TPL
Texas Pacific Land Corporation NYSE Listed Mar 17, 1980$355.11
+0.18%
vs $354.48
Mkt Cap $24.5B
52w Low $273.56
30.6% of range
52w High $539.79
50d MA $403.08
200d MA $371.38
P/E (TTM)
51.0x
EV/EBITDA
37.2x
P/B
16.8x
Debt/Equity
0.0x
ROE
33.0%
P/FCF
50.4x
RSI (14)
37.20
ATR (14)
$17.06
Beta
0.77
50d MA
$403.08
200d MA
$371.38
Avg Volume
446.1K
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own 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 located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements. Further, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche. Its Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics, and well testing services to operators in the Permian Basin. This segment also holds royalties for water sourced from its land. Texas Pacific Land Corporation was founded in 1888 and is headquartered in Dallas, Texas.
2699 Howell Street · Dallas, TX 75204 · US
| Date | Time | Est | Rptd | Surp | Base | Gap% | D1% | D2% | D3% | D4% | D5% | Guide ▲★ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 6, 2026 | AMC | 2.03 | 2.07 | +2.0% | 419.75 | +1.3% | -4.9% | -1.2% | +2.1% | -0.3% | -3.7% | — |
| Feb 18, 2026 | AMC | 1.79 | 1.79 | +0.0% | 440.71 | -2.4% | +10.4% | +2.7% | +0.6% | +5.8% | -4.1% | — |
| Nov 5, 2025 | AMC | 1.92 | 1.76 | -8.5% | 306.35 | -0.2% | +10.0% | -2.9% | +1.2% | -0.5% | +1.7% | — |
| Aug 6, 2025 | AMC | 1.83 | 1.68 | -8.0% | 316.87 | +0.8% | -8.7% | -0.6% | -0.8% | +0.2% | +3.0% | — |
| May 7, 2025 | AMC | 1.76 | 1.75 | -0.4% | 447.79 | +2.0% | -4.2% | +1.1% | +3.1% | +2.8% | +2.0% | — |
| Feb 19, 2025 | AMC | 1.61 | 1.71 | +6.0% | 468.29 | +2.7% | +1.9% | -6.0% | -3.8% | -0.4% | +4.8% | — |
| Nov 6, 2024 | AMC | 1.78 | 1.54 | -13.6% | 443.21 | -5.6% | +0.4% | +2.9% | +1.9% | +0.5% | -2.9% | — |
| Aug 7, 2024 | AMC | 1.79 | 1.66 | -7.1% | 257.66 | +1.4% | +7.1% | -0.6% | +1.2% | -1.6% | -0.0% | — |
| May 8, 2024 | AMC | 1.53 | 1.66 | +8.7% | 187.83 | +3.5% | +9.2% | +1.4% | -3.0% | +0.4% | -1.0% | — |
| Feb 21, 2024 | AMC | 1.38 | 1.64 | +18.8% | 169.15 | +2.9% | +2.7% | -0.1% | -0.1% | +1.7% | -2.8% | — |
| Nov 1, 2023 | AMC | 1.61 | 1.53 | -5.0% | 204.75 | -0.1% | -2.4% | +0.6% | -2.7% | -3.6% | -2.7% | — |
| Aug 2, 2023 | AMC | 1.23 | 1.45 | +17.9% | 162.81 | +2.0% | +10.0% | +6.3% | +2.0% | +1.1% | +0.9% | — |
| May 3, 2023 | AMC | 1.47 | 1.25 | -15.0% | 159.24 | -2.0% | -3.6% | +2.2% | -0.9% | -0.4% | -0.5% | — |
| Date | Firm | Action | Grade | Target | Base | Open | Gap% | D1% | D2% | D3% | D4% | D5% |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 23 | KeyBanc Capital Markets | Maintains | Overweight → Overweight | — | $499.88 | $513.99 | +2.8% | +0.6% | +5.8% | -4.1% | +0.4% | +2.3% |
| Aug 12 | BWS Financial | Maintains | Buy → Buy | — | $274.19 | $275.01 | +0.3% | +1.2% | -1.6% | -0.0% | +1.2% | -0.9% |
| May 10 | BWS Financial | Maintains | Buy → Buy | — | $205.08 | $204.04 | -0.5% | +1.4% | -3.0% | +0.4% | -1.0% | +1.2% |
| Apr 2 | BWS Financial | Maintains | Buy → Buy | — | $190.36 | $191.55 | +0.6% | +0.8% | +1.9% | +1.7% | -0.2% | -2.9% |
| Jan 23 | Stifel | Maintains | Hold → Hold | — | $165.44 | $164.27 | -0.7% | +0.1% | +1.0% | -0.7% | -0.4% | +2.2% |
| Nov 30 | Stifel | Maintains | Hold → Hold | — | $183.56 | $183.54 | -0.0% | +1.2% | +4.4% | -8.5% | -6.8% | -0.1% |
