NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis $820.25 +12.69 (+1.57%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$807.56▼$821.2050-Day Range$582.07▼$824.0752-Week Range$467.62▼$834.52Volume56,610 shsAverage Volume107,615 shsMarket Capitalization$18.86 billionP/E Ratio43.61Dividend Yield0.57%Price Target$694.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends Get Texas Pacific Land alerts: Email Address Texas Pacific Land MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside15.4% Downside$694.17 Price TargetShort InterestBearish6.05% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.26Based on 11 Articles This WeekInsider TradingAcquiring Shares$55,667 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.0.99 out of 5 starsOils/Energy Sector225th out of 248 stocksOil Royalty Traders Industry4th out of 5 stocks 1.3 Analyst's Opinion Consensus RatingTexas Pacific Land has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageTexas Pacific Land has only been the subject of 1 research reports in the past 90 days.Read more about Texas Pacific Land's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted6.05% of the outstanding shares of Texas Pacific Land have been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 9.3.Change versus previous monthShort interest in Texas Pacific Land has recently increased by 0.72%, indicating that investor sentiment is decreasing. Previous Next 0.8 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.59%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 24.88%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Texas Pacific Land's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TPL. Previous Next 3.5 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Texas Pacific Land this week, compared to 3 articles on an average week.Search InterestOnly 6 people have searched for TPL on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat Follows8 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is an increase of 60% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Texas Pacific Land insiders have bought more of their company's stock than they have sold. Specifically, they have bought $55,667.00 in company stock and sold $0.00 in company stock.Percentage Held by Insiders20.04% of the stock of Texas Pacific Land is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions59.94% of the stock of Texas Pacific Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Texas Pacific Land's insider trading history. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 43.61, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 43.61, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.53.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 18.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Texas Pacific Land's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad WealthPressThis TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. Year to date, it's down 30%... And things don’t seem to be getting better. That said, one professional trader has found a way to turn Tesla’s demise into a flurry of opportunity… In fact, he has not lost a single trade on Tesla this year. As of this mailing he’s 9 for 9 with incredible wins under his belt. Just see for yourself.But I can promise that you’ll see all the details for yourself here. About Texas Pacific Land Stock (NYSE: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 Texas. 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 caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.Read More TPL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TPL Stock News HeadlinesJuly 26 at 8:30 AM | seekingalpha.comZelikovic Investments Letter (Updated Q2 - 2024)July 23 at 8:06 PM | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference CallJuly 26, 2024 | Traders Agency (Ad)5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.July 21, 2024 | seekingalpha.comLooking For Energy Dividends? Don't Sleep On Diamondback EnergyJuly 10, 2024 | gurufocus.comTexas Pacific Land: An Atypical Real Estate Growth StockJune 14, 2024 | investorplace.comThe 3 Best Energy Stocks to Buy in June 2024June 13, 2024 | businesswire.comTexas Pacific Land Corporation Announces Special Dividend of $10 Per Share and Cash Balance TargetJune 7, 2024 | prnewswire.comKKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600July 26, 2024 | Traders Agency (Ad)5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.May 11, 2024 | markets.businessinsider.comBuy Rating for Texas Pacific Land on Strong Q1 Performance and Technological AdvancementsMay 11, 2024 | seekingalpha.comTexas Pacific Land: I'm So Bullish It HurtsMay 9, 2024 | msn.comTexas Pacific Land declares $1.17 dividendMay 8, 2024 | msn.comTPL Stock Earnings: Texas Pacific Land Beats EPS, Beats Revenue for Q1 2024May 8, 2024 | finance.yahoo.comTexas Pacific Land Corporation Announces First Quarter Results and Record Water Segment RevenuesMay 2, 2024 | reuters.comTexas enters peak season for power output and emissions: MaguireMay 1, 2024 | finance.yahoo.comIs Texas Pacific Land Corporation's (NYSE:TPL) Latest Stock Performance A Reflection Of Its Financial Health?April 29, 2024 | ca.finance.yahoo.comRon Baron and Bill Ackman Are Performance LeadersApril 22, 2024 | seekingalpha.comThat One Important Chart Dividend Investors Need To WatchSee More Headlines Receive