Texas Pacific Land/TPL

$582.60

0.03%
-
1D1W1MYTD1YMAX

About Texas Pacific Land

Texas Pacific Land Corporation is a landowner in the state of Texas with approximately 868,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. Its segments include Land and Resource Management and Water Services and Operations. Its Land and Resource Management segment encompasses the business of managing its approximately 868,000 surface acres of land and its oil and gas royalty interests in West Texas, principally concentrated in the Permian Basin. This segment consists primarily of royalties from oil and gas, revenues from easements, commercial leases and renewables, and land and material sales. Its Water Services and Operations segment encompasses the business of providing full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC (TPWR). These full-service water offerings include, but are not limited to, water sourcing, produced-water treatment, infrastructure development, and others.

Ticker

TPL

Sector

Energy

Trading on

NYSE

Industry

Misc. Financial Services

CEO

Tyler Glover

Employees

100

Headquarters

Dallas, United States

TPL Metrics

BasicAdvanced
$13.46B
Market cap
33.25
P/E ratio
$17.59
EPS
1.60
Beta
$4.08
Dividend rate
0.8%
Dividend yield
$13.46B
1.59998
$666.67
$422.07
75.08K
$4.08
24.65%
48.947
39.89%
44.67%
41.68%
33.248
21.307
12.901
13.165
52.16
0.57%
0.7%
0.8%
-5.37%
-8.63%
27.8%
32.48%
7%

What the Analysts think about TPL

Analyst Ratings

Majority rating from 3 analysts.
Hold

Price Targets

Average projection from 3 analysts.
13.41% upside
High $917.00
Low $500.00
$582.60
Current price
$660.71
Average price target

TPL Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
67.88% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$166.6M
5.51%
Net income
$113.1M
7.2%
Profit margin
67.88%
1.6%

TPL Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 18.25%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$3.75
$4.35
$4.58
$4.91
-
Expected
$4.40
$3.74
$4.99
$4.15
$4.82
Surprise
-14.83%
16.31%
-8.23%
18.25%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Texas Pacific Land stock?

Texas Pacific Land (TPL) has a market cap of $13.46B as of April 20, 2024.

What is the P/E ratio for Texas Pacific Land stock?

The price to earnings (P/E) ratio for Texas Pacific Land (TPL) stock is 33.25 as of April 20, 2024.

Does Texas Pacific Land stock pay dividends?

Yes, the Texas Pacific Land (TPL) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $4.08329 and the yield is 0.8%. Texas Pacific Land has a payout ratio of 24.65% on a trailing twelve-month basis.

When is the next Texas Pacific Land dividend payment date?

The next Texas Pacific Land (TPL) dividend payment date is unconfirmed.

What is the beta indicator for Texas Pacific Land?

Texas Pacific Land (TPL) has a beta rating of 1.6. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Texas Pacific Land stock price target?

The target price for Texas Pacific Land (TPL) stock is $660.71, which is 13.41% above the current price of $582.6. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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