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Texas Pacific Land NYSE:TPL Stock Report

Last Price

US$1.13k

Market Cap

US$25.2b

7D

-5.5%

1Y

110.4%

Updated

20 Dec, 2024

Data

Company Financials

Texas Pacific Land Corporation

NYSE:TPL Stock Report

Market Cap: US$25.2b

TPL Stock Overview

Engages in the land and resource management, and water services and operations businesses. More details

TPL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Texas Pacific Land Corporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Texas Pacific Land
Historical stock prices
Current Share PriceUS$1,133.12
52 Week HighUS$1,769.14
52 Week LowUS$467.62
Beta1.64
1 Month Change-21.89%
3 Month Change21.02%
1 Year Change110.38%
3 Year Change174.24%
5 Year Change327.57%
Change since IPO536,641.34%

Recent News & Updates

Recent updates

Texas Pacific: 70% Down To Fair Value

Dec 09

With EPS Growth And More, Texas Pacific Land (NYSE:TPL) Makes An Interesting Case

Dec 05
With EPS Growth And More, Texas Pacific Land (NYSE:TPL) Makes An Interesting Case

Texas Pacific Land: Robust Performance In Q3 - Still Bullish

Nov 22

Texas Pacific Land's (NYSE:TPL) Solid Profits Have Weak Fundamentals

Nov 14
Texas Pacific Land's (NYSE:TPL) Solid Profits Have Weak Fundamentals

My Best Investment Ever - Why I Remain Bullish On Texas Pacific Land

Nov 07

Why Investors Shouldn't Be Surprised By Texas Pacific Land Corporation's (NYSE:TPL) 34% Share Price Surge

Oct 12
Why Investors Shouldn't Be Surprised By Texas Pacific Land Corporation's (NYSE:TPL) 34% Share Price Surge

Texas Pacific Land: One-Of-A-Kind Energy Stock

Sep 25

Texas Pacific Land: Unique Business Model With Good Prospects, But May Be Overvalued

Sep 13

Here's Why Texas Pacific Land (NYSE:TPL) Has Caught The Eye Of Investors

Aug 09
Here's Why Texas Pacific Land (NYSE:TPL) Has Caught The Eye Of Investors

Texas Pacific Land: So Bullish, 13% Of My Portfolio Is Just The Beginning

Aug 08

Texas Pacific Land: A Former Great Buy, But Not Anymore

Jul 31

Earnings Tell The Story For Texas Pacific Land Corporation (NYSE:TPL) As Its Stock Soars 26%

Jun 19
Earnings Tell The Story For Texas Pacific Land Corporation (NYSE:TPL) As Its Stock Soars 26%

Estimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)

May 23
Estimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)

Texas Pacific Land: I'm So Bullish It Hurts

May 11

Texas Pacific Land: Striking Black Gold In The Permian

Apr 10

Texas Pacific Land's (NYSE:TPL) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 28
Texas Pacific Land's (NYSE:TPL) Shareholders Will Receive A Bigger Dividend Than Last Year

Landlord To The Permian Boom: Why I Just Went Big Into Texas Pacific Land Stock

Feb 23

Calculating The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)

Feb 20
Calculating The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)

Texas Pacific Land Is Downgraded To Sell From Hold

Jan 18

Texas Pacific: Issue Stock To Buy Land, Cause They Are Not Making It Any More

Jan 02

Texas Pacific Land: Owning Dirt In The Permian

Nov 22

Black Gold And Vast Lands: The Texas Pacific Land Corp Story

Sep 22

Texas Pacific Land: Almost Like A Permian Basin ETF

Jul 13

Texas Pacific Land: Sneaking Back Into The Bargain Bin

Jul 03

There And Back Again: A Texas Pacific Bubble Story

May 30

A Boring Look At Texas Pacific Land Litigation Against Horizon Kinetics

May 23

Texas Pacific Land and bpx energy enter water and surface use agreements

Feb 23

Texas Pacific Land raises quarterly dividend by 8.3% to $3.25/share

Feb 13

Texas Pacific Land: Still Expensive And With Principal-Agent Problems

Feb 07

Texas Pacific Land goes ex dividend tomorrow

Dec 06

Shareholder Returns

TPLUS Oil and GasUS Market
7D-5.5%-6.6%-3.5%
1Y110.4%1.7%22.1%

Return vs Industry: TPL exceeded the US Oil and Gas industry which returned 1.7% over the past year.

Return vs Market: TPL exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is TPL's price volatile compared to industry and market?
TPL volatility
TPL Average Weekly Movement8.4%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: TPL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: TPL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1888100Tyler Gloverwww.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

How do Texas Pacific Land's earnings and revenue compare to its market cap?
TPL fundamental statistics
Market capUS$25.19b
Earnings (TTM)US$448.71m
Revenue (TTM)US$686.70m

58.0x

P/E Ratio

37.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPL income statement (TTM)
RevenueUS$686.70m
Cost of RevenueUS$46.21m
Gross ProfitUS$640.48m
Other ExpensesUS$191.77m
EarningsUS$448.71m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)19.53
Gross Margin93.27%
Net Profit Margin65.34%
Debt/Equity Ratio0%

How did TPL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

24%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 22:39
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Texas Pacific Land Corporation is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Hamed KhorsandBWS Financial Inc.
William JanelaCredit Suisse
Parth TalsaniaEquisights