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Friday, November 27, 2009, 10:01PM ET - U.S. Markets closed early today. Dow Down 1.48% Nasdaq Down 1.73%
Texas Pacific Land Trust (TPL)At 1:03PM ET: 27.70  Down 0.45 (1.60%)  
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Texas Pacific Land Trust
1700 Pacific Avenue
Suite 1670
Dallas, TX 75201
United States - Map
Phone: 214-969-5530
Web Site: http://www.TPLTrust.com

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Diversified Investments
Full Time Employees:8

BUSINESS SUMMARY 
Texas Pacific Land Trust engages in the sale, lease, and management of land in the United States. It also retains oil and gas royalties, and engages in temporary cash investments. The company leases land to the ranching industry for grazing purposes. As of December 31, 2008, it owned the surface estate in 963,248 acres of land located in 20 counties in the western part of Texas. The company also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 386,988 acres of land in the western part of Texas. Texas Pacific Land Trust was founded in 1888 and is based in Dallas, Texas.
Key Statistics

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    KEY EXECUTIVES 
     PayExercised
    Mr. Roy Thomas , 62
    Chief Exec. Officer, Sec. and Gen. Agent
    $ 212.00KN/A
    Mr. David M. Peterson , 43
    Chief Financial Officer, Principal Accounting Officer and Assistant Gen. Agent
    $ 141.00KN/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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