Texas Pacific Land Corporation Announces Quarterly Dividend
13 Fevereiro 2023 - 6:15PM
Business Wire
Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or
“TPL”) today announced that on February 10, 2023, the Board of
Directors declared a quarterly cash dividend of $3.25 per share,
payable on March 15, 2023 to stockholders of record at the close of
business on March 8, 2023.
About Texas Pacific Land Corporation
Texas Pacific Land Corporation is one of the largest landowners
in the State of Texas with approximately 874,000 acres of land in
West Texas, with the majority of its ownership concentrated in the
Permian Basin. The Company is not an oil and gas producer, but its
surface and royalty ownership provide revenue opportunities
throughout the life cycle of a well. These revenue opportunities
include fixed fee payments for use of our land, revenue for sales
of materials (caliche) used in the construction of infrastructure,
providing sourced water and/or treated produced water, revenue from
our oil and gas royalty interests, and revenues related to
saltwater disposal on our land. The Company also generates revenue
from pipeline, power line and utility easements, commercial leases
and temporary permits related to a variety of land uses including
midstream infrastructure projects and hydrocarbon processing
facilities.
Visit TPL at http://www.TexasPacific.com.
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Investor Relations IR@TexasPacific.com
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