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Home > Company Index > Real Estate > REIT - Diversified & Misc. > Texas Pacific Land Trust

Texas Pacific Land Trust
NYSE: TPL
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 PROFILE
Texas Pacific Land Trust was created in the 1888 bankruptcy of the Texas & Pacific Railway to sell the railway's land, and yup, they're still workin' on it. The trust started out with the railroad's 3.5 million acres; today it remains the largest private landowner in Texas, with over 1 million acres (about the size of Long Island). Texas Pacific Land Trust sells, leases, and manages its land; income is primarily from oil and gas royalties, grazing leases, easements, and the gradual sale of its land. It has a perpetual oil and gas royalty interest under more than 400,000 acres in West Texas.

 COMPETITION
American Realty Investors, Inc. (ARL)
HMG/Courtland Properties, Inc. (HMG)
Koch Industries, Inc. (dossier)

 STOCK ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 7.80
1-Yr. Sales Growth: 30.0%
Employees: 9
Revenue per employee: $866,666.67

 KEY PEOPLE
• Roy Thomas
    CEO
• Roy Thomas
    CFO

 CONTACT INFO
80 Broad St., Ste. 2700
New York, NY 10004
US
Phone: 212-269-2266
Fax: -

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