Texas Pacific Land Corporation (TPL)

NYSE: TPL · Real-Time Price · USD
1,260.12
+12.59 (1.01%)
Apr 15, 2025, 2:49 PM EDT - Market open
1.01%
Market Cap 28.96B
Revenue (ttm) 705.82M
Net Income (ttm) 453.96M
Shares Out 22.98M
EPS (ttm) 19.72
PE Ratio 63.26
Forward PE n/a
Dividend $15.54 (1.22%)
Ex-Dividend Date Mar 3, 2025
Volume 39,348
Open 1,247.53
Previous Close 1,247.53
Day's Range 1,255.38 - 1,291.76
52-Week Range 555.71 - 1,769.14
Beta 1.45
Analysts Strong Buy
Price Target 917.00 (-27.23%)
Earnings Date May 7, 2025

About TPL

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as... [Read more]

Sector Energy
Founded 1888
Employees 99
Stock Exchange NYSE
Ticker Symbol TPL
Full Company Profile

Financial Performance

In 2024, Texas Pacific Land's revenue was $705.82 million, an increase of 11.75% compared to the previous year's $631.60 million. Earnings were $453.96 million, an increase of 11.91%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for TPL stock is "Strong Buy" and the 12-month stock price forecast is $917.0.

Price Target
$917.0
(-27.23% downside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Here are this week's 20 best performers as the S&P 500 rallied

Believe it or not, we just completed a good week for the U.S. stock market. The S&P 500 rose 5.7% through Friday's close from a week earlier, with three-quarters of component stocks showing gains.

3 days ago - Market Watch

My Worst Week Ever - And The 4 Dividend Stocks I'm Buying Now

Last week, I experienced my worst portfolio performance yet, dropping from a +7% return to -7%. Despite this, I'm still outperforming the market by 700 basis points. Though macroeconomic risks have in...

Other symbols: AMCSLFIXGELB
8 days ago - Seeking Alpha

Chaos Breeds Bargains! Here's What I'm Buying

My portfolio took a major hit on April 3 and 4, with losses surpassing previous records. Yet, despite the pain, I remain optimistic. Market corrections are essential for long-term wealth building. Tho...

Other symbols: CNICPCSXLBNSCODFLOKE
9 days ago - Seeking Alpha

Texas Pacific Land's Road To $1 Billion Free Cash Flow

Texas Pacific Land Corporation has surged over 125% in the past year, yet the recent share price lag could present an attractive entry point. TPL's water business, critical for fracking in the Permian...

14 days ago - Seeking Alpha

Decoding Texas Pacific Land: Underfollowed S&P 500 Name With Hidden Optionality

Texas Pacific Land combines its established, high-margin oil and gas royalty business with significant investment in a rapidly growing water segment. Major optionality lies in TPL's initiative to comm...

14 days ago - Seeking Alpha

Buy, Baby, Buy: My 12 Favorite Energy Stocks For What's Next

Energy stocks are proving their strength, outperforming the market despite oil price stagnation. Structural shifts, deglobalization, and inflation favor long-term upside. Shale growth is slowing, and ...

Other symbols: CNQCVXDVNEOGEXEFANGKRP
17 days ago - Seeking Alpha

Stocks beating the stock market's recent Trump slump have this in common

This year's top performer among the S&P 500 has been CVS Health's stock, which had a bad 2024 and is cheap by a key valuation measure.

5 weeks ago - Market Watch

Down, But Not Out: My Favorite Energy Stocks For Income And Growth

President Trump aims to lower oil prices, but domestic production growth faces challenges. The administration may turn to OPEC+ and political pressure to boost supply. Despite short-term volatility, m...

Other symbols: CNQCOPCVECVXEOGFANGKRP
5 weeks ago - Seeking Alpha

2 Of My All-Time Inflation-Proof Dividend Stocks

Inflation remains a major concern, but I'm not worried - I'm prepared. I've identified two stocks that thrive in this environment and strengthen my portfolio. These companies offer reliable income, pr...

Other symbols: CNQ
6 weeks ago - Seeking Alpha

Trade Tracker: Rob Sechan sells McDonald's and Vertex, buys Texas Pacific Land, Amgen and NRG

Rob Sechan, CEO of NewEdge Wealth, joins CNBC's "Halftime Report" to detail his many portfolio moves.

