NYSE:TPL Texas Pacific Land - TPL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $1,914.37 -94.97 (-4.73%) (As of 02/6/2023 12:00 AM ET) Add Compare Share Share Today's Range$1,839.42▼$2,001.2150-Day Range$1,933.88▼$2,647.3852-Week Range$986.01▼$2,739.00Volume47,261 shsAverage Volume36,345 shsMarket Capitalization$14.74 billionP/E Ratio34.78Dividend Yield0.60%Price TargetN/A ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Texas Pacific Land MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish3.14% of Float Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.19Based on 8 Articles This WeekInsider TradingAcquiring Shares$253,536 Bought Last QuarterProj. Earnings Growth9.01%From $59.96 to $65.36 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.43 out of 5 starsOils/Energy Sector83rd out of 237 stocksOil Royalty Traders Industry1st out of 1 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Texas Pacific Land. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.14% of the float of Texas Pacific Land has been sold short.Short Interest Ratio / Days to CoverTexas Pacific Land has a short interest ratio ("days to cover") of 6.4.Change versus previous monthShort interest in Texas Pacific Land has recently increased by 3.05%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.60%, which is in the bottom 25% of all stocks that pay dividends.Dividend GrowthTexas Pacific Land has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Texas Pacific Land is 21.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Texas Pacific Land will have a dividend payout ratio of 18.36% next year. This indicates that Texas Pacific Land will be able to sustain or increase its 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 3.4 News and Social Media Coverage News SentimentTexas Pacific Land has a news sentiment score of 1.19. 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 0.49 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Texas Pacific Land this week, compared to 2 articles on an average week.Search InterestOnly 19 people have searched for TPL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows9 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is an increase of 125% compared to the previous 30 days. Previous Next 2.5 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 $253,536.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.60% of the stock of Texas Pacific Land is held by insiders.Percentage Held by Institutions58.95% 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. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Texas Pacific Land are expected to grow by 9.01% in the coming year, from $59.96 to $65.36 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 34.78, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 34.78, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 45.58. Previous Next See Top Rated MarketRank™ Stocks Here About Texas Pacific Land (NYSE:TPL) StockTexas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The firm also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. It operates through following segment: Land and Resource Management and Water Services and Operations. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment offers operators an unparalleled breadth of service across the majority of the Permian Basin. The company was founded in 1871 and is headquartered in Dallas, TX.Read More 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 TPL Stock News HeadlinesFebruary 3, 2023 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Shares Gap Down to $1,995.85January 31, 2023 | finance.yahoo.comOzona Reaches Agreement to Lease Pore Space for Cost Effective Long-Term Sequestration of Carbon DioxideFebruary 6, 2023 | Investing Trends (Ad)New "Vertical" Technology Solves Solar Power's Major FlawEven conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.January 25, 2023 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference CallJanuary 23, 2023 | finance.yahoo.comIs Now The Time To Put Texas Pacific Land (NYSE:TPL) On Your Watchlist?January 20, 2023 | finance.yahoo.comWedgewood Partners’ Top Q4 Contributor: Texas Pacific Land Corp. (TPL)January 19, 2023 | cnbc.comThis fund crushed it last year in part by heavily betting on one unique oil stockJanuary 9, 2023 | finance.yahoo.comInsiders of Texas Pacific Land Corporation (NYSE:TPL) are probably glad they bought last year as their US$2.1m investment now stands at US$2.6mFebruary 6, 2023 | Investing Trends (Ad)New "Vertical" Technology Solves Solar Power's Major FlawEven conservationists hate conventional solar farms. That's because they take up too much land and can degrade the environment. And let's face it, land is expensive...Fortunately, new groundbreaking tower technology solves solar's #1 drawback. These unique vertical structures not only take up to 90% less land space, but also generate extra electric power.January 6, 2023 | finance.yahoo.comTop Picks 2023- Texas Pacific Land TPLDecember 22, 2022 | finance.yahoo.comIs Texas Pacific Land (TPL) Stock Outpacing Its Oils-Energy Peers This Year?December 2, 2022 | msn.comTexas Pacific Land: Dividend InsightsNovember 30, 2022 | seekingalpha.comTexas Pacific Land Is Overdue For CorrectionNovember 29, 2022 | benzinga.comTexas Pacific Land Recent Insider ActivityNovember 28, 2022 | benzinga.com55K Reasons To Be Bullish On Texas Pacific Land StockNovember 15, 2022 | benzinga.comTexas Pacific Land Insider Trades Send a SignalNovember 15, 2022 | finance.yahoo.comTexas Pacific Land Corporation shareholder Gabi Gliksberg shares public letter to stockholders about upcoming Annual Meeting, outlines why he plans to vote against Board recommendationsNovember 10, 2022 | finance.yahoo.comHere's Why Texas Pacific Land Corporation's (NYSE:TPL) CEO May Deserve A RaiseNovember 10, 2022 | finance.yahoo.comLion Long Term Partners LP, a Significant Stockholder of Texas Pacific Land Corporation Issues Statement In Response to Texas Pacific Land Corporation Stockholder Letter From BoardNovember 8, 2022 | finance.yahoo.comTexas Pacific Land Third Quarter 2022 Earnings: Beats ExpectationsNovember 8, 2022 | finance.yahoo.comLion Long Term Partners LP, a significant