Tyler Glover

Tyler Glover leads Texas Pacific Land Corporation (TPL) as President and CEO, overseeing one of the largest private landholders in the state of Texas. TPL controls approximately 880,000 acres of land in West Texas, strategically located in the heart of the Permian Basin — the most productive oil-producing region in the world. The company's origins date back to 1888 when it was created to manage land granted to the Texas and Pacific Railway. TPL's business model is uniquely capital-light: the company earns revenue from oil and gas royalties (receiving payments when producers extract hydrocarbons from beneath its land), water services (sourcing and disposing water used in hydraulic fracturing — a massive and growing need), surface leases and easements (for pipelines, roads, power lines, and other infrastructure), and land sales. TPL does not drill wells or operate any capital-intensive operations itself. The Permian Basin's production growth has been exceptional, and TPL's land position in the Delaware Basin (the most active sub-basin) provides decades of development runway. Key stock drivers include Permian Basin drilling activity and rig counts, oil prices (driving drilling economics), produced water volumes and disposal pricing, royalty income growth, land and easement transactions, and the long-term production trajectory of the Permian Basin.