Texas Pacific Land Trust is engaged in holding title to tracts of land in several counties in West Texas. Co. has two segments: Land and Resource Management, which encompasses the business of managing the land and its oil and gas royalty interests in West Texas; and Water Service and Operations, which encompasses the business of providing water offerings to operators in the Permian Basin. Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by Co. provides water offerings. These services include, but are not limited to, water sourcing, produced-water gathering/treatment, infrastructure development, water tracking, analytics and well testing services. The TPL stock yearly return is shown above.
The yearly return on the TPL stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2019 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the TPL annual return calculation with any dividends reinvested as applicable (on ex-dates).
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