Texas Pacific Land Stock Today
| TPL Stock | USD 1,730 214.47 14.15% |
Performance31 of 100
| Odds Of DistressLess than 5
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Texas Pacific is selling for 1730.00 as of the 24th of November 2024. This is a 14.15 percent up since the beginning of the trading day. The stock's lowest day price was 1586.84. Texas Pacific has under 5 % chance of experiencing financial distress over the next 2 years and had a very strong performance during the last 90 days. Equity ratings for Texas Pacific Land are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of November 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Energy | IPO Date 31st of December 1987 |
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas. Texas Pacific operates under Oil Gas EP classification in the United States and is traded on New York Stock Exchange. The company has 22.97 M outstanding shares of which 1.27 M shares are at this time shorted by investors with about 15.18 days to cover. More on Texas Pacific Land
Moving together with Texas Stock
| 0.75 | AR | Antero Resources Corp | PairCorr |
| 0.69 | EP | Empire Petroleum Corp | PairCorr |
| 0.97 | LB | LandBridge Company Upward Rally | PairCorr |
| 0.76 | PR | Permian Resources Aggressive Push | PairCorr |
Moving against Texas Stock
Texas Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| CEO | Tyler Glover | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Names | [Tethys Petroleum Limited, TELEPLAN INTL NV, TELEPLAN INTL NV, TELEPLAN INTL NV - Hanover Stock Exchang, TELEPLAN INTL NV] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Exploration & Production, Oil & Gas E&P, Energy, NYSE Composite, SP Midcap 400, SP OIL GAS, Energy, Oil, Gas & Consumable Fuels, Oil & Gas E&P, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsTexas Pacific can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Texas Pacific's financial leverage. It provides some insight into what part of Texas Pacific's total assets is financed by creditors.
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Texas Pacific Land (TPL) is traded on New York Stock Exchange in USA. It is located in 1700 Pacific Avenue, Dallas, TX, United States, 75201 and employs 100 people. Texas Pacific is listed under Oil & Gas Exploration & Production category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 39.75 B. Texas Pacific Land runs under Oil, Gas & Consumable Fuels sector within Energy industry. The entity has 22.97 M outstanding shares of which 1.27 M shares are at this time shorted by investors with about 15.18 days to cover.
Texas Pacific Land has about 510.83 M in cash with 418.29 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 57.97.
Check Texas Pacific Probability Of Bankruptcy
Ownership AllocationTexas Pacific Land shows a total of 22.97 Million outstanding shares. Over half of Texas Pacific's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Texas Ownership Details
Texas Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Pacific Heights Asset Management, Llc | 2024-09-30 | 165 K | |
| Legal & General Group Plc | 2024-06-30 | 146.5 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 136.7 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 136.4 K | |
| Douglass Winthrop Advisors, Llc | 2024-09-30 | 99.2 K | |
| Mrm-horizon Advisors Llc | 2024-09-30 | 97.8 K | |
| Neuberger Berman Group Llc | 2024-06-30 | 86.5 K | |
| Ubs Group Ag | 2024-06-30 | 76.2 K | |
| Jpmorgan Chase & Co | 2024-06-30 | 76.1 K | |
| Horizon Asset Management Inc/ny | 2024-09-30 | 3.7 M | |
| Blackrock Inc | 2024-06-30 | 2.2 M |
Texas Pacific Historical Income Statement
Texas Stock Against Markets
Texas Pacific Corporate Management
| Micheal JD | Secretary VP | Profile | |
| Stephanie Buffington | Chief Accounting Officer | Profile | |
| Eric Oliver | Independent Director | Profile | |
| Sameer Parasnis | Executive Vice President Chief Commercial Officer | Profile | |
| Donald Cook | Independent Director | Profile | |
| Murray Stahl | Independent Director | Profile |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Texas Pacific Land. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey. You can also try the Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Is Oil & Gas Exploration & Production space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Texas Pacific. If investors know Texas will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Texas Pacific listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.011 | Dividend Share 4.603 | Earnings Share 19.55 | Revenue Per Share 29.861 | Quarterly Revenue Growth 0.099 |
The market value of Texas Pacific Land is measured differently than its book value, which is the value of Texas that is recorded on the company's balance sheet. Investors also form their own opinion of Texas Pacific's value that differs from its market value or its book value, called intrinsic value, which is Texas Pacific's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Texas Pacific's market value can be influenced by many factors that don't directly affect Texas Pacific's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Texas Pacific's value and its price as these two are different measures arrived at by different means. Investors typically determine if Texas Pacific is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Texas Pacific's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.