Texas Pacific Land Corporation (TPL)
| Market Cap | 32.46B |
| Revenue (ttm) | 686.70M |
| Net Income (ttm) | 448.71M |
| Shares Out | 22.97M |
| EPS (ttm) | 19.49 |
| PE Ratio | 72.48 |
| Forward PE | n/a |
| Dividend | $6.40 (0.45%) |
| Ex-Dividend Date | Dec 2, 2024 |
| Volume | 118,024 |
| Open | 1,393.00 |
| Previous Close | 1,392.99 |
| Day's Range | 1,390.55 - 1,417.34 |
| 52-Week Range | 467.62 - 1,769.14 |
| Beta | 1.70 |
| Analysts | Buy |
| Price Target | 694.17 (-50.87%) |
| Earnings Date | Feb 19, 2025 |
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 -50.87% from the latest price.
News
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Texas Pacific Land Corporation: Buy And Hold Long-Term Position With High-Growth Potential
The stock of Texas Pacific Land is experiencing aggressive upward momentum, delivering strong gains of +260% over the past two years. Its rally has seen minimal pullbacks, indicating a solid sharehold...
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Insiders are buying Texas Pacific Land stock: is it a good buy?
Texas Pacific Land (TPL) stock price has gone parabolic this year, helped by its strong performance and robust insider transactions. It jumped to a record high of $1,767 this week, bringing the year-t...
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TPL's unique business model, focusing on land ownership and royalties, has driven its 63% stock surge and strong Q3 performance, making it a standout energy stock. The company's diversified revenue st...
Texas Pacific Land Stock Rallies on News of S&P 500 Inclusion
Texas Pacific Land (TPL) shares rose in intraday trading Friday, a day after S&P Dow Jones Indices said the real estate operating company will be replacing Marathon Oil (MRO) in the S&P 500 Index.
Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600
NEW YORK , Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE: TPL) will replace Marathon Oil Corp. (NYSE: MRO) in the S&P 500, S&P SmallCap 600 constituent Muelle...
Texas Pacific Land Will Join S&P 500. It Replaces Marathon Oil.
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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
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