John R. Norris III serves as Independent Co-Chairman of the Board of Trustees of the Company. Prior to his election as a Trustee, he advised and represented the Trust in legal matters for more than 17 years. Mr. Norris is currently a partner in the Dallas law firm of Norris & Weber, PLLC. He has been board certified in Estate Planning and Probate Law by the Texas Board of Legal Specialization since 1998.
John Norris is 66, he's been the Independent Co-Chairman of the Board of Trustees of Texas Pacific Land since 2019. There are 1 older and 7 younger executives at Texas Pacific Land. The oldest executive at Texas Pacific Land Corporation is David Barry, 75, who is the Independent Co-Chairman of the Board of Trustees.
John's mailing address filed with the SEC is C/O TEXAS PACIFIC LAND CORPORATION, 1700 PACIFIC AVENUE, SUITE 2900, DALLAS, TX, 75201.
Over the last 19 years, insiders at Texas Pacific Land have traded over $4,951,154 worth of Texas Pacific Land stock and bought 42,750 units worth $41,192,877 . The most active insiders traders include Murray Stahl, Karl F Kurz und Robert M. Roosa. On average, Texas Pacific Land executives and independent directors trade stock every 5 days with the average trade being worth of $31,570. The most recent stock trade was executed by Murrayhorizon Kinetics Asse... on 10 September 2024, trading 12 units of TPL stock currently worth $9,538.
texas pacific land trust was created in 1888 as a result of a reorganization of the texas and pacific railway company following receivership. holders of texas and pacific railway company bonds received 3.5 million acres of land in texas which had been earned by the railroad and pledged as security against bonds. the bondholders created the trust and converted bonds to shares of proprietary interest in the trust. the trust was created to manage and sell the land. today the trust is one of the largest landowners in texas with around 888,333 acres located in eighteen different counties. texas pacific land trust derives revenue from all avenues of managing the land, i.e. oil and gas royalties, grazing leases, easements, sundry and specialty leases, and land sales. the trust has a perpetual oil and gas royalty interest in some 459,200 acres.
Texas Pacific Land executives and other stock owners filed with the SEC include: