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Texas Pacific Land (TPL)

NYSE

$524.29

$11.78 (

+2.30%

)

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5D
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6M
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Market closed

TPL: $524.29 / ₿ 0.0079 BTC / 788015 Sats

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5D
1M
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Key statistics

$512.51
$269.23 - $547.20
$36.15B
21.16
$517.34
$795,569.23
68.94M
75.22
$270.00 - $799.00
0.46
$513.24 - $528.12
Yes

What is Texas Pacific Land (TPL)?

Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.

The Texas Pacific Land (TPL) stock price has been rising

The Texas Pacific Land Corporation (TPL) stock price today is $524.29, reflecting a +2.30% move since the market opened. The company’s market capitalization stands at $36.15B, with a daily trading volume of $795.57K shares. For investors tracking price trends, Texas Pacific Land Corporation stock has ranged between $513.24 and $528.12 today. The previous closing price was $512.51.

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TPL FAQs

TPL is in the Energy sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

TPL is in the Oil & Gas E&P industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Texas Pacific Land Corporation (TPL) has traded between a low of $269.23 and a high of $547.20.

TPL is in the Oil & Gas industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

TPL’s payout ratio is 0.31. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

TPL’s trailing dividend yield is 0.41000000000000003. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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