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Texas Pacific Land is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Texas Pacific is generally in the same direction as the market. If Beta > 1 Texas Pacific moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Texas Pacific Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Texas Pacific's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Texas Pacific growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(3.61)

At this time, Texas Pacific's Price Earnings To Growth Ratio is quite stable compared to the past year.

Texas Pacific November 9, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Texas Pacific help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Texas Pacific Land. We use our internally-developed statistical techniques to arrive at the intrinsic value of Texas Pacific Land based on widely used predictive technical indicators. In general, we focus on analyzing Texas Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Texas Pacific's daily price indicators and compare them against related drivers.
When determining whether Texas Pacific Land is a strong investment it is important to analyze Texas Pacific's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Texas Pacific's future performance. For an informed investment choice regarding Texas Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Pacific. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.011
Dividend Share
14.6
Earnings Share
19.5
Revenue Per Share
29.861
Quarterly Revenue Growth
0.099
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.