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. The TPL YTD return is shown above.
The YTD Return on the TPL YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether TPL YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TPL YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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