Texas Pacific Land Corporation
TPL
NYSE·Energy·Oil & Gas Exploration & Production·Mkt cap $25.5B
$369.71
▲ +0.08%
P/E
47.16
Mkt Cap
$25.5B
52-Wk Range
$269.23–$547.20
52-Week Range
$269.23 - $547.20
P/E
Fwd P/E
Beta
Div Yield
Avg Vol
Shares Out
Mkt Cap
Price action
Price chart
Up 21.9% over the trailing year
Total returns
Price performance
Total return across standard periods - splits & dividends adjusted by FMP. Periods longer than 1Y show annualized in the tooltip.
Why we rate it this way
The thesis at a glance
Bull and bear case · plain-English context across the five lenses we evaluate.
Bull Case
4 reasons
- Massive diversified land portfolio of 880,000 acres providing multiple revenue streams and long-term asset value
- Established oil and gas royalty interests generating passive income with minimal operating costs
- Strategic position in the Permian Basin with integrated water services addressing critical operator needs
- 135+ year operating history and deep Texas roots providing regulatory relationships and operational expertise
Bear Case
2 risks
- Low volatility (beta 0.6).
- Extreme premium - high expectations embedded
Growth
Moderate growth ahead
Increased Permian Basin drilling activity driving higher royalty revenues and water services demand
Value
Extreme premium - high expectations embedded
Momentum
Weak
-9.0% over 3m
Quality
Excellent
Strong fundamentals
Dividend
Modest
0.61% yield
Smart-money signal
Who's buying TPL right now
Insider Form 4s, 13F institutional filings, and Congressional disclosures - at a glance.
Earnings track record
Recent earnings results
AI-summarized recap of last quarter, plus the surprise on every print.
Next: Nov 4, 2026
AUG 5, 2026
Reported EPS of $2.23 vs $2.18 consensus (+2.3% surprise). Revenue of $246.1M vs $249.5M expected (-1.4%).
EPS surprise · last 4Q
1 of 1 beats
Estimate
Actual
Q3 26
+2.3%
Revenue trend · last 8Q
—
+11%
+13%
+9%
+17%
+14%
+21%
+31%
Q3 24
Q4 24
Q1 25
Q2 25
Q3 25
Q4 25
Q1 26
Q2 26
$173.6M
$185.8M
$196.0M
$187.5M
$203.1M
$211.6M
$236.8M
$246.1M
Margins · last 8Q
Gross
100.0%
Operating
78.0%
Profit
62.6%
Wall Street consensus
Analyst coverage
Live ratings and price targets aggregated across covering analysts.
vs Industry
How TPL stacks vs Oil & Gas Exploration & Production
Stock metrics vs industry averages. Green = better than industry.
Industry comparison data unavailable for this stock.
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