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TPL

Texas Pacific Land Corporation

Sector: energyOil & Gas Exploration & ProductionNYSEMarket Cap: $34.46B

Texas Pacific Land Corporation (TPL) is a landowner and royalty trust in Texas with minimal direct political engagement, but holds a notable position in former President Donald J. Trump's disclosed assets ($1,001-$15,000).

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Govt Dependence
5/100
Regulatory Density
40/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat TPL does

TPL owns extensive surface and royalty interests in land in Texas, primarily generating revenue from oil and gas royalties, water sales, and land use fees. Its business model is heavily tied to energy sector activity on its lands, with no direct federal contracts or lobbying reported. Market cap is approximately $34.5 billion.

12 months past · 3 months futureTPL activity timeline

$556$411$265 OctNovDecJan '26FebMarAprMayJunJulAugSepOctNovDec ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · Sep 14 $539.79 hi $273.56 lo $366.37 CONGRESS 6 INSIDERS 0 13F FUNDS 30 BILLS 44 Two Sigma Investments · - $7249M · 2026-03-31Renaissance Technologies · - $42M · 2025-09-30D.E. Shaw & Co. · - $25M · 2025-09-30Citadel Advisors · + $18M · 2025-09-30Two Sigma Investments · + $18M · 2025-09-30Citadel Advisors · + $16M · 2025-12-31Renaissance Technologies · holds $13M · 2025-12-31Two Sigma Investments · + $9M · 2025-12-31D.E. Shaw & Co. · - $5M · 2025-12-31Coatue Management · holds $1M · 2025-09-30 S.1020 · enacted · 2026-05-11HR.2504 · markup · 2026-03-26 MARKUP · House Foreign Affairs Subcommittee on Europe · 2026-09-15MARKUP · House Science, Space, and Technology · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Energy · 2026-09-15MARKUP · Senate Finance · 2026-09-15MARKUP · House Energy and Commerce Subcommittee on Health · 2026-09-15MARKUP · House Natural Resources · 2026-09-15MARKUP · House Foreign Affairs South and Central Asia Subcommittee · 2026-09-15MARKUP · House Foreign Affairs Subcommittee on Western Hemisphere · 2026-09-15MARKUP · House Agriculture · 2026-09-16MARKUP · Senate Environment and Public Works · 2026-09-16MARKUP · Senate Foreign Relations · 2026-09-16MARKUP · House Natural Resources Subcommittee on Water, Wildlife and · 2026-09-16MARKUP · Senate Energy and Natural Resources · 2026-09-16MARKUP · House Science, Space, and Technology Subcommittee on Investi · 2026-09-16MARKUP · House Subcommittee on the Middle East and North Africa · 2026-09-16MARKUP · House Foreign Affairs East Asia and Pacific Subcommittee · 2026-09-16MARKUP · House Natural Resources Subcommittee on Federal Lands · 2026-09-16MARKUP · Senate Foreign Relations · 2026-09-17MARKUP · House Natural Resources Subcommittee on Indian and Insular A · 2026-09-17
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
243 trading days · 0 congressional trades shown · 0 insider buys · 10 13F filings · 2 past bill actions · 19 upcoming markups

Executive Branch ConflictsTPL held by Trump-administration officials

Lifetime Government AwardsTPL federal contracts

TPL doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Smart Money · 13F HoldingsHedge funds holding TPL

$7.27B
Total TPL held by tracked 13F funds
3
Funds with TPL positions
Two Sigma Investments $7.25B -54% 2026-03-31
Citadel Advisors $16M +176% 2025-12-31
D.E. Shaw & Co. $5M -37% 2025-12-31

Politicians Trading TPLMembers of Congress with recent TPL positions

2 politicians traded TPL across 6 disclosed transactions totaling $48K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TPL). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading TPL

2025-08-13 Lisa C. McClain R-Michigan · house Sale $1,001 - $15,000
2025-08-13 Lisa C. McClain R-Michigan · house sale $1,001 - $15,000
2025-07-22 Lisa C. McClain R-Michigan · house Purchase $1,001 - $15,000
2025-07-22 Lisa C. McClain R-Michigan · house purchase $1,001 - $15,000
2025-04-08 Robert P. Bresnahan R-Pennsylvania · house Purchase $1,001 - $15,000
2025-04-08 Robert P. Bresnahan R-Pennsylvania · house purchase $1,001 - $15,000
6+ trades on file · most recent 2025-09-12

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting TPLLive legislation impacting this stock

Political ProfileWhere TPL sits in Washington

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STRUCTURAL: No lobbying spend, no donations, no federal contracts. EVIDENTIARY: Single executive branch holding by Donald J. Trump ($1,001-$15,000) per get_executive_branch_exposure.by_ticker[0].holdings[0]; one congressional trader (Rep. M001136) with mixed small buys/sales in 2025 per Top congressional traders array. Net: Minimal direct political signals, but energy sector legislative exposure exists.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Federal energy policy changes affecting oil and gas production
    Department of Energy, EPA
    "Recent bill_impacts array shows 8 energy sector bills with small but non-zero impact_ratios (0.0002-0.0004)"

Regulatory opportunities

  • Potential favorable energy production policies
    Department of Interior, BLM
    "Recent bill_impacts array includes multiple energy sector bills, though impact ratios are low"
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Frequently AskedAbout TPL & political exposure

Does Texas Pacific Land Corporation (TPL) hold federal contracts?
No direct prime contracts reported in USASpending.gov for Texas Pacific Land Corporation. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own TPL stock?
1 Trump cabinet members or senior White House staff have disclosed holdings in TPL on their OGE 278 financial disclosures, including Donald J. Trump. See the Cabinet Conflicts panel for details.
Has Congress traded TPL stock?
6 congressional trades by 2 unique members of Congress, most recently on 2025-08-13. See the Congressional Trading panel for politician-by-politician breakdown.
What is TPL political risk profile?
Government dependence: 5/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track TPL political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. TPL data is updated daily from these official federal sources.