Texas Pacific Land Corporation (TPL)

Market Cap	13.57B
Revenue (ttm)	631.60M
Net Income (ttm)	405.65M
Shares Out	23.01M
EPS (ttm)	17.59
PE Ratio	33.79
Forward PE	28.00
Dividend	$14.00 (2.36%)
Ex-Dividend Date	Feb 29, 2024

Volume	12,504
Open	591.30
Previous Close	592.02
Day's Range	587.00 - 599.75
52-Week Range	422.07 - 666.67
Beta	1.63
Analysts	Buy
Price Target	694.17 (+16.81%)
Earnings Date	May 8, 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...

• Industry: Oil & Gas Exploration & Production
• Sector: Energy
• Founded: 1888
• Employees: 99
• Stock Exchange: NYSE
• Ticker Symbol: TPL

Financial Performance

In 2023, TPL'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%.

Analyst Forecast

According to 2 analysts, the average rating for TPL stock is "Buy." The 12-month stock price forecast is $694.17, which is an increase of 16.81% from the latest price.

Price Target

$694.17

(16.81% upside)

Analyst Consensus: Buy