Other symbols: AMGNMCDNRGVRTX
6 weeks ago - CNBC Television

Texas Pacific Land: 17% Of My Portfolio, And I'm Not Done Buying

Texas Pacific Land is my largest holding due to its unique business model and impressive performance, returning 185% since February 2024. TPL earns royalties from oil, gas, and water without capital e...

7 weeks ago - Seeking Alpha

Texas Pacific Land Corporation (TPL) Q4 2024 Earnings Call Transcript

Texas Pacific Land Corporation (NYSE:TPL) Q4 2024 Earnings Conference Call February 20, 2025 8:30 AM ET Company Participants Shawn Amini - IR Tyler Glover - President, CEO & Trustee Chris Steddum - C...

7 weeks ago - Seeking Alpha

Texas Pacific Land: Good Results That Don't Justify The Premium

Texas Pacific Land has increased revenues and net income by almost 12% in 2024, mainly driven by the 33% revenue growth in the water segment. The shift in the capital allocation has cost $105M in shar...

7 weeks ago - Seeking Alpha

The Dividend Strategy That Could Make Me A Millionaire - And How You Can Copy It

Self-made millionaires build wealth through disciplined, consistent investing. I focus on dividend growth stocks, avoid single-stock risks, and live below my means to reinvest. I invest in wide-moat c...

Other symbols: AAPLAMDARKKCMEDEEXRLB
7 weeks ago - Seeking Alpha

These 12 stocks could be big winners if they make this one key move

Stock splits make companies more attractive investments and boost share prices. Here's how to find likely candidates.

7 weeks ago - Market Watch

Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2024 Results

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2024 Results.

7 weeks ago - Business Wire

The Silent Wealth Killer: My Go-To Dividend Stocks To Beat Inflation

Inflation erodes purchasing power, making it crucial to invest in equities, which historically outperform cash over the long term despite volatility. My thesis is that inflation will stay "higher for ...

Other symbols: AMCNQCTODVNELSENBEOG
2 months ago - Seeking Alpha

All-In: The 23-Stock Six-Figure Dividend Portfolio I'm Betting My Future On

Thank you to the Seeking Alpha community for your support! Reaching 40,000 followers is a dream come true. Your feedback fuels my work. I've invested 91% of my net worth in 23 high-conviction dividend...

Other symbols: ABBVAMCATCMECNQCPCSL
2 months ago - Seeking Alpha

Where I'd Put $10,000 Right Now - My Best Dividend Picks For Income And Growth

I started investing with a modest $4,000, now growing it into a 23-stock portfolio. The median net worth varies by age, but most can invest $10,000 for growth. The goal here isn't to push random picks...

Other symbols: CATCSLCSXDEDHREPDEQIX
2 months ago - Seeking Alpha

The Next Big Opportunity: My Favorite Dividend Stocks For The Shift Ahead

I believe we're at a turning point for cyclical stocks, with improving indicators and global growth signaling potential outperformance in industrials, energy, and transportation. I'm positioning my po...

Other symbols: APHBCCCATCNQCPCSLCVX
2 months ago - Seeking Alpha

Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call

DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2024 Earnings Release and Conference Call.

2 months ago - Business Wire

These SPY ETF stocks are driving S&P 500 gains in 2025

The SPDR S&P 500 ETF has bounced back this week and surged to a new record high. SPY and other S&P 500 funds like VOO and IVV have risen in the last three straight days.

Other symbols: CEGGEVMUVSTWBA
2 months ago - Invezz

Wedgewood Partners: Q4 And 2024 Top Performers And Detractors

Texas Pacific Land and Taiwan Semiconductor Manufacturing were top contributors for both the quarter and the year, showcasing strong earnings growth and strategic market positioning. Despite Texas Pac...

3 months ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

3 Energy Stocks to Buy After Biden's Offshore Oil Ban

President Joe Biden's remaining days in office are dwindling, but one last-minute decision of his could have a major impact on the energy market that will linger long past January 20, 2025.

Other symbols: KMITRGP
3 months ago - Benzinga