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S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Collapse of 2022 Has Begun (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
As Musk is learning, content moderation is a messy job
Intel is a Sleeping Giant Ready to Awaken
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Collapse of 2022 Has Begun (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
As Musk is learning, content moderation is a messy job
Intel is a Sleeping Giant Ready to Awaken
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
S&P 500   4,071.70
DOW   34,429.88
QQQ   292.55
Get Rid of Your Siri Remote Once and for All This Year
The Collapse of 2022 Has Begun (Ad)pixel
No OPEC+ oil shakeup as Russian price cap stirs uncertainty
OPEC doesn't change its targets for oil production amid uncertainty over new Western price cap on Russian oil
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
As Musk is learning, content moderation is a messy job
Intel is a Sleeping Giant Ready to Awaken
Millionaire Investor Reveals: “How I Made My Second Fortune… By Avoiding 99% of Stocks” (Ad)pixel
FDA change ushers in cheaper, easier-to-get hearing aids
Reformers take 6 of 14 UAW board seats, could win majority
NYSE:TPL

Texas Pacific Land - TPL Stock Forecast, Price & News

$2,600.61
+42.31 (+1.65%)
(As of 12/2/2022 09:01 PM ET)
Add
Compare
Today's Range
$2,573.23
$2,628.87
50-Day Range
$1,626.85
$2,715.06
52-Week Range
$946.29
$2,739.00
Volume
22,100 shs
Average Volume
33,574 shs
Market Capitalization
$20.04 billion
P/E Ratio
47.25
Dividend Yield
0.46%
Price Target
N/A

Texas Pacific Land MarketRank™ Forecast

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Healthy
3.13% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Texas Pacific Land in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$240,095 Bought Last Quarter
Proj. Earnings Growth
5.44%
From $59.96 to $63.22 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.10 out of 5 stars

Oils/Energy Sector

129th out of 246 stocks

Oil Royalty Traders Industry

1st out of 2 stocks

TPL stock logo

About Texas Pacific Land (NYSE:TPL) Stock

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own 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 located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.

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TPL Stock News Headlines

Texas Pacific Land: Dividend Insights
Texas Pacific Land Is Overdue For Correction
Texas Pacific Land Recent Insider Activity
Texas Pacific Land Insider Trades Send a Signal
Texas Pacific Land Corporation
Texas Pacific Land Corp
Texas Pacific Land: The Stock Will Do Fine
Texas Pacific Land Corporation (NYSE: TPL)
See More Headlines
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TPL Company Calendar

Last Earnings
11/04/2021
Ex-Dividend for 9/15 Dividend
9/07/2022
Dividend Payable
9/15/2022
Today
12/04/2022
Ex-Dividend for 12/15 Dividend
12/07/2022
Dividend Payable
12/15/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/22/2023

Industry, Sector and Symbol

Industry
Oil royalty traders
Sub-Industry
N/A
Employees
92
Year Founded
N/A

Profitability

Net Income
$269.98 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$450.96 million

Miscellaneous

Free Float
7,196,000
Market Cap
$20.04 billion
Optionable
Not Optionable
Beta
1.97

Social Links


Key Executives

  • Mr. Tyler GloverMr. Tyler Glover (Age 37)
    Pres, CEO & Trustee
    Comp: $3.43M
  • Mr. Chris Steddum (Age 41)
    Chief Financial Officer
    Comp: $1.55M
  • Mr. Micheal W. Dobbs (Age 49)
    Sr. VP, Sec. & Gen. Counsel
    Comp: $1.01M
  • Ms. Stephanie D. Buffington (Age 55)
    Chief Accounting Officer
  • Shawn Amini
    VP of Fin. & Investor Relations
  • Mr. Robert A. Crain (Age 43)
    Exec. VP of Texas Pacific Water Resources LLC













TPL Stock - Frequently Asked Questions

How have TPL shares performed in 2022?

Texas Pacific Land's stock was trading at $1,248.87 at the beginning of 2022. Since then, TPL shares have increased by 108.2% and is now trading at $2,600.61.
View the best growth stocks for 2022 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 were Texas Pacific Land's earnings last quarter?

Texas Pacific Land Co. (NYSE:TPL) issued its earnings results on Thursday, November, 4th. The financial services provider reported $10.82 earnings per share for the quarter, topping analysts' consensus estimates of $8.83 by $1.99. The financial services provider had revenue of $123.69 million for the quarter, compared to analyst estimates of $106.25 million. During the same quarter in the previous year, the company earned $5.97 earnings per share.

How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land?

Texas Pacific Land announced a quarterly dividend on Tuesday, November 1st. Investors of record on Thursday, December 8th will be given a dividend of $3.00 per share on Thursday, December 15th. This represents a $12.00 annualized dividend and a dividend yield of 0.46%. 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 0.46%. 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 18.98% 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 number of institutional and retail investors. Top institutional shareholders include Horizon Kinetics Asset Management LLC (19.35%), Vanguard Group Inc. (8.18%), BlackRock Inc. (4.48%), State Street Corp (2.26%), First Manhattan Co. (1.93%) and Neuberger Berman Group LLC (0.96%). 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 $2,600.61.

How much money does Texas Pacific Land make?

Texas Pacific Land (NYSE:TPL) has a market capitalization of $20.02 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 12/5/2022 by MarketBeat.com Staff