XNYS
TRC
Market cap442mUSD
Oct 08, Last price
16.40USD
1D
1.49%
1Q
-10.43%
Jan 2017
-35.51%
Name
Tejon Ranch Co
Chart & performance
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Profile
Tejon Ranch Co., through its various subsidiaries, operates as a multifaceted enterprise primarily focused on real estate development and agricultural operations. Its business is structured across five distinct divisions: Commercial/Industrial Real Estate Development, Resort/Residential Real Estate Development, Mineral Resources, Farming, and Ranch Operations. The Commercial/Industrial Real Estate Development division handles the entire process from land planning and obtaining permits to constructing vital infrastructure and developing properties for lease or sale, which includes creating ready-to-occupy buildings or selling plots to other developers. Additionally, it manages communication leases and landscaping services. This segment generates revenue by leasing land to various commercial tenants, such as two auto service stations with convenience stores, thirteen fast-food establishments, a motel, an antique shop, and a post office. It also provides sites for microwave repeaters, radio and cellular transmitters, fiber optic cable pathways, and a 32-acre parcel designated for an electricity generating plant. The Resort/Residential Real Estate Development segment is responsible for land acquisition rights, detailed planning, pre-construction engineering, and upholding environmental stewardship and conservation efforts. Its Mineral Resources segment derives income from royalties on oil and gas, as well as rock and aggregate extraction. It also earns royalties from a cement production facility, currently leased to National Cement Company of California, Inc. Additionally, this segment oversees the company's water resources and related infrastructure initiatives. The Farming division cultivates permanent crops, including 1,036 acres of wine grapes, 2,262 acres of almonds, and 1,053 acres of pistachios. It also oversees the cultivation of alfalfa and forage blends across 626 acres in the Antelope Valley. Furthermore, it leases out 720 acres of land for the production of vegetables and additional almond crops. Within Ranch Operations, the company offers game management, supplementary land services such as grazing rights and filming locations, and organizes a variety of guided hunting excursions. Established in 1843, Tejon Ranch Co. maintains its headquarters in Lebec, California.
Key people
Matthew Walker
President, Chief Executive Officer · since 2025
Brett Brown
Chief Financial Officer, Executive Vice President · since 2023
Hugh McMahon
Executive Vice President - Real Estate · since 2015
Robert Velasquez
Interim Chief Financial Officer, Senior Vice President - Finance, Chief Accounting Officer, Treasurer · since 2025
Nicholas Ortiz
Senior Vice President - Corporate Communications and Public Affairs · since 2024
Michael Houston
Senior Vice President, General Counsel & Secretary · since 2023
Gregory Bielli
Director · since 2025
Denise Gammon
Director · since 2024
Steven Betts
Independent Director · since 2014
Independent Director · since 2012
Independent Director · since 2024
Independent Chairman of the Board · since 2014
Independent Director · since 2024
Independent Director · since 2012
Independent Director · since 2001
Kenneth Yee
Independent Director · since 2024
Legal address
C/O RL&F Service Corp.
2nd Floor
920 North King Street
Wilmington, DE 19801
US
2nd Floor
920 North King Street
Wilmington, DE 19801
US
Headquarters
PO Box 1000
4436 Lebec Road
Lebec, CA 93243
US
4436 Lebec Road
Lebec, CA 93243
US
Valuation
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