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Benzinga lists oil companies tied to royalties, production, and refining
The roundup highlights Texas Pacific Land Trust’s 2019 revenue of $490 million and TotalEnergies’ 2020 output of 1.5 million barrels of liquids per day.
Benzinga’s latest stock roundup highlights several oil and gas names, including Texas Pacific Land Trust, which is described as one of the largest landowners in Texas with revenue tied to oil and gas royalties, easements, commercial leases, and land and material sales.
The article also points to Texas Pacific Land Trust’s water services, and notes the company generated $490 million in revenue in 2019, while stating it trades more than 32,500 shares per day.
For larger integrated and upstream operators, Benzinga describes TotalEnergies as an integrated oil and gas company that explores, produces, and refines oil, and says it produced 1.5 million barrels of liquids and 7.2 billion cubic feet of natural gas per day in 2020.
The roundup further profiles EOG Resources as a U.S. shale producer, noting net proved reserves of 3.2 billion barrels of oil equivalent at year-end 2020 and average 2020 production of 754 thousand barrels of oil equivalent per day.
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