shareholder of Texas Pacific Land Corporation, Issues Statement In Response to Texas Pacific Land Corporation Board CommentsNovember 4, 2022 | seekingalpha.comTexas Pacific Land Corporation (TPL) Q3 2022 Earnings Call TranscriptNovember 2, 2022 | finance.yahoo.comTexas Pacific Land Corporation Announces Third Quarter 2022 ResultsNovember 1, 2022 | msn.comEarnings Outlook For Texas Pacific Land TrustOctober 25, 2022 | finance.yahoo.comLion Long Term Partners LP, a Significant Shareholder of Texas Pacific and Land Corporation, Urges Shareholders to Vote Against Proposal 4 at Upcoming Annual MeetingOctober 18, 2022 | money.usnews.comTexas Pacific Land CorporationOctober 18, 2022 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Third Quarter 2022 Earnings Release and Conference CallSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 TPL Company Calendar Last Earnings11/04/2021Ex-Dividend for 12/15 Dividend12/07/2022Dividend Payable12/15/2022Today2/06/2023Next Earnings (Confirmed)2/22/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Oil royalty traders Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:TPL CUSIPN/A CIK97517 Webwww.tpltrust.com Phone(214) 969-5530Fax214-969-5530Employees92Year FoundedN/AProfitability EPS (Most Recent Fiscal Year)$55.04 Trailing P/E Ratio34.78 Forward P/E Ratio31.93 P/E GrowthN/ANet Income$269.98 million Net Margins64.31% Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual Sales$450.96 million Price / Sales32.69 Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding Shares7,700,000Free Float7,196,000Market Cap$14.74 billion OptionableNot Optionable Beta1.86 Social Links Key ExecutivesTyler GloverPresident, Chief Executive Officer & DirectorChris SteddumChief Financial OfficerMicheal W. DobbsSecretary, Senior VP & General CounselStephanie D. BuffingtonChief Accounting OfficerKey CompetitorsEvergyNYSE:EVRGAPANASDAQ:APATarga ResourcesNYSE:TRGPMarathon OilNYSE:MROSolarEdge TechnologiesNASDAQ:SEDGView All CompetitorsInsiders & InstitutionsAsset Management One Co. Ltd.Sold 97 shares on 2/6/2023Ownership: 0.031%Harvest Fund Management Co. LtdBought 48 shares on 2/6/2023Ownership: 0.002%PRW Wealth Management LLCSold 36 shares on 2/3/2023Ownership: 0.020%FCF Advisors LLCSold 9 shares on 2/3/2023Ownership: 0.006%U.S. Capital Wealth Advisors LLCBought 69 shares on 2/3/2023Ownership: 0.001%View All Insider TransactionsView All Institutional Transactions TPL Stock - Frequently Asked Questions How have TPL shares performed in 2023? Texas Pacific Land's stock was trading at $2,344.23 at the beginning of the year. Since then, TPL shares have decreased by 18.9% and is now trading at $1,900.00. View the best growth stocks for 2023 here. When is Texas Pacific Land's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 22nd 2023. View our TPL earnings forecast. How can I listen to Texas Pacific Land's earnings call? Texas Pacific Land will be holding an earnings conference call on Thursday, February 23rd at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-6671 with passcode "13734727". How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) issued its quarterly earnings data on Thursday, November, 4th. The financial services provider reported $10.82 earnings per share for the quarter, beating analysts' consensus estimates of $8.83 by $1.99. The financial services provider earned $123.69 million during the quarter, compared to analyst estimates of $106.25 million. During the same period in the prior year, the company posted $5.97 EPS. How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land? Texas Pacific Land declared a quarterly dividend on Tuesday, November 1st. Investors of record on Thursday, December 8th will be paid a dividend of $3.00 per share on Thursday, December 15th. This represents a $12.00 annualized dividend and a yield of 0.63%. The ex-dividend date is Wednesday, December 7th. Read our dividend analysis for TPL. Is Texas Pacific Land a good dividend stock? Texas Pacific Land (NYSE:TPL) pays an annual dividend of $12.00 per share and currently has a dividend yield of 0.60%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 21.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, TPL will have a dividend payout ratio of 18.36% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for TPL. What other stocks do shareholders of Texas Pacific Land own? Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land investors own include NVIDIA (NVDA), Walt Disney (DIS), Adobe (ADBE), Mastercard (MA), QUALCOMM (QCOM), Visa (V), Alibaba Group (BABA), Costco Wholesale (COST), Salesforce (CRM) and Johnson & Johnson (JNJ). What is Texas Pacific Land's stock symbol? Texas Pacific Land trades on the New York Stock Exchange (NYSE) under the ticker symbol "TPL." Who are Texas Pacific Land's major shareholders? Texas Pacific Land's stock is owned by a variety of retail and institutional investors. Top institutional investors include Lion Long Term Partners LP (0.66%), Mad River Investors (0.59%), Hodges Capital Management Inc. (0.37%), Lawson Kroeker Investment Management Inc. NE (0.25%), Sumitomo Mitsui Trust Holdings Inc. (0.21%) and Cortland Associates Inc. MO (0.20%). Insiders that own company stock include Dana F Mcginnis, Kinetics Asset Managem Horizon, Murray Stahl and Tyler Glover. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Texas Pacific Land's stock price today? One share of TPL stock can currently be purchased for approximately $1,900.00. How much money does Texas Pacific Land make? Texas Pacific Land (NYSE:TPL) has a market capitalization of $14.63 billion and generates $450.96 million in revenue each year. The financial services provider earns $269.98 million in net income (profit) each year or $55.04 on an earnings per share basis. How can I contact Texas Pacific Land? Texas Pacific Land's mailing address is 1700 PACIFIC AVENUE SUITE 2900, DALLAS TX, 75201. The official website for the company is www.tpltrust.com. The financial services provider can be reached via phone at (214) 969-5530 or via fax at 214-969-5530. This page (NYSE:TPL) was last updated on 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. 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