TPL Stock Recent News

Texas Pacific (TPL) closed at $587.81 in the latest trading session, marking a +0.34% move from the prior day.

In the most recent trading session, Texas Pacific (TPL) closed at $582.60, indicating a +0.03% shift from the previous trading day.

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 Wednesday, May 8, 2024. A conference call will be held on Thursday, May 9, 2024 at 8:30 a.m. Eastern Time. Webcast: A webcast of the conference call will be available on the Investors section of the Company's website at www.texaspacific.com. To listen to the live broadcast, go to the site at least 15 min.

Here is how Texas Pacific (TPL) and Weatherford (WFRD) have performed compared to their sector so far this year.

In the latest trading session, Texas Pacific (TPL) closed at $605.72, marking a +0.7% move from the previous day.

Texas Pacific (TPL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

The valuation of the S&P 500 has become rather stretched, indicating subdued longer-term returns. This makes value stocks, particularly in the energy sector, more attractive due to their lower valuations. The article recommends three specific stocks for investors interested in royalty exposure: Texas Pacific Land, Viper Energy, and Topaz Energy.

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 market closes on Wednesday, February 21, 2024. A conference call will be held on Thursday, February 22, 2024 at 8:30 a.m. Eastern Time. Webcast: A webcast of the conference call will be available on the Investors section of the Company's website at www.texaspacific.com. To listen to the live broad.

Texas Pacific Land Trust (TPL) underperformed the Energy Select Sector SPDR by 32% in 2023. While Valuations fit in line with last decade, we tell you why TPL is incredibly expensive today. Issuing stock is probably the very best thing the company can do at this point.

Texas Pacific Land Corporation owns prime real estate in the Permian Basin, the largest U.S. oil and gas basin. TPL generates revenue through fixed fees, material sales, and royalties from major customers like Occidental Petroleum, Chevron, Exxon Mobil, EOG Resources, and ConocoPhillips. TPL has impressive financial performance, with a 40% compounding growth rate in free cash flow from 2016 to 2022 and a 10-year average annual total return of 47%.