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Texas Pacific Land Trust (TPL)

NYSE - Nasdaq Real Time Price. Currency in USD
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391.00+0.74 (+0.19%)
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Texas Pacific Land Trust

1700 Pacific Avenue
Suite 2770
Dallas, TX 75201
United States
214-969-5530
http://www.tpltrust.com

SectorFinancial
IndustryReal Estate Development
Full Time Employees10

Key Executives

NameTitlePayExercisedAge
Mr. Tyler GloverChief Exec. Officer, Co-Gen. Agent and Sec.192.06kN/A32
Mr. David M. PetersonChief Exec. Officer, Gen. Agent and Sec.N/AN/A51
Mr. Robert J. PackerChief Financial Officer and Co-Gen. Agent205.49kN/A48
Amounts are as of December 31, 2016 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. Currency in USD.

Description

Texas Pacific Land Trust holds title to tracts of land in the state of Texas, the United States. It manages these lands for the benefit of the holders of Certificates of Proprietary Interest in the Trust. The company is also involved in the sale of land, oil and gas royalties, and grazing leases of the land. As of December 31, 2016, it owned the surface estate in 887,553 acres of land comprising various separate tracts located in 18 counties in the western part of Texas. The company also owns a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land, as well as a 1/16 nonparticipating perpetual oil and gas royalty interest under 373,777 acres of land in the western part of Texas. Texas Pacific Land Trust was founded in 1888 and is based in Dallas, Texas.

Corporate Governance

Texas Pacific Land Trust’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.