| May 22 | Stifel | Maintains | Hold → Hold | — | $149.56 | $149.15 | -0.3% | +1.4% | -0.8% | -0.6% | -3.1% | +0.8% |
| Apr 27 | Stifel | Maintains | Hold → Hold | — | $163.76 | $163.90 | +0.1% | -1.2% | +1.5% | -0.0% | -2.8% | -0.2% |
| Apr 12 | Stifel | Maintains | Hold → Hold | — | $200.46 | $199.91 | -0.3% | -3.8% | -0.5% | -0.8% | -3.5% | -2.4% |
| Sep 29 | Credit Suisse | Maintains | Underperform → Underperform | — | $148.49 | $146.67 | -1.2% | -7.2% | -2.5% | -3.0% | -1.8% | +2.9% |
| May 10 | BWS Financial | Maintains | Buy → Buy | — | $194.81 | $194.44 | -0.2% | -0.2% | -1.3% | -2.3% | -1.9% | +1.9% |
| Apr 1 | Stifel | Downgrade | Buy → Hold | — | $176.60 | $175.56 | -0.6% | +0.7% | -0.8% | +0.5% | +1.1% | -0.1% |
| Mar 1 | BWS Financial | Maintains | Buy → Buy | — | $122.67 | $124.56 | +1.5% | +0.3% | -0.9% | +5.4% | +1.5% | +2.1% |
| Jan 12 | BWS Financial | Maintains | Buy → Buy | — | $96.61 | $97.22 | +0.6% | +1.3% | -5.3% | +2.4% | -1.5% | +0.9% |
| Aug 6 | Stifel | Maintains | Buy → Buy | — | $66.89 | $66.00 | -1.3% | -4.2% | +1.2% | +2.6% | -1.8% | +0.3% |
| Jan 31 | Stifel | Maintains | Buy → Buy | — | $80.72 | $80.04 | -0.8% | +4.0% | -0.8% | +4.0% | +2.7% | +0.3% |
| Jan 9 | Stifel | Maintains | Buy → Buy | — | $91.04 | $91.44 | +0.4% | -0.8% | -0.5% | -0.5% | -0.7% | -0.4% |
| Date | Insider | Title | Type | Shares | Price | Value | Owned After | D1% | D5% |
|---|---|---|---|---|---|---|---|---|---|
| Jun 17, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $356.60 | $357 | 3,393,555 | — | — |
| Jun 16, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $356.31 | $356 | 3,393,554 | +0.18% | — |
| Jun 15, 2026 | DOYLE PETERDir | — | Buy | 4 | $381.95 | $2K | 146,936 | +0.18% | — |
| Jun 15, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $369.40 | $369 | 3,393,553 | -0.52% | — |
| Jun 12, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $384.53 | $385 | 3,393,552 | -1.77% | — |
| Jun 11, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $370.47 | $370 | 3,393,551 | -4.26% | — |
| Jun 10, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $380.37 | $380 | 3,393,550 | +2.53% | +0.18% |
| Jun 9, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $386.62 | $387 | 3,393,549 | -1.50% | -0.52% |
| Jun 8, 2026 | STEDDUM CHRISOff | Chief Financial Officer | Sell | 100 | $401.18 | $40K | 12,040 | -1.81% | -1.77% |
| Jun 8, 2026 | STEDDUM CHRISOff | Chief Financial Officer | Sell | 730 | $400.21 | $292K | 12,140 | -1.81% | -1.77% |
| Jun 8, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $402.65 | $403 | 3,393,548 | -1.81% | -1.77% |
| Jun 5, 2026 | STEDDUM CHRISOff | Chief Financial Officer | Sell | 3,170 | $400.25 | $1.3M | 12,870 | -1.81% | -1.77% |
| Jun 5, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $394.84 | $395 | 3,393,547 | -3.54% | -4.26% |
| Jun 4, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $406.73 | $407 | 3,393,546 | +1.63% | +2.53% |
| Jun 3, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $406.72 | $407 | 3,393,545 | -4.16% | -1.50% |
| Jun 2, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $368.20 | $368 | 3,393,544 | -0.01% | -1.81% |
| Jun 1, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $387.38 | $387 | 3,393,543 | +9.69% | -3.54% |
