| Texas Pacific Land is a landowner in the State of Texas. Co. operates its business in two segments: Land and Resource Management and Water Services and Operations. Co.'s Land and Resource Management segment encompasses the business of managing its land and its oil and gas royalty interests in West Texas. Co.'s Water Services and Operations segment encompasses the business of providing water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by Co. These water offerings include, but are not limited to, water sourcing, disposal solutions, water tracking, analytics and well testing services. We show 47 historical shares outstanding datapoints in our coverage of TPL's shares outstanding history.|
Understanding the changing numbers of TPL shares outstanding — and
comprehending the concept of differing number of shares outstanding in general comparing companies like TPL versus peers —
is critical for investors. Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies.
Furthermore, via issuance of new shares over time, or the repurchase of existing shares, the number of shares outstanding can fluctuate over the course of history.
With this page we aim to empower investors researching TPL by allowing them to research TPL shares outstanding history
as well as any other stock in our coverage universe.