Texas Pacific Land Corporation (TPL), headquartered in Dallas, Texas, owns and manages tracts of land and resources, and water services and operations businesses in Texas. Valued at $19.3 billion by market cap, the company’s income is derived from land sales, oil and gas royalties, grazing leases, and interest. Companies worth $10 billion or more are generally described as “large-cap stocks,” and TPL perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influenc ...