| May 29, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $395.39 | $395 | 3,395,624 | +0.70% | +1.63% |
| May 28, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $406.26 | $406 | 3,395,623 | -6.30% | -4.16% |
| May 27, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $404.86 | $405 | 3,395,622 | -2.07% | -0.01% |
| May 26, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $402.90 | $403 | 3,395,621 | -2.07% | -0.01% |
| May 22, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $400.85 | $401 | 3,395,620 | +1.50% | +0.70% |
| May 20, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 2 | $395.93 | $792 | 3,395,618 | +1.27% | -2.07% |
| May 19, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 2 | $390.21 | $780 | 3,395,616 | -1.38% | -1.17% |
| May 18, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $385.14 | $385 | 3,395,614 | +2.02% | +1.50% |
| May 15, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $387.62 | $388 | 3,395,613 | +2.06% | -0.48% |
| May 14, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $385.21 | $385 | 3,395,612 | +0.37% | +1.27% |
| May 13, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $381.10 | $381 | 3,395,611 | -0.86% | -1.38% |
| May 12, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $393.71 | $394 | 3,395,610 | +0.51% | +2.02% |
| May 7, 2026 | HORIZON KINETICS ASSET MANAGEMENT LLC10% | — | Buy | 1 | $401.32 | $401 | 3,395,607 | +2.14% | -0.86% |
8-K · 7.01
! Medium
Texas Pacific Land Corporation -- 8-K 7.01: Regulation FD Disclosure
Texas Pacific Land Corporation will present to investors at its May 18, 2026 Investor Day in Midland, Texas, disclosing strategic updates and operational performance metrics via formal presentation materials.
May 18
8-K · 2.02
!! High
Horizon Kinetics Holding Corp -- 8-K 2.02: Earnings Results
May 15
8-K · 1.01
!! High
Horizon Kinetics Holding Corp -- 8-K 1.01: Material Agreement
Horizon Kinetics secured board representation rights from Texas Pacific Land Corp, potentially gaining influence over TPL strategic decisions and access to operational insights.
May 11
8-K · 8.01
!! High
RENN Fund, Inc. -- 8-K 8.01: Material Event / Announcement
May 8
8-K · 5.02
!!! Very High
Texas Pacific Land Corporation -- 8-K 5.02: Executive Change
Texas Pacific Land Corporation appointed Peter Doyle as a director, strengthening its board with new leadership that may influence future strategic decisions and governance direction.
May 6
8-K · 7.01
! Medium
Unknown — 8-K 7.01: Regulation FD Disclosure
Murray Stahl's death removes a significant board member and influential shareholder voice at TPL, potentially creating leadership uncertainty and affecting strategic direction at the land company.
Apr 9
8-K
Unknown — 8-K Filing
The company's 31% revenue growth driven by surging mutual fund and ETF assets—particularly from TPL and GBTC holdings—suggests strong investor demand for these products, potentially indicating sustained momentum in equity and crypto markets that benefits asset managers.
Mar 12
8-K · 7.01
! Medium
Texas Pacific Land Corporation -- 8-K 7.01: Regulation FD Disclosure
Texas Pacific Land Corporation updated its investor presentation, signaling management's intent to refresh messaging with institutional investors and analysts about the company's strategic direction and financial outlook.
