9WY Stock Overview
Engages in the land and resource management, and water services and operations businesses.
| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Texas Pacific Land Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$557.00 |
| 52 Week High | US$631.33 |
| 52 Week Low | US$388.67 |
| Beta | 1.62 |
| 1 Month Change | -1.50% |
| 3 Month Change | 25.64% |
| 1 Year Change | 37.64% |
| 3 Year Change | 31.57% |
| 5 Year Change | 120.56% |
| Change since IPO | 1,067.04% |
Recent News & Updates
Recent updates
Shareholder Returns
| 9WY | DE Oil and Gas | DE Market | |
|---|---|---|---|
| 7D | 5.9% | 5.0% | 1.1% |
| 1Y | 37.6% | -24.0% | 6.5% |
Return vs Industry: 9WY exceeded the German Oil and Gas industry which returned -24% over the past year.
Return vs Market: 9WY exceeded the German Market which returned 6.5% over the past year.
Price Volatility
| 9WY volatility | |
|---|---|
| 9WY Average Weekly Movement | 6.2% |
| Oil and Gas Industry Average Movement | 4.8% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 10.4% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: 9WY has not had significant price volatility in the past 3 months.
Volatility Over Time: 9WY's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1888 | 100 | Tyler Glover | www.texaspacific.com |
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas.
Texas Pacific Land Corporation Fundamentals Summary
| 9WY fundamental statistics | |
|---|---|
| Market cap | €12.91b |
| Earnings (TTM) | €400.46m |
| Revenue (TTM) | €609.13m |
32.2x
P/E Ratio21.2x
P/S RatioIs 9WY overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 9WY income statement (TTM) | |
|---|---|
| Revenue | US$659.38m |
| Cost of Revenue | US$38.37m |
| Gross Profit | US$621.01m |
| Other Expenses | US$187.51m |
| Earnings | US$433.49m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 18.86 |
| Gross Margin | 94.18% |
| Net Profit Margin | 65.74% |
| Debt/Equity Ratio | 0% |
How did 9WY perform over the long term?
See historical performance and comparisonDividends
0.8%
Current Dividend Yield23%
Payout RatioDoes 9WY pay a reliable dividends?
See 9WY dividend history and benchmarks| Texas Pacific Land dividend dates | |
|---|---|
| Ex Dividend Date | Jun 03 2024 |
| Dividend Pay Date | Jun 17 2024 |
| Days until Ex dividend | 18 days |
| Days until Dividend pay date | 32 days |
Does 9WY pay a reliable dividends?
See 9WY dividend history and benchmarks