NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis $1,066.82 +18.86 (+1.80%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends About Texas Pacific Land Stock (NYSE:TPL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get Texas Pacific Land alerts:Sign Up Key Stats Today's Range$1,049.95▼$1,077.2550-Day Range$788.39▼$1,066.8252-Week Range$467.62▼$1,077.25Volume65,084 shsAverage Volume104,349 shsMarket Capitalization$24.52 billionP/E Ratio54.88Dividend Yield0.44%Price Target$694.17Consensus RatingModerate Buy Company OverviewTexas 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… Election warning coming true… (Ad)If you missed it, my emergency election broadcast is now available - watch it before it's too late.Click here to watch it now. Texas Pacific Land Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks20th Percentile Overall ScoreTPL MarketRank™: Texas Pacific Land scored higher than 20% of companies evaluated by MarketBeat, and ranked 236th out of 255 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion1.3 / 5Analyst RatingModerate Buy 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. Earnings and Valuation0.6 / 5Proj. Earnings GrowthN/A Price to Earnings Ratio vs. the MarketThe P/E ratio of Texas Pacific Land is 54.88, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.51.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 54.88, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 16.86.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 23.54. 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. Short Interest0.0 / 5Short Interest LevelBearish Percentage of Shares Shorted5.96% 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 14.4, which indicates bearish sentiment.Change versus previous month Dividend0.8 / 5Dividend StrengthWeak Dividend YieldTexas Pacific Land has a dividend yield of 0.44%, 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 24.07%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Texas Pacific Land's dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted5.96% 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 14.4, which indicates bearish sentiment.Change versus previous month News and Social Media4.0 / 5News Sentiment1.19 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 0.54 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Texas Pacific Land this week, compared to 4 articles on an average week.Search Interest8 people have searched for TPL on MarketBeat in the last 30 days. MarketBeat Follows14 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is an increase of 600% compared to the previous 30 days. Company Ownership2.5 / 5Insider TradingAcquiring Shares 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 $106,092.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 6.50% of the stock of Texas Pacific Land is held by insiders.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. 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 HeadlinesMeet the Hidden-Gem Oil and Gas Dividend Stock That Is Up 87% Year to Date and Just Hit an All-Time HighOctober 11, 2024 | fool.comTexas Pacific Land Corp (TPL) Q2 2024 Earnings Call Highlights: Record Water Sales and ...October 9, 2024 | finance.yahoo.comMusk’s new company could top a trillion?The investment legend who predicted the rise of Bitcoin, Facebook and streaming services like Netflix… Just released the details on what he’s calling Elon’s Project X-9840.October 17, 2024 | Paradigm Press (Ad)Texas Pacific Land Corporation Sets Dates for Third Quarter 2024 Earnings Release and Conference CallOctober 9, 2024 | businesswire.comTexas Pacific Land Corporation's (NYSE:TPL) Stock Is Going Strong: Is the Market Following Fundamentals?October 9, 2024 | finance.yahoo.comTPL adds thousands of acres in West Texas to mineral royalties portfolioOctober 6, 2024 | bizjournals.comIs Texas Pacific Land Corporation (NYSE:TPL) The Top Goldman Sachs Fund Manager Stock Pick?October 4, 2024 | msn.comTexas Pacific Land Corporation (TPL): Leveraging Services for Strong Market PerformanceOctober 1, 2024 | msn.comSee More Headlines TPL Stock Analysis - Frequently Asked Questions How have TPL shares performed this year? Texas Pacific Land's stock was trading at $524.15 at the beginning of 2024. Since then, TPL stock has increased by 103.5% and is now trading at $1,066.82. View the best growth stocks for 2024 here. How were Texas Pacific Land's earnings last quarter? Texas Pacific Land Co. (NYSE:TPL) posted its quarterly earnings data on Wednesday, August, 7th. The financial services provider reported $4.98 earnings per share for the quarter, missing the consensus estimate of $5.36 by $0.38. The financial services provider had revenue of $172.33 million for the quarter, compared to analyst estimates of $182.35 million. Texas Pacific Land had a trailing twelve-month return on equity of 41.29% and a net margin of 66.71%. When did Texas Pacific Land's stock split? Texas Pacific Land's stock split on the morning of Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly created shares were payable to shareholders after the market closes 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 investors of Texas Pacific Land include Bar Harbor Wealth Management (0.10%), Sapient Capital LLC (0.08%), Creative Planning (0.03%) and True North Advisors LLC (0.02%). 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 Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM). Company Calendar Last Earnings8/07/2024Ex-Dividend for 9/17 Dividend9/03/2024Dividend Payable9/17/2024Today10/17/2024Next Earnings (Confirmed)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorOils/Energy Industry Oil royalty traders Sub-IndustryTrading 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-34.9%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$19.44 Trailing P/E Ratio54.84 Forward P/E RatioN/A P/E GrowthN/ANet Income$405.64 million Net Margins66.71% Pretax Margin85.31% Return on Equity41.29% Return on Assets37.22% Debt Debt-to-Equity RatioN/A Current Ratio31.15 Quick Ratio31.15 Sales & Book Value Annual Sales$631.59 million Price / Sales38.79 Cash Flow$18.26 per share Price / Cash Flow58.39 Book Value$45.31 per share Price / Book23.53Miscellaneous Outstanding Shares22,980,000Free Float21,484,000Market Cap$24.50 billion OptionableNot Optionable Beta1.60 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! 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