NYSE:TPL Texas Pacific Land (TPL) Stock Price, News & Analysis $798.51 +5.78 (+0.73%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$792.41▼$809.8050-Day Range$724.75▼$874.0152-Week Range$467.62▼$881.12Volume64,447 shsAverage Volume81,535 shsMarket Capitalization$18.36 billionP/E Ratio42.45Dividend Yield0.59%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/Downside13.1% Downside$694.17 Price TargetShort InterestBearish6.26% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.25Based on 9 Articles This WeekInsider TradingAcquiring Shares$68,635 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.0.88 out of 5 starsOils/Energy Sector215th out of 239 stocksOil Royalty Traders Industry4th out of 4 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 Shorted6.26% 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.Change versus previous monthShort interest in Texas Pacific Land has recently increased by 2.13%, indicating that investor sentiment is decreasing. Previous Next 0.8 Dividend Strength Dividend YieldTexas Pacific Land has a dividend yield of 0.58%, 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 1.25. 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 0.64 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 3 articles on an average week.Search Interest6 people have searched for TPL on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Texas Pacific Land to their MarketBeat watchlist in the last 30 days. This is a decrease of -43% 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 $68,635.00 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 42.45, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Texas Pacific Land is 42.45, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 13.63.Price to Book Value per Share RatioTexas Pacific Land has a P/B Ratio of 15.21. 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 Crypto 101 MediaPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying with both fists. They know it's only a matter of time before another bull run. Now, Crypto Insiders Are Scooping up Lesser-Known Coins and Making Serious BankGo here to get full details on this crypto now. 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 HeadlinesSeptember 5 at 12:53 AM | benzinga.comHere's How Much You Would Have Made Owning Texas Pacific Land Stock In The Last 15 YearsAugust 30, 2024 | finance.yahoo.comTexas Pacific Land's (NYSE:TPL) five-year earnings growth trails the 34% YoY shareholder returnsSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 28, 2024 | americanbankingnews.comTexas Pacific Land (NYSE:TPL) Hits New 12-Month High at $856.66August 27, 2024 | uk.finance.yahoo.comTexas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash TransactionsAugust 27, 2024 | msn.comTexas Pacific Land buys Permian Basin mineral interests in deals totaling $169MAugust 9, 2024 | finance.yahoo.comHere's Why We Think Texas Pacific Land (NYSE:TPL) Is Well Worth WatchingAugust 9, 2024 | seekingalpha.comTexas Pacific Land: So Bullish, 13% Of My Portfolio Is Just The BeginningSeptember 7, 2024 | Golden Crest (Ad)Biden’s Capital Gains Tax to Devastate Savings!Don't let the corrupt elites dictate your future—ACT NOW! This guide is your first step towards financial independence and security.August 7, 2024 | finance.yahoo.comTexas Pacific Land Corporation Announces Second Quarter Results and Another Record Performance From Water SegmentAugust 7, 2024 | msn.comTexas Pacific Land GAAP EPS of $4.98 misses by $0.38, revenue of $172.33M misses by $10.01MAugust 6, 2024 | markets.businessinsider.comHere's what Wall Street expects from Texas Pacific Land's earnings reportJuly 31, 2024 | seekingalpha.comTexas Pacific Land: A Former Great Buy, But Not AnymoreJuly 29, 2024 | seekingalpha.comDowngrading Texas Pacific Land On Valuation, Despite Oil/Gas Bull ViewJuly 26, 2024 | seekingalpha.comZelikovic Investments Letter (Updated Q2 - 2024)July 23, 2024 | finance.yahoo.comTexas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference CallJuly 21, 2024 | seekingalpha.comLooking For Energy Dividends? Don't Sleep On Diamondback EnergyJuly 10, 2024 | gurufocus.comTexas Pacific Land: An Atypical Real Estate Growth StockSee 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 Ex-Dividend for 7/15 Dividend7/01/2024Dividend Payable7/15/2024Last Earnings8/07/2024Ex-Dividend for 9/17 Dividend9/03/2024Today9/07/2024Dividend Payable9/17/2024Next Earnings (Estimated)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-13.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$18.81 Trailing P/E Ratio42.45 Forward P/E Ratio39.65 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$671.10 million Price / Sales27.35 Cash Flow$18.14 per share Price / Cash Flow44.02 Book Value$52.50 per share Price / Book15.21Miscellaneous Outstanding Shares22,990,000Free Float18,383,000Market Cap$18.36 billion OptionableNot Optionable Beta1.60 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. 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 CompetitorsAres ManagementNYSE:ARESBlue Owl CapitalNYSE:OWLLineageNASDAQ:LINEBrookfield Asset ManagementNYSE:BAMTPGNASDAQ:TPGView All CompetitorsInsiders & InstitutionsCim LLCBought 131 shares on 9/6/2024Ownership: 0.008%Murray StahlBought 3 shares on 9/5/2024Total: $2,430.00 ($810.00/share)Sanctuary Advisors LLCBought 1,357 shares on 9/5/2024Ownership: 0.006%Murray StahlBought 3 shares on 9/3/2024Total: $2,561.31 ($853.77/share)Murray StahlBought 3 shares on 8/30/2024Total: $2,598.06 ($866.02/share)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 at the start of the year. Since then, TPL stock has increased by 52.3% and is now trading at $798.51. 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, 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 earned $172.33 million during the quarter, compared to the consensus estimate 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 shares split on the morning of Wednesday, March 27th 2024. The 3-1 split was announced on Wednesday, March 27th 2024. The newly minted shares were distributed 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 investors of Texas Pacific Land include Bank of New York Mellon Corp (0.89%), Schwartz Investment Counsel Inc. (0.82%), Magnolia Capital Advisors LLC (0.78%) and Dimensional Fund Advisors LP (0.55%). 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 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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