Key Insights

• Texas Pacific Land to hold its Annual General Meeting on 10th of November
• Salary of US$850.0k is part of CEO Tyler Glover's total remuneration
• The total compensation is 55% less than the average for the industry
• Texas Pacific Land's EPS grew by 26% over the past three years while total shareholder return over the past three years was 281%

Shareholders will be pleased by the impressive results for Texas Pacific Land Corporation (NYSE:TPL) recently and CEO Tyler Glover has played a key role. At the upcoming AGM on 10th of November, they will get a chance to hear the board review the company results, discuss future strategy and cast their vote on any resolutions such as executive remuneration. We think the CEO has done a pretty decent job and probably deserves a well-earned pay rise.

View our latest analysis for Texas Pacific Land

How Does Total Compensation For Tyler Glover Compare With Other Companies In The Industry?

Our data indicates that Texas Pacific Land Corporation has a market capitalization of US$14b, and total annual CEO compensation was reported as US$6.3m for the year to December 2022. That's a notable increase of 26% on last year. While this analysis focuses on total compensation, it's worth acknowledging that the salary portion is lower, valued at US$850k.

For comparison, other companies in the American Oil and Gas industry with market capitalizations above US$8.0b, reported a median total CEO compensation of US$14m. Accordingly, Texas Pacific Land pays its CEO under the industry median. What's more, Tyler Glover holds US$2.6m worth of shares in the company in their own name, indicating that they have a lot of skin in the game.

Speaking on an industry level, nearly 15% of total compensation represents salary, while the remainder of 85% is other remuneration. Our data reveals that Texas Pacific Land allocates salary more or less in line with the wider market. It's important to note that a slant towards non-salary compensation suggests that total pay is tied to the company's performance.

Texas Pacific Land Corporation's Growth

Texas Pacific Land Corporation has seen its earnings per share (EPS) increase by 26% a year over the past three years. It saw its revenue drop 6.7% over the last year.

Shareholders would be glad to know that the company has improved itself over the last few years. While it would be good to see revenue growth, profits matter more in the end. Moving away from current form for a second, it could be important to check this free visual depiction of what analysts expect for the future.

Has Texas Pacific Land Corporation Been A Good Investment?

Most shareholders would probably be pleased with Texas Pacific Land Corporation for providing a total return of 281% over three years. As a result, some may believe the CEO should be paid more than is normal for companies of similar size.

To Conclude...

The company's solid performance might have made most shareholders happy, possibly making CEO remuneration the least of the matters to be discussed in the AGM. In fact, strategic decisions that could impact the future of the business might be a far more interesting topic for investors as it would help them set their longer-term expectations.

If you think CEO compensation levels are interesting you will probably really like this free visualization of insider trading at Texas Pacific Land.

Switching gears from Texas Pacific Land, if you're hunting for a pristine balance sheet and premium returns, this free list of high return, low debt companies is a great place to look.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.