Texas Pacific Land Corporation (TPL)
Market Cap | 33.33B |
Revenue (ttm) | 686.70M |
Net Income (ttm) | 448.71M |
Shares Out | 22.97M |
EPS (ttm) | 19.49 |
PE Ratio | 74.43 |
Forward PE | n/a |
Dividend | $6.92 (0.48%) |
Ex-Dividend Date | Sep 3, 2024 |
Volume | 73,601 |
Open | 1,414.49 |
Previous Close | 1,420.13 |
Day's Range | 1,414.49 - 1,456.83 |
52-Week Range | 467.62 - 1,456.83 |
Beta | 1.59 |
Analysts | Buy |
Price Target | 694.17 (-52.15%) |
Earnings Date | Nov 6, 2024 |
About TPL
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... [Read more]
Financial Performance
In 2023, Texas Pacific Land's revenue was $631.60 million, a decrease of -5.37% compared to the previous year's $667.42 million. Earnings were $405.65 million, a decrease of -9.12%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for TPL stock is "Buy." The 12-month stock price forecast is $694.17, which is a decrease of -52.15% from the latest price.
News
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Texas Pacific Land Corporation (TPL) Q3 2024 Earnings Call Transcript
Texas Pacific Land Corporation (NYSE:TPL) Q3 2024 Results Conference Call November 7, 2024 8:30 AM ET Company Participants Shawn Amini - Vice President, Finance and Investor Relations Tyler Glover - ...
My Best Investment Ever - Why I Remain Bullish On Texas Pacific Land
Texas Pacific Land Corporation has become my largest investment due to its unique business model and significant long-term potential in the Permian Basin. TPL profits from oil, gas, and water rights w...
Texas Pacific Land Corporation Announces Third Quarter Results
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the third quarter of 2024. Third Quarter 2024 Highl...
Trade Tracker: Kevin Simpson buys Texas Pacific Land
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Texas Pacific Land Corporation Sets Dates for Third Quarter 2024 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) announced today that the Company will release third quarter 2024 financial results after the market closes on Wednes...
Texas Pacific Land Corporation Acquires Permian Oil and Gas Mineral and Royalty Interests in Cash Transaction
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced the closing of an acquisition of Permian oil and gas mineral and royalty interests for $286...
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Texas Pacific Land Corporation benefits from a diverse revenue stream, including royalties, water services, and land sales, making it a stable investment. Despite missing Q2 2024 EPS projections, TPL'...
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Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced the closing of two acquisitions for oil and gas mineral interests and surface acreage locat...
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Texas Pacific Land: So Bullish, 13% Of My Portfolio Is Just The Beginning
Texas Pacific Land Corporation is a misunderstood company with a near-perfect business model. TPL owns land in the Texas Permian, generating high margins from oil and gas royalties and water services....
Texas Pacific Land Corporation (TPL) Q2 2024 Earnings Call Transcript
Texas Pacific Land Corporation (NYSE:TPL) Q2 2024 Earnings Conference Call August 8, 2024 11:00 AM ET Company Participants Shawn Amini - Vice President, Finance and Investor Relations Tyler Glover - ...
Texas Pacific Land Corporation Announces Second Quarter Results and Another Record Performance From Water Segment
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the second quarter of 2024. Second Quarter 2024 Hig...
Texas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) announced today that the Company will release second quarter 2024 financial results after the market closes on Wedne...
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Texas Pacific Land: An Atypical Real Estate Growth Stock
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Texas Pacific Land Corporation Announces Special Dividend of $10 Per Share and Cash Balance Target
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that the Company's Board of Directors approved a $10.00 per share special dividend. The spe...
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