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TPL

Texas Pacific Land NYSE:TPL Stock Report

Last Price

US$1.67k

Market Cap

US$12.7b

7D

1.8%

1Y

-34.6%

Updated

30 Nov, 2023

Data

Company Financials +

Texas Pacific Land Corporation

NYSE:TPL Stock Report

Mkt Cap: US$12.7b

TPL Stock Overview

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.

TPL fundamental analysis
Snowflake Score
Valuation1/6
Future Growth3/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Risk Analysis

TPL passed our risk checks.

Texas Pacific Land Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Texas Pacific Land
Historical stock prices
Current Share PriceUS$1,671.95
52 Week HighUS$2,659.43
52 Week LowUS$1,266.21
Beta1.77
1 Month Change-9.43%
3 Month Change-12.39%
1 Year Change-34.65%
3 Year Change161.03%
5 Year Change188.27%
Change since IPO23,956.83%

Recent News & Updates

Texas Pacific Land: Owning Dirt In The Permian

Nov 22

We Discuss Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO Is Due For A Pay Rise

Nov 04
We Discuss Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO Is Due For A Pay Rise

Recent updates

Texas Pacific Land: Owning Dirt In The Permian

Nov 22

We Discuss Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO Is Due For A Pay Rise

Nov 04
We Discuss Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO Is Due For A Pay Rise

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

Sep 22

Here's Why We Think Texas Pacific Land (NYSE:TPL) Might Deserve Your Attention Today

Sep 09
Here's Why We Think Texas Pacific Land (NYSE:TPL) Might Deserve Your Attention Today

A Look At The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)

Aug 01
A Look At The Fair Value Of Texas Pacific Land Corporation (NYSE:TPL)

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

Is Now The Time To Put Texas Pacific Land (NYSE:TPL) On Your Watchlist?

May 28
Is Now The Time To Put Texas Pacific Land (NYSE:TPL) On Your Watchlist?

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

We Ran A Stock Scan For Earnings Growth And Texas Pacific Land (NYSE:TPL) Passed With Ease

Feb 17
We Ran A Stock Scan For Earnings Growth And Texas Pacific Land (NYSE:TPL) Passed With Ease

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

Is Texas Pacific Land Corporation (NYSE:TPL) Worth US$2.0k Based On Its Intrinsic Value?

Jan 30
Is Texas Pacific Land Corporation (NYSE:TPL) Worth US$2.0k Based On Its Intrinsic Value?

Texas Pacific Land goes ex dividend tomorrow

Dec 06

We Take A Look At Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO May Be Underpaid

Nov 10
We Take A Look At Whether Texas Pacific Land Corporation's (NYSE:TPL) CEO May Be Underpaid

If EPS Growth Is Important To You, Texas Pacific Land (NYSE:TPL) Presents An Opportunity

Nov 04
If EPS Growth Is Important To You, Texas Pacific Land (NYSE:TPL) Presents An Opportunity

Texas Pacific Land GAAP EPS of $16.82 beats by $2.44, revenue of $191.11M beats by $15.44M

Nov 02

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

Oct 20
Estimating The Intrinsic Value Of Texas Pacific Land Corporation (NYSE:TPL)

Texas Pacific Land Corporation's Royalties Have Strong Upside Potential

Sep 17

Texas Pacific Land goes ex-dividend tomorrow

Sep 06

Does Texas Pacific Land (NYSE:TPL) Deserve A Spot On Your Watchlist?

Aug 05
Does Texas Pacific Land (NYSE:TPL) Deserve A Spot On Your Watchlist?

Texas Pacific Land GAAP EPS of $15.37 misses by $0.08, revenue of $176.27M beats by $1.48M

Aug 03

Is Texas Pacific Land Corporation (NYSE:TPL) Trading At A 20% Discount?

Jul 20
Is Texas Pacific Land Corporation (NYSE:TPL) Trading At A 20% Discount?

Why I Sold My Remaining Texas Pacific Land Shares

Jun 15

Horizon Kinetics - Texas Pacific Land Corp: A Strategic Alliance With Cryptocurrency Mining Companies

Jun 07

Earnings Miss: Texas Pacific Land Corporation Missed EPS By 8.3% And Analysts Are Revising Their Forecasts

May 07
Earnings Miss: Texas Pacific Land Corporation Missed EPS By 8.3% And Analysts Are Revising Their Forecasts

LRT Capital - Texas Pacific Land Trust: Competitively Advantaged In The Commodity Space

May 06

Texas Pacific Land Corporation's (NYSE:TPL) Intrinsic Value Is Potentially 40% Above Its Share Price

Apr 17
Texas Pacific Land Corporation's (NYSE:TPL) Intrinsic Value Is Potentially 40% Above Its Share Price

Symmetry Invest A/S - Texas Pacific Land Corp: A Multi-Year Growth Story

Apr 13

Texas Pacific: Full Value

Mar 17

Texas Pacific Land (NYSE:TPL) Is Paying Out A Larger Dividend Than Last Year

Feb 27
Texas Pacific Land (NYSE:TPL) Is Paying Out A Larger Dividend Than Last Year

Texas Pacific Is An Option On Oil And Gas, With Little Of Its Downside

Feb 23

Shareholder Returns

TPLUS Oil and GasUS Market
7D1.8%0.01%0.5%
1Y-34.6%-5.8%11.0%

Return vs Industry: TPL underperformed the US Oil and Gas industry which returned -7% over the past year.

Return vs Market: TPL underperformed the US Market which returned 10.4% over the past year.

Price Volatility

Is TPL's price volatile compared to industry and market?
TPL volatility
TPL Average Weekly Movement4.7%
Oil and Gas Industry Average Movement5.3%
Market Average Movement6.0%
10% most volatile stocks in US Market15.4%
10% least volatile stocks in US Market2.9%

Stable Share Price: TPL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TPL's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
188899Tyler Gloverhttps://www.texaspacific.com

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company’s Land and Resource Management segment manages surface acres of land. This segment also holds own 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 located in the western part of 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$12.68b
Earnings (TTM)US$392.27m
Revenue (TTM)US$617.64m

32.7x

P/E Ratio

20.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TPL income statement (TTM)
RevenueUS$617.64m
Cost of RevenueUS$28.97m
Gross ProfitUS$588.68m
Other ExpensesUS$196.41m
EarningsUS$392.27m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)51.11
Gross Margin95.31%
Net Profit Margin63.51%
Debt/Equity Ratio0%

How did TPL perform over the long term?

See historical performance and comparison

Dividends

0.8%

Current Dividend Yield

25%

Payout Ratio

Does TPL pay a reliable dividends?

See TPL dividend history and benchmarks
When do you need to buy TPL by to receive an upcoming dividend?
Texas Pacific Land dividend dates
Ex Dividend DateNov 30 2023
Dividend Pay DateDec 15 2023
Days until Ex dividend2 days
Days until Dividend pay date13 days

Does TPL pay a reliable dividends?

See TPL dividend history and benchmarks