TPL Stock Recent News

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 on Wednesday, August 2, 2023. A conference call will be held on Thursday, August 3, 2023 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.

Texas Pacific Land represents an interesting buy opportunity, based on the significant -50% price drop since its 2022 peak vs. only a slight decline in operating results. The stock's valuation is back near the lower end of its historical range, with underlying growth in the business likely over time. Similar to the recession selloffs in early 2020 and 2008-09, the latest technical picture is ripe for a reversal in the coming months.

Fundamentals always win out in the end, but price action can drive you crazy till then. The baby bubble of Texas Pacific Land Corporation matured into a fully-filled, helium offering in late 2022. But like the Bilbo Baggins story, we are now back to square one.

Texas Pacific (TPL) came out with quarterly earnings of $11.24 per share, missing the Zacks Consensus Estimate of $13.21 per share. This compares to earnings of $12.64 per share a year ago.

Texas Pacific (TPL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Texas Pacific (TPL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 on Wednesday, May 3, 2023. A conference call will be held on Thursday, May 4, 2023 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.

Texas Pacific Land Corporation (NYSE:TPL ) Q4 2022 Earnings Conference Call February 23, 2023 8:30 AM ET Company Participants Shawn Amini - Vice President-Finance & Investor Relations Ty Glover - Chief Executive Officer Chris Steddum - Chief Financial Officer Conference Call Participants Derrick Whitfield - Stifel Hamed Khorsand - BWS Financial Operator Good morning, and welcome to Texas Pacific Land Corporation's Fourth Quarter and Full Year 2022 Earnings Conference Call. This conference call is being recorded.

Texas Pacific (TPL) delivered earnings and revenue surprises of -14.53% and 11.07%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

In this article, we assess a very unusual energy stock, a company with an asset-light royalty-based business model. The Texas Pacific Land Corporation owns close to 900 thousand acres of land in the Texas Permian, allowing it to benefit from every stage of the drilling process through royalties.