Texas Pacific Land Corporation (TPL) Stock Price & Analysis
Texas Pacific Land Corporation (TPL) closed at USD 346.52 on Thursday, October 15, 2026, down 2.27% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 354.57; the Oct 15, 2026 session ranged USD 343.06–356.9 on volume of 248,656 shares. Market capitalization is $23.90B, with a 52-week range of USD 269.23–547.2 (NYQ). Source: Nexqual, retrieved October 16, 2026 at 05:22 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TPL.md
Key facts (TPL)
- Last four reported quarters (through Jun 30, 2026): revenue $898M, net income $541M (60.3% margin) (SEC filings).
- Valuation: P/E 44.1x (avg 42.4x at the last 3 fiscal year-ends).
- Analysts: Hold (mean 3.00 on a 1–5 scale) (2 analysts), mean target USD 443 (range 247–639).
- Total return with dividends: 1Y +11.5% vs S&P 500 +18.1%; 5Y +170.8% vs S&P 500 +85.1%.
- Next earnings: 2026-11-04, EPS estimate USD 2.33, revenue estimate $257M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TPL)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $451M | $667M | $632M | $706M | $798M | $898M |
| Operating income | $362M | $562M | $486M | $539M | $592M | $672M |
| Net income | $270M | $446M | $406M | $454M | $481M | $541M |
| EPS (diluted) | $3.87 | $6.42 | $5.86 | $6.57 | $6.97 | — |
| Free cash flow | $249M | $428M | — | — | — | — |
| Operating margin | 80.4% | 84.3% | 77.0% | 76.4% | 74.2% | 74.9% |
| Net margin | 59.9% | 66.9% | 64.2% | 64.3% | 60.3% | 60.3% |
| Revenue growth | +49.0% | +48.0% | -5.4% | +11.8% | +13.1% | — |
| Cash + short-term investments | $428M | $511M | $725M | $370M | $145M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TPL)
P/E 44.1x · P/S 26.6x · P/B 14.3x · Earnings yield 2.27% · Dividend yield (paid, TTM) 0.66% · Buyback yield (TTM) 0.03%
P/E at fiscal year-ends: Dec 2025 41.2x, Dec 2024 56.1x, Dec 2023 29.8x.
Analysts (TPL)
Consensus Hold (mean 3.00 on a 1–5 scale), 2 analysts; mean target USD 443 (low 247, high 639).
Total return (dividends reinvested) (TPL)
| 1Y (from 2025-10-16) | 5Y (from 2021-10-11) | |
|---|---|---|
| Total return | +11.5% | +170.8% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | +11.5% | +22.0% |
| Volatility (annualized) | 48.8% | 46.3% |
| Max drawdown | -39.5% (Mar 2026→Sep 2026) | -52.3% (Nov 2022→Jun 2023) |
Key Statistics (as of October 16, 2026 at 05:22 UTC)
| Price | USD 346.52 |
|---|---|
| Change | ▼ 2.27% (down) |
| Previous Close | USD 354.57 |
| Open | USD 355.58 |
| Day Range | USD 343.06 – 356.9 |
| 52-Week Range | USD 269.23 – 547.2 |
| Volume | 248,656 shares |
| Market Cap | $23.90B |
| Exchange | NYQ |
Technical Analysis (TPL)
Nexqual's technical model rates TPL "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 16, 2026 at 05:22 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 46.57 (neutral) |
| vs SMA50 | Below (USD 357.71) |
| MACD | -1.03 (negative) |
Analyst Ratings (TPL)
Wall Street analysts rate TPL "Hold" based on 2 analysts, with a mean price target of USD 443 (range USD 247–639), per Nexqual as of October 16, 2026 at 05:22 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 2 |
| Mean Target | USD 443 |
| High Target | USD 639 |
| Low Target | USD 247 |
| Buy / Hold / Sell | 1 / 0 / 1 |
Earnings (TPL)
| Next Earnings Date | 2026-11-04 |
|---|---|
| Revenue Estimate | $257.00M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 2.23 vs est 2.18 ▲ beat |
| 2026-03-31 | USD 2.07 vs est 2.02 ▲ beat |
| 2025-12-31 | USD 1.79 vs est 3.6 ▼ miss |
| 2025-09-30 | USD 1.76 vs est 1.92 ▼ miss |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Financials & Fundamentals (TPL)
| Total Revenue | $897.54M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +31.20% |
| Gross Margin | +93.34% |
| Operating Margin | +78.18% |
| Profit Margin | +60.32% |
| ROE | +36.57% |
| Debt / Equity | 0.01 |
| Current Ratio | 4.55 |
| Total Cash | $248.61M |
| Total Debt | $18.02M |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Financial Health Score (TPL)
Nexqual rates Texas Pacific Land Corporation's overall financial health "Strong" across five dimensions, as of October 16, 2026 at 05:22 UTC.
| Growth | Strong — Revenue +31% YoY (latest Q) |
|---|---|
| Profitability | Strong — Gross margin 93%, operating 78% |
| Balance Sheet | Strong — $249M cash vs $18M debt, net cash position |
| Cash Flow | Solid — Operating cash flow $546M (FY ended Dec 2025, 10-K) |
| Efficiency | Strong — ROE 37%, ROA 25.8% |
Ownership (TPL)
| Insider Ownership | +0.40% |
|---|---|
| Institutional Ownership | +74.44% |
| Shares Outstanding | 68.97M |
| Float | 58.87M |
| Short % of Float | +8.94% |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Leadership (TPL)
Texas Pacific Land Corporation is led by Tyler Glover (age 40), President, CEO & Trustee, per Nexqual as of October 16, 2026 at 05:22 UTC.
| President, CEO & Trustee | Tyler Glover (age 40) |
|---|---|
| Chief Financial Officer | Chris Steddum (age 44) |
| Vice President of Finance & Investor Relations | Shawn Amini |
| Executive Vice President of Texas Pacific Water Resources LLC | Robert A. Crain (age 46) |
| Senior Vice President of Business Development | Jeremy Smith |
Major Backers & Investors (TPL)
Notable institutional backers of Texas Pacific Land Corporation include Horizon Kinetics Asset Management LLC, Kinetics Portfolios Trust-Kinetics Paradigm Portfolio, SELECT SECTOR SPDR TRUST-State Street Energy Select Sector SPDR ETF, according to Nexqual as of October 16, 2026 at 05:22 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Horizon Kinetics Asset Management LLC | 14.21% |
| Kinetics Portfolios Trust-Kinetics Paradigm Portfolio | 3.7% |
| SELECT SECTOR SPDR TRUST-State Street Energy Select Sector SPDR ETF | 1.77% |
| First Manhattan Co. LLC | 1.54% |
| SoftVest Advisors, LLC | 1.54% |
| Morgan Stanley | 1.41% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 16.91% |
| BlackRock | 8.8% |
| State Street | 6.8% |
| Geode Capital | 2.39% |
Source: Nexqual, October 16, 2026 at 05:22 UTC.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| EXE | Expand Energy Corporation | USD 90.8 | ▼ 1.7% |
| PR | Permian Resources Corporation | USD 23.61 | ▼ 2.68% |
| OVV | Ovintiv Inc. (DE) | USD 66.13 | ▼ 0.8% |
| EQT | EQT Corporation | USD 52.45 | ▼ 3.64% |
| APA | APA Corporation | USD 47.23 | ▼ 1.62% |
| AR | Antero Resources Corporation | USD 36.44 | ▼ 2.93% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 16, 2026 at 05:22 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt