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Texas Pacific Land NYSE:TPL Stock Report

Last Price

US$798.51

Market Cap

US$18.4b

7D

-8.1%

1Y

29.5%

Updated

07 Sep, 2024

Data

Company Financials +

Texas Pacific Land Corporation

NYSE:TPL Stock Report

Market Cap: US$18.4b

TPL Stock Overview

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

TPL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
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$798.51
52 Week HighUS$881.12
52 Week LowUS$467.62
Beta1.62
11 Month Change-3.54%
3 Month Change37.18%
1 Year Change29.52%
33 Year Change96.19%
5 Year Change263.70%
Change since IPO378,141.78%

Recent News & Updates

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

Recent updates

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 Corporation's (NYSE:TPL) Business Is Yet to Catch Up With Its Share Price

Dec 18
Texas Pacific Land Corporation's (NYSE:TPL) Business Is Yet to Catch Up With Its Share Price

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

Shareholder Returns

TPLUS Oil and GasUS Market
7D-8.1%-5.3%-4.4%
1Y29.5%-3.6%19.1%

Return vs Industry: TPL exceeded the US Oil and Gas industry which returned -2.6% over the past year.

Return vs Market: TPL exceeded the US Market which returned 21.3% 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 Market14.9%
10% least volatile stocks in US Market3.1%

Stable Share Price: TPL's share price has been volatile over the past 3 months.

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$18.35b
Earnings (TTM)US$447.69m
Revenue (TTM)US$671.10m

41.0x

P/E Ratio

27.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TPL income statement (TTM)
RevenueUS$671.10m
Cost of RevenueUS$42.90m
Gross ProfitUS$628.20m
Other ExpensesUS$180.51m
EarningsUS$447.69m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)19.48
Gross Margin93.61%
Net Profit Margin66.71%
Debt/Equity Ratio0%

How did TPL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

23%

Payout Ratio