Texas Pacific Land Corporation (TPL)
| Market Cap | 14.35B |
| Revenue (ttm) | 659.38M |
| Net Income (ttm) | 433.49M |
| Shares Out | 23.01M |
| EPS (ttm) | 18.81 |
| PE Ratio | 33.16 |
| Forward PE | 18.24 |
| Dividend | $11.17 (1.79%) |
| Ex-Dividend Date | Jun 3, 2024 |
| Volume | 70,700 |
| Open | 612.13 |
| Previous Close | 615.23 |
| Day's Range | 612.13 - 625.00 |
| 52-Week Range | 422.07 - 666.67 |
| Beta | 1.62 |
| Analysts | Buy |
| Price Target | 694.17 (+11.3%) |
| 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... [Read more]
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%.
Financial StatementsAnalyst 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 11.30% from the latest price.
News
Texas Pacific Land Corporation Announces First Quarter Results and Record Water Segment Revenues
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the first quarter of 2024. First Quarter 2024 Highl...
Texas Pacific Land Corporation Sets Dates for First Quarter 2024 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) announced today that the Company will release first quarter 2024 financial results after the market closes on Wednes...
Texas Pacific Land Corporation Announces Three-for-One Stock Split
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company”) today announced that its Board of Directors has approved a three-for-one stock split to be distributed to stockholde...
Delaware Supreme Court Affirms Ruling in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' Agreement
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) announced today that the Delaware Supreme Court (the “Supreme Court”) affirmed the December 1, 2023 ruling ...
Texas Pacific Land Corporation Announces Fourth Quarter and Full Year 2023 Results
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the fourth quarter and full year of 2023. Fourth Qu...
Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release fourth quarter and full year 2023 financial results after the...
Texas Pacific Land (TPL): Insiders are buying the stock
Texas Pacific Land (NYSE: TPL) stock price is not having a good year as interest rates remains at the highest point in over 22 years. The stock was trading at $1,555 on Tuesday, about 21% below its hi...
Delaware Court of Chancery Rules in Favor of Texas Pacific Land Corporation on Litigation Related to Stockholders' Agreement
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL” or the “Company”) announced today that the Delaware Court of Chancery (the “Court”) has ruled in favor of TPL in the litigati...
Texas Pacific Land Corporation Announces Third Quarter 2023 Results
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the third quarter of 2023. Third Quarter 2023 Highl...
Texas Pacific Land Corporation Sets Dates for Third Quarter 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release third quarter 2023 financial results after the market closes ...
Texas Pacific Land Corp: A High-Performance Contender in the Oil & Gas Industry
Founded in 1888, Texas Pacific Land Corp ( TPL , Financial) is one of the largest landowners in the state of Texas with approximately 900,000 acres of land in West Texas. The company operates in the O...
Texas Pacific Land Corp: A High-Performing Giant in the Oil & Gas Industry
Texas Pacific Land Corp ( TPL , Financial) is a prominent player in the Oil & Gas industry. As of August 3, 2023, the company's stock price stands at $1559.77, with a market cap of $12 billion.
Texas Pacific Land Corporation Announces Second Quarter 2023 Results
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the second quarter of 2023. Second Quarter 2023 Hig...
Texas Pacific Land Corporation Announces Board Refreshment
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its slate of director nominees for election to the Company's board of directors (the “Board...
Texas Pacific Land Corporation Sets Dates for Second Quarter 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release second quarter 2023 financial results after the market closes...
Texas Pacific Land Corporation Announces First Quarter Results
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the first quarter of 2023. First Quarter 2023 Highl...
Texas Pacific Land Corporation Sets Dates for First Quarter 2023 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release first quarter 2023 financial results after the market closes ...
Top 5 Energy Stocks That Could Blast Off In March
The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
Texas Pacific Land Corporation and bpx energy Agree to Comprehensive Water and Surface Use Agreements
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (“TPL”) announced today a long-term agreement with bpx energy (“bpx”), a subsidiary of BP P.L.C. (NYSE: BP), to provide water servic...
Texas Pacific Land Corporation Announces Fourth Quarter and Full Year Results
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the fourth quarter and full year of 2022. Fourth Qu...
Texas Pacific Land Corporation Announces Quarterly Dividend
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that on February 10, 2023, the Board of Directors declared a quarterly cash dividend of $3....
Murray Stahl Dives Into Bitcoin, Trims Top Holding in 4th Quarter
Murray Stahl (Trades, Portfolio)'s Horizon Kinetics recently disclosed its 13F filing for the fourth quarter of 2022, giving a snapshot of its equity portfolio as of the quarter's end.
Ozona Reaches Agreement to Lease Pore Space for Cost Effective Long-Term Sequestration of Carbon Dioxide
SAN ANTONIO, Texas--(BUSINESS WIRE)--Ozona CCS, LLC (“Ozona” or “the Company”) of San Antonio, Texas has reached a definitive agreement with Texas Pacific Land Corporation (NYSE: TPL) ("TPL") to lea...
Texas Pacific Land Corporation Sets Dates for Fourth Quarter and Full Year 2022 Earnings Release and Conference Call
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release fourth quarter and full year 2022 financial results after t...
Texas Pacific Land Corporation to Further Adjourn 2022 Annual Meeting of Stockholders
DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced that it intends to further adjourn its 2022 annual meeting of stockholders (as further ad...