Texas Pacific Land Corp.
News
In Busy Minerals M&A Year, Freehold Grabs $152MM Midland Interests
Canadian player Freehold Royalties is getting deeper in the Permian with a CA$216 million (US$152 million) Midland Basin acquisition as minerals buyers intensify M&A in the basin.
Exclusive: TPL Eyes Midland Growth to Replicate Delaware Basin Success
Texas Pacific Land CFO Chris Steddum discusses the company's approach to acquisitions in both the Delaware and Midland basins, and TPL's selective strategy when evaluating deals, in this Hart Energy Exclusive interview.
Texas Pacific Land Closes $290MM Permian Minerals, Royalties Deal
Texas Pacific Land Corp. acquired Permian Basin oil and gas minerals and royalties operated by Exxon Mobil, Diamondback Energy, Occidental Petroleum and ConocoPhillips.
Dorchester Minerals Closes M&A in Midland, Delaware, D-J
Limited partnership Dorchester Minerals closed two transactions in the Permian Basin and in Colorado’s Denver-Julesburg (D-J) Basin.
Texas Pacific Land Acquires Delaware Minerals, Midland Acreage
Texas Pacific Land Corp. said it closed acquisitions of net royalty interests in the Delaware Basin and more than 4,100 Midland Basin acres.
For Sale: Grandma’s Minerals
A younger generation more open to selling subsurface rights has increased supply for the minerals and royalties market, and Mesa Minerals III is buying up interests in the Permian and Haynesville.
From Failed Post-Civil War Railroad to Permian Basin Royalties Giant
The Texas Pacific Land Corp. has a storied history, setting it up to thrive in Permian royalties, water, easements and more.
Texas Pacific Land Declares Largest Special Dividend
Texas Pacific Land’s $10 per share dividend will cost the company approximately $230 million.
Oil, Gas Firms’ Rising Market Caps Bump Laggards Off S&P Indices
Private equity investment firm KKR & Co. Inc. is among energy-related firms joining the S&P 500 as their market capitalization grows.
Minerals Market Growing But Needs More Scale, Consolidation
The market value of public minerals and royalties companies has doubled since 2019—but the sector needs to grow even larger to attract generalist investors into the fray, experts say.
Texas Pacific Land Approves Three-for-one Stock Split
Each stockholder of record as of March 18 will be distributed two shares for each share owned.
Milestone Carbon Announces Second Land Agreement for CCS
Milestone Carbon is leasing 22,000 acres of land and pore space from Texas Pacific Land Corp. in the Permian Basin for the geologic sequestration of CO2.
Texas Pacific Land, WaterBridge Form Delaware Basin Water Alliance
Texas Pacific Land Corp.' and WaterBridge NBD's alliance will provide the Delaware Basin with a model for sustainable, ESG-friendly operations.
Texas Pacific Land, Milestone Carbon to Perform Permian Basin Carbon Sequestration Study
Milestone Carbon LLC will evaluate geological and geophysical characteristics of Texas Pacific Land Corp.'s Permian Basin acreage for sequestering captured CO2.
Texas Pacific Land Releases Inaugural ESG Disclosure
Over the past year, Texas Pacific Land has assessed and developed an ESG program that will "allow the company to steadily build upon sustainability objectives." the company's CEO said.