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Texas Pacific Land (TPL)
NYSE:TPL
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Texas Pacific Land (TPL) Price & Analysis

1,374 Followers

TPL Stock Chart & Stats

$372.79
-$6.11(-1.44%)
At close: 4:00 PM EDT
$372.79
-$6.11(-1.44%)

Bulls Say, Bears Say

Bulls Say
Profitability And Cash GenerationTPL combines exceptionally high profitability with strong cash conversion, creating substantial internally generated funding. This supports investment in land, water and infrastructure opportunities while providing resilience and flexibility through normal commodity and operating cycles.
Royalty And Water GrowthGrowing royalty production and produced-water volumes expand revenue without requiring TPL to operate the underlying wells. This asset-light model can scale with third-party development and gives the company durable participation in Permian activity while limiting direct operating exposure.
Strategic Infrastructure ExpansionThe land acquisition and large pipeline of power and data-center opportunities broaden TPL beyond traditional royalties. If converted into agreements, these assets could create additional long-duration surface, water and infrastructure revenue streams across a larger addressable footprint.
Bears Say
Commodity-linked Earnings VolatilityTPL’s royalty and water activity remains tied to commodity prices, production and operator development decisions. That exposure can create uneven revenue and cash-flow performance across cycles, making sustained growth less predictable even when the underlying land position remains valuable.
Infrastructure Execution RiskThe planned infrastructure expansion has meaningful execution and timing dependencies before it can produce recurring revenue. Delays in diligence, contracting or construction could defer returns on invested capital and leave near-term growth reliant on the established royalty and water businesses.
Revenue Mix SensitivityDifferent water-related royalty applications generate different pricing, so changes in activity mix can reduce revenue per barrel even when aggregate volumes remain healthy. This creates a structural margin and revenue-composition risk as TPL expands its water platform.

Texas Pacific Land News

TPL FAQ

What was Texas Pacific Land’s price range in the past 12 months?
Texas Pacific Land lowest stock price was $269.23 and its highest was $547.20 in the past 12 months.
    What is Texas Pacific Land’s market cap?
    Texas Pacific Land’s market cap is $24.20B.
      When is Texas Pacific Land’s upcoming earnings report date?
      Texas Pacific Land’s upcoming earnings report date is Nov 04, 2026 which is in 15 days.
        How were Texas Pacific Land’s earnings last quarter?
        Texas Pacific Land released its earnings results on Aug 05, 2026. The company reported $2.23 earnings per share for the quarter, beating the consensus estimate of $2.183 by $0.047.
          Is Texas Pacific Land overvalued?
          According to Wall Street analysts Texas Pacific Land’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Texas Pacific Land pay dividends?
            Texas Pacific Land pays a Quarterly dividend of $0.6 which represents an annual dividend yield of 0.66%. See more information on Texas Pacific Land dividends here
              What is Texas Pacific Land’s EPS estimate?
              Texas Pacific Land’s EPS estimate is 2.33.
                How many shares outstanding does Texas Pacific Land have?
                Texas Pacific Land has 68,974,686 shares outstanding.
                  What happened to Texas Pacific Land’s price movement after its last earnings report?
                  Texas Pacific Land reported an EPS of $2.23 in its last earnings report, beating expectations of $2.183. Following the earnings report the stock price went down -6.871%.
                    Which hedge fund is a major shareholder of Texas Pacific Land?
                    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

                      Company Description

                      Texas Pacific Land

                      Texas Pacific Land Corporation (TPL) operates in two core business segments: land and resource management, and water services. Its Land and Resource Management division oversees a vast land portfolio, spanning nearly 880,000 acres. This segment also holds significant oil and gas royalty interests. These include perpetual non-participating royalty interests (NPRIs) covering approximately 85,000 acres (at a 1/128th rate) and about 371,000 acres (at a 1/16th rate). Furthermore, it possesses around 4,000 additional net royalty acres, primarily located in West Texas. The segment grants various easements and commercial leases for purposes such as oil, gas, and hydrocarbon infrastructure, power and utility lines, and subsurface wellbores. It also leases its land for facilities like processing, storage, and compression plants, as well as roads, and sells materials such as caliche. The Water Services and Operations division provides comprehensive water solutions to energy operators throughout the Permian Basin. Its services encompass water sourcing, the gathering and treatment of produced water, infrastructure development, disposal solutions, water tracking, analytics, and well testing. This segment also generates royalty income from water extracted from its own lands. Founded in 1888, Texas Pacific Land Corporation maintains its headquarters in Dallas, Texas.

                      Texas Pacific Land (TPL) Earnings & Revenues

                      TPL Company Deck

                      TPL Earnings Call

                      Q2 2026
                      0:00 / 0:00
                      Earnings Call Sentiment|Positive
                      The call emphasized multiple record financial metrics (revenue, adjusted EBITDA, free cash flow) and strong operational growth in royalty production and produced-water volumes, along with strategic milestones: a completed desalination facility, a significant land acquisition for data center/power expansion, and a large pipeline of potential data center/power projects (~25 GW). Challenges include a sequential decline in water sales volumes due to localized gas-price-driven activity shifts, a one-quarter dip in oil mix, paused buybacks while capital is redeployed to growth initiatives, and typical execution/timing uncertainty for large infrastructure and commercial agreements. On balance, the positive operational and financial momentum combined with tangible project progress outweigh the transitory and execution-related headwinds.View all TPL earnings summaries

                      TPL Revenue Breakdown

                      68.41%68.41%31.59%
                      68.41% Land and resource management
                      31.59% Water services and operations
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                      Ownership Overview

                      5.27%15.52%1.18%51.60%
                      1.18% Other Institutional Investors
                      51.60% Public Companies and Individual Investors
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