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Texas Pacific Land Trust engages in the sale, lease, and management of land in the United States. It also retains oil and gas royalties, and engages in temporary cash investments. The company leases land to the ranching industry for grazing purposes. As of December 31, 2008, it owned the surface estate in 963,248 acres of land located in 20 counties in the western part of Texas. The company also owned a 1/128 nonparticipating perpetual oil and gas royalty interest under 85,414 acres of land and a 1/16 nonparticipating perpetual oil and gas royalty interest under 386,988 acres of land in the western part of Texas. Texas Pacific Land Trust was founded in 1888 and is based in Dallas, Texas.

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Key Statistics

Closing Price	46.12
Volume	9782
Volume Avg	14444
52 Week High	49.54
52 Week Low	33.62
PE	21.03
PE (group average)	40
EPS Year	2.21
EPS change Q/Q	100%
EPS change Q/Q Yr ago	100%
EPS change Q/Q next Q est	0%
EPS change Y/Y	-6.52%
REV change Q/Q	3.64%
REV change Q/Q Yr ago	35.71%
EPS next Q est	0.00
EPS next Y est	0.00
Divident Annual	0.23
Dividend Yield	0.5%