TPL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Texas Pacific Land and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/08/2024Ex-Dividend for 6/17 Dividend6/03/2024Dividend Payable6/17/2024Ex-Dividend for 7/15 Dividend7/01/2024Dividend Payable7/15/2024Today7/26/2024Next Earnings (Confirmed)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil royalty traders Sub-IndustryN/A Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees100Year FoundedN/APrice Target and Rating Average Stock Price Target$694.17 High Stock Price Target$917.00 Low Stock Price Target$471.33 Potential Upside/Downside-14.3%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$18.81 Trailing P/E Ratio43.05 Forward P/E Ratio38.20 P/E GrowthN/ANet Income$405.64 million Net Margins65.74% Pretax Margin83.90% Return on Equity43.16% Return on Assets38.56% Debt Debt-to-Equity RatioN/A Current Ratio39.27 Quick Ratio39.27 Sales & Book Value Annual Sales$631.59 million Price / Sales29.48 Cash Flow$18.63 per share Price / Cash Flow43.46 Book Value$45.31 per share Price / Book17.87Miscellaneous Outstanding Shares22,990,000Free Float18,383,000Market Cap$18.62 billion OptionableNot Optionable Beta1.63 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. Get This Free Report Key ExecutivesMr. Tyler Glover (Age 39)President, CEO & Trustee Comp: $2.3MMr. Chris Steddum (Age 43)Chief Financial Officer Comp: $1.2MMr. Micheal W. Dobbs (Age 50)Senior VP, Secretary & General Counsel Comp: $915.76kMs. Stephanie D. Buffington (Age 57)Chief Accounting Officer Shawn AminiVice President of Finance & Investor RelationsMr. Robert A. Crain (Age 44)Executive Vice President of Texas Pacific Water Resources LLC More ExecutivesKey CompetitorsSabine Royalty TrustNYSE:SBRPermian Basin Royalty TrustNYSE:PBTSan Juan Basin Royalty TrustNYSE:SJTCross Timbers Royalty TrustNYSE:CRTNorth European Oil Royalty TrustNYSE:NRTView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 86,975 shares on 7/26/2024Ownership: 0.888%State of Michigan Retirement SystemBought 4,400 shares on 7/26/2024Ownership: 0.024%Cambridge Investment Research Advisors Inc.Sold 156 shares on 7/26/2024Ownership: 0.014%Allspring Global Investments Holdings LLCBought 35 shares on 7/26/2024Ownership: 0.003%RiverPark Advisors LLCSold 100 shares on 7/26/2024Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions TPL Stock Analysis - Frequently Asked Questions How have TPL shares performed this year? Texas Pacific Land's stock was trading at $524.15 on January 1st, 2024. Since then, TPL shares have increased by 56.5% and is now trading at $820.25. View the best growth stocks for 2024 here. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) issued its quarterly earnings results on Wednesday, May, 8th. The financial services provider reported $4.97 EPS for the quarter, beating analysts' consensus estimates of $4.58 by $0.39. The financial services provider earned $174.14 million during the quarter, compared to the consensus estimate of $158.20 million. Texas Pacific Land had a trailing twelve-month return on equity of 43.16% and a net margin of 65.74%. When did Texas Pacific Land's stock split? Shares of Texas Pacific Land split before market open on Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly minted shares were payable to shareholders after the closing bell on Wednesday, March 27th 2024. An investor that had 100 shares of stock prior to the split would have 300 shares after the split. Who are Texas Pacific Land's major shareholders? Top institutional shareholders of Texas Pacific Land include Bank of New York Mellon Corp (0.89%), Schwartz Investment Counsel Inc. (0.82%), Sumitomo Mitsui Trust Holdings Inc. (0.19%) and Raymond James & Associates (0.13%). Insiders that own company stock include Kinetics Asset Managem Horizon, Eric L Oliver, Murray Stahl, Micheal W Dobbs, Donald G Cook and Dana F Mcginnis. View institutional ownership trends. How do I buy shares of Texas Pacific Land? Shares of TPL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Texas Pacific Land own? Based on aggregate information from My MarketBeat watchlists, some other companies that Texas Pacific Land investors own include NVIDIA (NVDA), Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V) and Alibaba Group (BABA). This page (NYSE:TPL) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredThis student turned $1,300 into $45,000 in just 4 Months!With the help of S.A.M. (my new AI-powered scanner) it's now easier than ever to find these unique trades... ...Monument Traders Alliance | SponsoredRare signal predicts 50% market drop - before electionThe market is near all-time highs, we're told that unemployment is low, AI's a gift to humanity, and the FED w...Behind the Markets | SponsoredMust-See: Elon’s New Invention is Absolutely InsaneCould Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredElon to Transform U.S. Economy? A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” ...Porter & Company | Sponsored5 Stocks that could triple in a week Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942...Traders Agency | SponsoredMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just...Paradigm Press | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Texas Pacific Land Co. Please log in to your account or sign up in order to add this asset to your watchlist. Share Texas Pacific Land With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
