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Texas Pacific Land Corporation (TPL)
NYSE:TPL
TPL Stock Chart & Stats
$862.91
-$7.26(-0.58%)
At close: 4:00 PM EST
$862.91
-$7.26(-0.58%)
Day’s Range― - ―
52-Week Range$269.23 - $547.20
Previous CloseN/A
Volume35.88K
Average Volume (3M)642.62K
Market Cap
$35.81B
Enterprise Value$35.70B
Total Cash (Recent Filing)$144.81M
Total Debt (Recent Filing)$32.35M
Price to Earnings (P/E)41.1
Beta1.25
Next Earnings
May 06, 2026EPS Estimate
1.88Next Dividend Ex-DateN/A
Dividend Yield0.72%
Share Statistics
EPS (TTM)1.79
Shares Outstanding68,941,550
10 Day Avg. Volume548,462
30 Day Avg. Volume642,619
Financial Highlights & Ratios
PEG Ratio6.83
Price to Book (P/B)13.57
Price to Sales (P/S)24.81
P/FCF Ratio40.72
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue44.72
Enterprise Value/Gross Profit44.72
Enterprise Value/Ebitda54.46
Forecast
1Y Price Target
$639.00Price Target Upside-25.95% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)8.26
Revenue Forecast (FY)$982.50M
Bulls Say, Bears Say
Bulls Say
High Profitability MarginsSustained very high net and EBITDA margins indicate a structurally advantaged business model (royalties + water) with low operating leverage. Durable margins support strong internal cash generation, fund strategic investments, and allow steady capital returns even if volumes or prices moderate.
Conservative Balance Sheet And LiquidityNear-zero leverage and a large undrawn revolving facility provide substantial financial flexibility to self-fund acquisitions, scale projects, or sustain shareholder returns. This low financial risk profile materially reduces refinancing and liquidity concerns over a multiyear horizon.
Strong Cash Generation And Volume Growth TrendsHigh-quality FCF that closely tracks earnings, combined with multi-year CAGRs in royalties and water volumes, shows durable revenue drivers across passive royalty income and fee-based water services. This supports repeatable investment capacity and resilient long-term cash returns.
Bears Say
Growth And FCF VolatilityVolatility in FCF and a recent deceleration reduce predictability for capital allocation and shareholder returns. Because large portions of revenue depend on third-party activity and commodity cycles, cash flow can be lumpy, complicating multi-period budgeting and dampening near-term investment visibility.
Exposure To Commodity Prices And Permian ActivityRoyalty and water revenues are structurally tied to commodity prices and operator drilling. A sustained lower-price or lower-activity regime reduces royalty receipts and water demand, constraining organic growth and pressuring margins despite the firm’s structurally advantaged asset base.
Execution & Scale Risk For Desalination And Data CentersStrategic moves into desalination and co‑located data center supply could be value-accretive, but timing, capital needs, and technical scalability are unresolved. Delays or higher-than-expected costs would defer expected diversification benefits and may require incremental capital or partnerships.
Texas Pacific Land News
TPL FAQ
What was Texas Pacific Land Corporation’s price range in the past 12 months?
Texas Pacific Land Corporation lowest stock price was $269.23 and its highest was $547.20 in the past 12 months.
What is Texas Pacific Land Corporation’s market cap?
Texas Pacific Land Corporation’s market cap is $35.81B.
When is Texas Pacific Land Corporation’s upcoming earnings report date?
Texas Pacific Land Corporation’s upcoming earnings report date is May 06, 2026 which is in 43 days.
How were Texas Pacific Land Corporation’s earnings last quarter?
Texas Pacific Land Corporation released its earnings results on Feb 18, 2026. The company reported $1.79 earnings per share for the quarter, missing the consensus estimate of $1.792 by -$0.002.
Is Texas Pacific Land Corporation overvalued?
According to Wall Street analysts Texas Pacific Land Corporation’s price is currently Overvalued.
Does Texas Pacific Land Corporation pay dividends?
Texas Pacific Land Corporation pays a Quarterly dividend of $0.533 which represents an annual dividend yield of 0.72%. See more information on Texas Pacific Land Corporation dividends here
What is Texas Pacific Land Corporation’s EPS estimate?
Texas Pacific Land Corporation’s EPS estimate is 1.88.
How many shares outstanding does Texas Pacific Land Corporation have?
Texas Pacific Land Corporation has 68,941,550 shares outstanding.
What happened to Texas Pacific Land Corporation’s price movement after its last earnings report?
Texas Pacific Land Corporation reported an EPS of $1.79 in its last earnings report, missing expectations of $1.792. Following the earnings report the stock price went up 10.404%.
Which hedge fund is a major shareholder of Texas Pacific Land Corporation?
Currently, no hedge funds are holding shares in TPL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Texas Pacific Land Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Moderate Buy
Average Price Target:
$639.00 (-25.95% Downside)
$639.00 (-25.95% Downside)
Blogger Sentiment
Bullish
TPL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 3.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $783.8K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.7%
Last 30 Days ▲ 11.9%
Last 30 Days ▲ 11.9%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.31%
12-Months-Change
Fundamentals
Return on Equity
36.18%
Trailing 12-Months
Asset Growth
30.38%
Trailing 12-Months
Company Description
Texas Pacific Land Corporation
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.
TPL Company Deck
TPL Earnings Call
Q4 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive outlook driven by multiple operational and financial records, strong free cash flow, conservative balance sheet with substantial liquidity, strategic investments into data center infrastructure (Bolt) and meaningful progress on desalination R&D. Key risks include a weaker oil price environment (-15% realized decline YoY), Permian activity contraction (rig count down ~26%) and remaining execution and scaling uncertainties for desalination and large data center projects. On balance, highlights significantly outweigh the lowlights.View all TPL earnings summariesTPL Revenue Breakdown
68.41% Land and resource management
31.59% Water services and operations
TPL Stock 12 Month Forecast
Average Price Target
$639.00
▼(-25.95% Downside)
Technical Analysis
Ownership Overview
7.44% Insiders
11.97% Mutual Funds
27.55% Other Institutional Investors
27.10% Public Companies and Individual Investors