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 8.08 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 $5.57M. The average tenure of the management team and the board of directors is 7.5 years and 3.9 years respectively.
Key information
Tyler Glover
Chief executive officer
US$6.1m
Total compensation
| CEO salary percentage | 13.9% |
| CEO tenure | 8.1yrs |
| CEO ownership | 0.02% |
| Management average tenure | 7.5yrs |
| Board average tenure | 3.9yrs |
Recent management updates
Recent updates
Texas Pacific Land Has High Growth Prospects That May Be Priced In
Dec 30Texas Pacific Land Corporation (NYSE:TPL) Shares Slammed 35% But Getting In Cheap Might Be Difficult Regardless
Dec 22
Texas Pacific: 70% Down To Fair Value
Dec 09With EPS Growth And More, Texas Pacific Land (NYSE:TPL) Makes An Interesting Case
Dec 05Texas Pacific Land: Robust Performance In Q3 - Still Bullish
Nov 22Texas Pacific Land's (NYSE:TPL) Solid Profits Have Weak Fundamentals
Nov 14My Best Investment Ever - Why I Remain Bullish On Texas Pacific Land
Nov 07Why Investors Shouldn't Be Surprised By Texas Pacific Land Corporation's (NYSE:TPL) 34% Share Price Surge
Oct 12Texas Pacific Land: One-Of-A-Kind Energy Stock
Sep 25Texas Pacific Land: Unique Business Model With Good Prospects, But May Be Overvalued
Sep 13Here's Why Texas Pacific Land (NYSE:TPL) Has Caught The Eye Of Investors
Aug 09Texas Pacific Land: So Bullish, 13% Of My Portfolio Is Just The Beginning
Aug 08Texas Pacific Land: A Former Great Buy, But Not Anymore
Jul 31Earnings Tell The Story For Texas Pacific Land Corporation (NYSE:TPL) As Its Stock Soars 26%
Jun 19Estimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)
May 23Texas Pacific Land: I'm So Bullish It Hurts
May 11Texas 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 28Landlord 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: Owning Dirt In The Permian
Nov 22Black Gold And Vast Lands: The Texas Pacific Land Corp Story
Sep 22Texas 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 30A Boring Look At Texas Pacific Land Litigation Against Horizon Kinetics
May 23Texas Pacific Land and bpx energy enter water and surface use agreements
Feb 23Texas Pacific Land raises quarterly dividend by 8.3% to $3.25/share
Feb 13Texas Pacific Land: Still Expensive And With Principal-Agent Problems
Feb 07CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$449m |
| Jun 30 2024 | n/a | n/a | US$448m |
| Mar 31 2024 | n/a | n/a | US$433m |
| 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 ($USD12.85M).
Compensation vs Earnings: Tyler's compensation has been consistent with company performance over the past year.
CEO
Tyler Glover (39 yo)
8.1yrs
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 | 8.1yrs | US$6.11m | 0.021% $ 5.6m | |
| Chief Financial Officer | 3.5yrs | US$3.03m | 0.0073% $ 1.9m | |
| Senior VP | 4.3yrs | US$2.11m | 0.0040% $ 1.1m | |
| Chief Accounting Officer | 7.9yrs | no data | 0.0025% $ 668.2k | |
| Vice President of Finance & Investor Relations | no data | no data | no data | |
| Executive Vice President of Texas Pacific Water Resources LLC | 7.5yrs | no data | no data |
7.5yrs
Average Tenure
45yo
Average Age
Experienced Management: TPL's management team is seasoned and experienced (7.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.9yrs | US$6.11m | 0.021% $ 5.6m | |
| Independent Chair | 2.7yrs | US$269.40k | 0.0034% $ 897.1k | |
| Independent Trustee | 3.9yrs | US$278.59k | 0.0029% $ 752.4k | |
| Independent Trustee | 3.9yrs | US$241.59k | 0.034% $ 9.0m | |
| Independent Trustee | 3.9yrs | US$241.59k | 0.038% $ 10.0m | |
| Independent Director | 2.7yrs | US$256.59k | 0.0024% $ 639.3k | |
| Independent Trustee | 3.9yrs | US$268.59k | 0.0031% $ 815.6k | |
| Independent Director | 1.1yrs | US$35.86k | 0.0012% $ 313.1k | |
| Independent Director | 1.1yrs | US$35.86k | 0.0051% $ 1.3m | |
| Independent Trustee | 3.9yrs | US$283.59k | 0.0029% $ 752.4k |
3.9yrs
Average Tenure
63.5yo
Average Age
Experienced Board: TPL's board of directors are considered experienced (3.9 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 12:52 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Texas Pacific Land Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hamed Khorsand | BWS Financial Inc. |
| William Janela | Credit Suisse |
| Parth Talsania | Equisights |