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Texas Pacific Land Corporation (TPL)

331.68 +3.72 (+1.13%)
At close: October 30 at 4:00:02 PM EDT
331.68 0.00 (0.00%)
Overnight: 2:43:13 AM EST
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What's happening with TPL?

13m ago
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Texas Pacific Land is approaching its third-quarter 2026 earnings reportwith expectations for continued growth in oil-and-gas royalties and produced-water volumes. The main debate remains whether those growth drivers, plus emerging data-center opportunities, justify TPL’s premium valuation and exposure to commodity prices.

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  • Previous Close 327.96
  • Open 326.15
  • Bid --
  • Ask --
  • Day's Range 326.11 - 332.90
  • 52 Week Range 269.23 - 547.20
  • Volume 480,609
  • Avg. Volume 363,682
  • Market Cap (intraday) 22.878B
  • Beta (5Y Monthly) 0.58
  • PE Ratio (TTM) 42.31
  • EPS (TTM) 7.84
  • Earnings Date Nov 4, 2026
  • Forward Dividend & Yield 2.40 (0.72%)
  • 1y Target Est 443.00
  • Motley Fool Rating Bullish

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in Permian Basin. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties. The company owns 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 33,000 additional net royalty acres, total of approximately 224,000 NRA located in the Permian Basin. The company was founded in 1888 and is headquartered in Dallas, Texas.

www.texaspacific.com

114

Full Time Employees

December 31

Fiscal Year Ends

Energy

Sector

Oil & Gas E&P

Industry

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

TPL
15.97%
S&P 500 (^GSPC)
10.73%

1-Year Return

TPL
7.83%
S&P 500 (^GSPC)
11.11%

3-Year Return

TPL
67.94%
S&P 500 (^GSPC)
81.91%

5-Year Return

TPL
148.75%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share (GAAP)

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q2 FY26
Revenue 246.06M
Earnings 153.93M
Profit Margin 62.56%

Q2

FY25

Q4

FY25

Q1

FY26

Q2

FY26

0
50M
100M
150M
200M
0.0%
20.0%
40.0%
60.0%

Analyst Insights

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Analyst Price Targets

247.00 Low
443.00 Average
331.68 Current
639.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 2/23/2026
Analyst Keybanc
Rating Action Maintains
Rating Overweight
Price Action Raises
Price Target 350 -> 639

Statistics

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Valuation Measures

Annual
As of 10/30/2026
  • Market Cap

    22.88B

  • Enterprise Value

    22.64B

  • Trailing P/E

    42.31

  • Forward P/E

    --

  • PEG Ratio (current)

    1.88

  • Price/Sales (ttm)

    25.51

  • Price/Book (mrq)

    13.68

  • Enterprise Value/Revenue

    25.23

  • Enterprise Value/EBITDA

    30.53

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    60.32%

  • Return on Assets (ttm)

    25.81%

  • Return on Equity (ttm)

    36.57%

  • Revenue (ttm)

    897.54M

  • Net Income Avi to Common (ttm)

    541.42M

  • Diluted EPS (ttm)

    7.84

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    248.61M

  • Total Debt/Equity (mrq)

    1.08%

  • Levered Free Cash Flow (ttm)

    -32.84M

Compare

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Company Insights

Fair Value

331.68 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • Lowering target price to $363.00

    TEXAS PACIFIC LAND CORP has an Investment Rating of BUY; a target price of $363.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

  • Lowering target price to $376.00

    TEXAS PACIFIC LAND CORP has an Investment Rating of BUY; a target price of $376.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

  • Raising target price to $406.00

    TEXAS PACIFIC LAND CORP has an Investment Rating of BUY; a target price of $406.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of High; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

  • Raising target price to $391.00

    TEXAS PACIFIC LAND CORP has an Investment Rating of BUY; a target price of $391.000000; an Industry Subrating of High; a Management Subrating of High; a Safety Subrating of Medium; a Financial Strength Subrating of High; a Growth Subrating of High; and a Value Subrating of Medium.

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