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Stock impact report

Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions

Texas Pacific Land Corporation (TPL) 
Last texas pacific land corporation earnings: 4/30 04:30 pm Check Earnings Report
US:NYSE Investor Relations: tpltrust.com
Company Research Source: Business Wire
Acquisitions Add High-Quality Assets that are Expected to Generate Attractive Returns DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced the closing of two acquisitions for oil and gas mineral interests and surface acreage located in the Permian Basin for an aggregate $169 million in cash.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240827099522/en/Delaware Basin mineral interests (Graphic: Business Wire)TPL acquired mineral interests across approximately 4,106 net royalty acres located in Culberson County, Texas. The acquired mineral interests overlap existing TPL royalty acreage in current and anticipated Drilling and Spacing Units (“DSU”), enhancing TPL’s net revenue interests in existing and future oil and gas wells. The acreage is leased to and operated by Coterra Energy (NYSE: CTRA). In addition, the acquired mineral interests overlap with TPL surface acre Show less Read more
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