Texas Pacific Land Management
Management criteria checks 4/4
Texas Pacific Land's CEO is Tyler Glover, appointed in Nov 2016, has a tenure of 7.5 years. total yearly compensation is $6.11M, comprised of 13.9% salary and 86.1% bonuses, including company stock and options. directly owns 0.021% of the company’s shares, worth $2.72M. The average tenure of the management team and the board of directors is 6.9 years and 3.3 years respectively.
Key information
Tyler Glover
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 13.9% |
| CEO tenure | 7.5yrs |
| CEO ownership | 0.02% |
| Management average tenure | 6.9yrs |
| Board average tenure | 3.3yrs |
Recent management updates
Recent updates
Texas Pacific Land: Striking Black Gold In The Permian
Apr 10Texas Pacific Land's (NYSE:TPL) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 28
Landlord To The Permian Boom: Why I Just Went Big Into Texas Pacific Land Stock
Feb 23Calculating The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)
Feb 20Texas Pacific Land Is Downgraded To Sell From Hold
Jan 18Texas Pacific: Issue Stock To Buy Land, Cause They Are Not Making It Any More
Jan 02Texas Pacific Land Corporation's (NYSE:TPL) Business Is Yet to Catch Up With Its Share Price
Dec 18Texas Pacific Land: Owning Dirt In The Permian
Nov 22We Discuss Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO Is Due For A Pay Rise
Nov 04Black Gold And Vast Lands: The Texas Pacific Land Corp Story
Sep 22Here's Why We Think Texas Pacific Land (NYSE:TPL) Might Deserve Your Attention Today
Sep 09A Look At The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)
Aug 01Texas Pacific Land: Almost Like A Permian Basin ETF
Jul 13Texas Pacific Land: Sneaking Back Into The Bargain Bin
Jul 03There And Back Again: A Texas Pacific Bubble Story
May 30Is Now The Time To Put Texas Pacific Land (NYSE:TPL) On Your Watchlist?
May 28A Boring Look At Texas Pacific Land Litigation Against Horizon Kinetics
May 23Texas Pacific Land and bpx energy enter water and surface use agreements
Feb 23We Ran A Stock Scan For Earnings Growth And Texas Pacific Land (NYSE:TPL) Passed With Ease
Feb 17Texas Pacific Land raises quarterly dividend by 8.3% to $3.25/share
Feb 13Texas Pacific Land: Still Expensive And With Principal-Agent Problems
Feb 07Is Texas Pacific Land Corporation (NYSE:TPL) Worth US$2.0k Based On Its Intrinsic Value?
Jan 30Texas Pacific Land goes ex dividend tomorrow
Dec 06We Take A Look At Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO May Be Underpaid
Nov 10If EPS Growth Is Important To You, Texas Pacific Land (NYSE:TPL) Presents An Opportunity
Nov 04Texas Pacific Land GAAP EPS of $16.82 beats by $2.44, revenue of $191.11M beats by $15.44M
Nov 02Estimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)
Oct 20Texas Pacific Land Corporation's Royalties Have Strong Upside Potential
Sep 17Texas Pacific Land goes ex-dividend tomorrow
Sep 06Does Texas Pacific Land (NYSE:TPL) Deserve A Spot On Your Watchlist?
Aug 05Texas Pacific Land GAAP EPS of $15.37 misses by $0.08, revenue of $176.27M beats by $1.48M
Aug 03Is Texas Pacific Land Corporation (NYSE:TPL) Trading At A 20% Discount?
Jul 20Why I Sold My Remaining Texas Pacific Land Shares
Jun 15Horizon Kinetics - Texas Pacific Land Corp: A Strategic Alliance With Cryptocurrency Mining Companies
Jun 07Earnings Miss: Texas Pacific Land Corporation Missed EPS By 8.3% And Analysts Are Revising Their Forecasts
May 07LRT Capital - Texas Pacific Land Trust: Competitively Advantaged In The Commodity Space
May 06CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$6m | US$850k | US$406m |
| Sep 30 2023 | n/a | n/a | US$392m |
| Jun 30 2023 | n/a | n/a | US$417m |
| Mar 31 2023 | n/a | n/a | US$435m |
| Dec 31 2022 | US$6m | US$850k | US$446m |
| Sep 30 2022 | n/a | n/a | US$426m |
| Jun 30 2022 | n/a | n/a | US$380m |
| Mar 31 2022 | n/a | n/a | US$318m |
| Dec 31 2021 | US$5m | US$850k | US$270m |
| Sep 30 2021 | n/a | n/a | US$236m |
| Jun 30 2021 | n/a | n/a | US$198m |
| Mar 31 2021 | n/a | n/a | US$169m |
| Dec 31 2020 | US$3m | US$850k | US$176m |
| Sep 30 2020 | n/a | n/a | US$200m |
| Jun 30 2020 | n/a | n/a | US$214m |
| Mar 31 2020 | n/a | n/a | US$236m |
| Dec 31 2019 | US$4m | US$800k | US$319m |
| Sep 30 2019 | n/a | n/a | US$312m |
| Jun 30 2019 | n/a | n/a | US$303m |
| Mar 31 2019 | n/a | n/a | US$306m |
| Dec 31 2018 | US$2m | US$480k | US$210m |
| Sep 30 2018 | n/a | n/a | US$172m |
| Jun 30 2018 | n/a | n/a | US$154m |
| Mar 31 2018 | n/a | n/a | US$122m |
| Dec 31 2017 | US$724k | US$381k | US$97m |
Compensation vs Market: Tyler's total compensation ($USD6.11M) is below average for companies of similar size in the US market ($USD13.56M).
Compensation vs Earnings: Tyler's compensation has been consistent with company performance over the past year.
CEO
Tyler Glover (38 yo)
7.5yrs
Tenure
US$6,108,717
Compensation
Mr. Tyler Glover serves as President and Chief Executive Officer at Texas Pacific Land Corporation and its Trustee since January 11, 2021. He served as Chief Executive Officer, General Agent and Secretary...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 7.5yrs | US$6.11m | 0.021% $ 2.7m | |
| Chief Financial Officer | 2.9yrs | US$3.03m | 0.0088% $ 1.1m | |
| Senior VP | 3.8yrs | US$2.11m | 0.0040% $ 519.3k | |
| Chief Accounting Officer | 7.3yrs | no data | 0.0027% $ 353.5k | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive Vice President of Texas Pacific Water Resources LLC | 6.9yrs | no data | no data |
6.9yrs
Average Tenure
43yo
Average Age
Experienced Management: TPL's management team is seasoned and experienced (6.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.3yrs | US$6.11m | 0.021% $ 2.7m | |
| Independent Chair | 2.1yrs | US$269.40k | 0.0034% $ 437.0k | |
| Independent Trustee | 3.3yrs | US$278.59k | 0.0029% $ 367.6k | |
| Independent Trustee | 3.3yrs | US$241.59k | 0.034% $ 4.4m | |
| Independent Trustee | 3.3yrs | US$241.59k | 0.038% $ 4.9m | |
| Independent Director | 2.1yrs | US$256.59k | 0.0024% $ 312.3k | |
| Independent Trustee | 3.3yrs | US$268.59k | 0.0031% $ 392.0k | |
| Independent Director | less than a year | US$35.86k | 0.0012% $ 152.9k | |
| Independent Director | less than a year | US$35.86k | 0.0051% $ 655.5k | |
| Independent Trustee | 3.3yrs | US$283.59k | 0.0029% $ 367.6k |
3.3yrs
Average Tenure
62.5yo
Average Age
Experienced Board: TPL's board of directors are considered experienced (3.3 years average tenure).