NYSE:TPLOil and Gas
Is Texas Pacific Land Now Attractive After a 31% Slide Despite Mixed Valuation Signals
If you are wondering whether Texas Pacific Land is a bargain or a value trap at today’s price, you are not alone. This article will unpack what the numbers are really saying.
The stock has slipped about 6.8% over the last week and 19.7% over the past month, extending a tough run that has it down roughly 30.5% year to date and 31.4% over the last year, while still being up about 274.1% over five years.
Recently, the market has been reacting to shifting expectations around land and royalty...