Texas Pacific Land Corporation

Texas Pacific Land Corporation, based in the US, specializes in land and resource management, focusing on providing leasing opportunities and water services primarily to the energy sector. Founded in 1871, Texas Pacific Land Corporation operates in Dallas, US. The company primarily manages surface and royalty interests in land, and has seen growth in its operations related to energy resource leasing. The latest funding round, named LP Direct, occurred on June 25, 2025, where the company raised USD 0.

485 mn from investors including Cabot Wealth Management and Flower City Capital. The company has raised a total of USD 0. 485 mn to date. Texas Pacific Land Corporation (TPL) operates primarily under two business segments: Land and Resource Management and Water Services and Operations.

The Land and Resource Management segment focuses on managing extensive surface and royalty acreage, providing leasing opportunities to energy companies, particularly in the oil and gas sector. This segment serves a diverse clientele that includes major energy producers, independent operators, and various other industrial entities. In the Water Services and Operations segment, TPL offers water sourcing, distribution, and disposal services essential for hydraulic fracturing operations, ensuring a sustainable supply chain for its clients across key markets in the US, particularly in resource-rich regions like Texas. Texas Pacific Land Corporation generated revenue of USD 705.

82 mn and an EBITDA of USD 564. 30 mn for the most recent fiscal year 2024. Revenue is derived from lease agreements with energy companies that pay royalties based on the extraction of resources from TPL's land holdings, secured through long-term contracts. The Water Services and Operations segment provides water services on a contractual basis, tailored to meet specific client needs within the energy sector.

Texas Pacific Land Corporation aims to expand its operations by exploring new opportunities in the energy sector, particularly focusing on water service expansions in resource-rich areas of the US. The recent funding of USD 0. 485 mn will support these initiatives, enhancing their service capabilities and facilitating entry into additional markets. The company plans to leverage its strategic investments to optimize resource management and capitalize on evolving energy demands.