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The series is stated in the current share scale after splits; dividends are not included in the price
Texas Pacific Land owns the ground above oil fields and collects royalties without producing anything.
The company grew out of a railway land trust and still owns an enormous holding in the Permian Basin. Oil companies drill on that land and pay a share of production. No rigs, no wells, no capital spending — hence profitability the producers themselves cannot reach.
The second income is nearly as important: selling water for fracturing and taking produced water back. Each well needs a great deal of it, and hauling it from far away is expensive. Risks: the oil price and the pace of drilling on this specific land — the company cannot accelerate it itself. A dividend is paid, but the company prefers buybacks to raising it.
Based on the last 12 months of reports, through 30 June 2026
The sector median covers every company in the sector on the US market, loss-making ones included.
Texas Pacific Land Corporation (TPL) is a company in the Financials sector; its shares trade on NYSE.
The price of Texas Pacific Land Corporation (TPL) on October 30, 2026 is 329.09 $, +0.34 % on the day. Over 52 weeks the stock traded between 269.23 $ and 547.20 $; the price now sits 22 % of the way up that range. Over the past year the price changed by +12.17 %. The P/E ratio is 41.93, which is above the sector median (12.85). Market capitalization is 22.70 billion $, rank 1 among 4 stocks of the same industry with a known capitalization.
Texas Pacific Land Corporation trades on NYSE under the ticker TPL. The company belongs to the Financials sector. The trading history on this page starts on 22 August 2016.
Over the past 52 weeks TPL has traded between 269.23 $ and 547.20 $. As of 30 October 2026 the price stood 27.80 % of the way from the 52-week low to the high.
Over one year TPL shares rose 12.17 %; over six months they fell 18.71 %. Volatility over 90 days is 43.73 %. Dividends are not included: this is price change only, as of 30 October 2026.
TPL trades at a price-to-earnings ratio of 41.9, above the sector median of 12.8. Price to sales is 25.3, above the sector median of 2.7. Price to book is 13.6, above the sector median of 1.3. Calculated from reports for the period ending 30 June 2026.
Texas Pacific Land Corporation reported revenue of 898M $ and net income of 541M $ over the last four quarters. Net margin is 60.32 %. Revenue changed by +20.82 % year over year. Earnings per share are 7.84 $. Market capitalisation is 22.7B $.
TPL has a return on equity of 32.37 %, above the sector median of 10.15 %. Return on assets is 29.12 %, above the sector median of 1.17 %. Operating margin is 74.92 %, above the sector median of −1.21 %.