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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)548.26K
Market Cap
$36.61B
Enterprise Value$36.46B
Total Cash (Recent Filing)$144.81M
Total Debt (Recent Filing)$32.35M
Price to Earnings (P/E)75.2
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. Volume811,073
30 Day Avg. Volume548,256
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/Revenue45.68
Enterprise Value/Gross Profit45.68
Enterprise Value/Ebitda55.62
Forecast
1Y Price Target
$639.00Price Target Upside-25.95% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)8.12
Revenue Forecast (FY)$953.50M
Bulls Say, Bears Say
Bulls Say
Conservative Balance SheetTPL's near-zero leverage and a debt-to-equity ratio around 0.01 provide durable financial flexibility. This conservative capital structure supports opportunistic M&A, capital spending for strategic projects, and stable shareholder returns without reliance on external funding during commodity or cycle stress.
High Profitability & Cash ConversionExceptional margins and strong operating cash flow (FCF closely tracking earnings) create persistent free cash generation. High cash conversion funds capex, dividends, buybacks and strategic investment optionality, making core cash flows resilient across multi‑year cycles despite commodity swings.
Strategic Diversification InitiativesInvestments in desalination and data‑center partnerships provide durable optionality beyond royalties. If executed, these initiatives can create new recurring revenue streams, leverage TPL land/water rights, and de‑risk commodity dependence by capturing long-term structural demand from water services and AI compute infrastructure.
Bears Say
Growth & FCF VolatilityTPL exhibits notable revenue and FCF variability across years (FCF dipped ~5.5% in 2025). Persistent volatility can complicate planning for large-scale desalination/data center investments and makes multi‑year cash flow forecasting less certain, increasing execution and reinvestment risk.
Execution / Timing Risk On New ProjectsOrla Phase 2b delays and unanswered scaling economics create sustained execution risk. Large desalination and co‑located data center plans depend on technical, permitting and power solutions; multi‑year uncertainty could delay revenue diversification and require additional capital or partnerships to scale economically.
Commodity & Activity ExposureTPL's royalty and lease income remain sensitive to oil prices and basin activity. A prolonged weaker price environment or sustained rig declines can reduce lease bonuses, royalties and well completions, pressuring longer-term revenue growth and increasing dependency on successful diversification to offset commodity cyclicality.
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 $36.61B.
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 64 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
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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 $778.6K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▼ 0.3%
Last 30 Days ▼ 0.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
16.70%
12-Months-Change
Fundamentals
Return on Equity
37.15%
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
7.38% Insiders
5.22% Mutual Funds
21.21% Other Institutional Investors
41.01% Public Companies and Individual Investors