Feb 18
Institutional (13F) — Top 20
All ↗
| # | Manager | Shares | Value | Chg | Period |
|---|---|---|---|---|---|
| 1 | Vanguard Capital Management Llc | 3,783,685 | $1.8B | New | Mar 2026 |
| 2 | Vanguard Portfolio Management Llc | 3,142,852 | $1.5B | New | Mar 2026 |
| 3 | Morgan Stanley | 1,455,842 | $418M | Added | Dec 2025 |
| 4 | Invesco Ltd. | 622,175 | $295M | Reduced | Mar 2026 |
| 5 | Northern Trust Corp | 544,883 | $259M | Reduced | Mar 2026 |
| 6 | Ubs Group Ag | 473,607 | $225M | Added | Mar 2026 |
| 7 | Schwartz Investment Counsel Inc | 410,926 | $195M | Reduced | Mar 2026 |
| 8 | Bank Of New York Mellon Corp | 357,379 | $170M | Added | Mar 2026 |
| 9 | Amundi | 279,786 | $133M | New | Mar 2026 |
| 10 | Douglass Winthrop Advisors, Llc | 268,886 | $128M | Reduced | Mar 2026 |
| 11 | Bank Of America Corp /de/ | 264,740 | $126M | Added | Mar 2026 |
| 12 | Champlain Investment Partners, Llc | 252,962 | $120M | New | Mar 2026 |
| 13 | California State Teachers Retirement System | 237,252 | $113M | New | Mar 2026 |
| 14 | Focus Partners Wealth | 188,893 | $90M | Added | Mar 2026 |
| 15 | Jpmorgan Chase & Co | 175,110 | $82M | Added | Mar 2026 |
| 16 | Moors & Cabot, Inc. | 170,484 | $81M | — | Mar 2026 |
| 17 | York Gp, Ltd. | 270,600 | $78M | Added | Dec 2025 |
| 18 | Nuveen, Llc | 161,414 | $77M | Added | Mar 2026 |
| 19 | First Trust Advisors Lp | 155,810 | $74M | Added | Mar 2026 |
| 20 | Msrh, Llc | 149,458 | $71M | Reduced | Mar 2026 |
Mutual Funds / ETFs (N-PORT) — Top 20
All ↗
Valuation
Market Cap
$24.51B
Enterprise Value
$24.38B
P/E (TTM)
50.95x
Forward P/E
37.15x
PEG Ratio
6.83x
P/B
16.78x
P/S
30.71x
P/FCF
50.40x
EV/EBITDA
37.20x
Shares Out
69.0M
Financials (TTM)
Revenue
$798.2M
Net Income
$481.4M
EBITDA
$655.5M
Free Cash Flow
$486.4M
Op Cash Flow
$545.9M
EPS Basic
$6.98
EPS Diluted
$6.97
EPS Forward
$9.56
Gross Margin
100.0%
Op Margin
74.2%
Net Margin
60.3%
Balance Sheet
Total Assets
$1.62B
Total Liab.
$164.4M
Total Equity
$1.46B
Cash
$144.8M
LT Debt
$16.2M
Book Value/Sh
$21.16
Debt/Equity
0.02x
Current Ratio
4.40
Quick Ratio
4.40
Returns & Growth
ROE
33.0%
ROA
29.6%
ROIC
30.1%
Rev Growth YoY
+13.1%
EPS Growth YoY
+6.0%
Price Returns
2W
+1.2%
1M
-11.4%
3M
-25.0%
6M
+36.4%
12M
+5.8%
Technicals
52W High
$539.79
52W Low
$273.56
50d MA
$403.08
200d MA
$371.38
RSI (14)
37.20
ATR (14)
$17.06
Beta
0.77
Avg Volume
446K
Dividends
Div Rate
$2.14
Div Yield
0.5%
Frequency
4
Ex-Div Date
Mar 2, 2026
Analyst Price Targets
Consensus
$639.00
High
$639.00
Low
$639.00
Median
$639.00
Data updated apr 27, 2026 5:24am
· Source: financialmodelingprep.com