Texas Pacific Land (Texas Pacific Land) 5-Year Yield-on-Cost %

: 10.46 (As of Today)

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Texas Pacific Land's yield on cost for the quarter that ended in Dec. 2023 was 10.46.

The historical rank and industry rank for Texas Pacific Land's 5-Year Yield-on-Cost % or its related term are showing as below:

TPL' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.84 Med: 3.21 Max: 31.11
Current: 10.46

During the past 13 years, Texas Pacific Land's highest Yield on Cost was 31.11. The lowest was 0.84. And the median was 3.21.

TPL's 5-Year Yield-on-Cost % is ranked better than
79.07% of 492 companies
in the Oil & Gas industry
Industry Median: 4.84 vs TPL: 10.46

Competitive Comparison

For the Oil & Gas E&P subindustry, Texas Pacific Land's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Texas Pacific Land 5-Year Yield-on-Cost % Distribution

For the Oil & Gas industry and Energy sector, Texas Pacific Land's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Texas Pacific Land's 5-Year Yield-on-Cost % falls into.

Texas Pacific Land 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Texas Pacific Land is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Texas Pacific Land (NYSE:TPL) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Texas Pacific Land 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Texas Pacific Land's 5-Year Yield-on-Cost % provided by GuruFocus.com. Please click on the following links to see related term pages.

Texas Pacific Land (Texas Pacific Land) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Texas Pacific Land Corp (NYSE:TPL) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

9WY:Germany 9WY:Germany

Address

1700 Pacific Avenue, Suite 2900, Dallas, TX, USA, 75201

Website

https://www.texaspacific.com

Texas Pacific Land Corp is mainly engaged in sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres located in 19 different counties. The Water Service and Operations segment includes Water Sourcing, Produced Water Gathering / Treatment / Recycling, Infrastructure Development, Produced Water Disposal, Water Tracking / Analytics / Well Testing.

Executives

Murray Stahl	director	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Horizon Kinetics Asset Management Llc	10 percent owner	470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Rhys J Best	director	MRC GLOBAL INC., 2 HOUSTON CENTER, 909 FANNIN, SUITE 3100, HOUSTON TX 77010
Donald G Cook	director	100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Micheal W. Dobbs	officer: Senior VP, Secretory + GC	1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Karl F Kurz	director	DEVON ENERGY CORP., 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Stephanie Buffington	officer: Chief Accounting Officer
Dana F. Mcginnis	director	112 E PECAN STREET, SUITE 1425, SAN ANTONIO TX 78025
Barbara J Duganier	director	6 CARLTON PARK COURT, HOUSTON TX 77024-7316
Norris John R Iii	director	3811 TURTLE CREEK BLVD #400, C/O CALOWAY NORRIS & BURDETTE, DALLAS TX 75219
Donna E Epps	director	11465 JOHNS CREEK PARKWAY, SUITE400, JOHNS CREEK GA 30097
Eric L Oliver	director	303 W WALL, SUITE 1700, MIDLAND TX 79701
Chris Steddum	officer: Chief Financial Officer	1700 PACIFIC AVENUE, SUITE 2900, DALLAS TX 75201
Tyler Glover	director, officer: President & CEO	1700 PACIFIC AVENUE, SUITE 2770, C/O TEXAS PACIFIC LAND TRUST, DALLAS TX 75201
David E. Barry	director	C/O SIDRA REAL ESTATE, INC., TWO RIVERWAY, SUITE 1010, HOUSTON TX 77056