S&P 500 7,420.10 â–ŧ 91.25 (-1.21%) DOW 51,492.55 â–ŧ 507.12 (-0.98%) NASDAQ 26,021.66 â–ŧ 354.69 (-1.34%) US Markets Closed â€ĸ 07:29 AM ET

TPL

Texas Pacific Land Corporation

Price Chart
Latest Quote

$354.48

-1.87 (-0.52%)
Current Price
Previous Close $356.35
Open $357.01
Day High $361.99
Day Low $352.00
Volume 335,330
Fetched: 2026-06-18T11:29:47
Stock Information
Quarterly Dividend / Yield $2.40 / 0.67%
Shares Outstanding 68.97M
Quarterly Dividend Yield 0.67%
Quarterly Dividend $2.40
Total Debt $17.99M
Cash Equivalents $247.57M
Revenue $839.03M
Net Income $503.63M
Sector Energy
Industry Oil & Gas E&P
Market Cap $24.45B
P/E Ratio 48.49
EPS (TTM) $7.31
Exchange NYQ
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📊 Comprehensive Analysis
Company Data
Enterprise Value$24.35B
Sales$839.03M
Income$503.63M
Book/sh$22.56
Cash/sh$3.59
Employees114
Financial Ratios
Quick Ratio4.16
Current Ratio4.23
Debt/Eq1.16
EPS Growth TTM18.40%
Returns & Margins
ROA25.19%
ROE36.47%
Gross Margin93.24%
Operating Margin77.22%
Profit Margin60.02%
Ownership
Insider Ownership0.17%
Institutional Ownership74.79%
Insider & Institutional transactions data not available
Valuation Ratios
Forward P/E4.85
PEG7.33
P/S29.14
P/B15.71
Analyst Data
Recommendationhold
Target Price$445.00
Technical Indicators
SMA20$385.78
SMA50$404.47
SMA200$370.23
RSI35.06
ATR18.2368
Shares Float58.56M
Short Float9.50%
Short Ratio10.47
Volatility0.61
Rel Volume0.76
Performance History
Week-5.52%
Month-8.17%
Quarter-33.02%
6 Months+26.99%
YTD+19.28%
Year-2.10%
3 Years+144.33%
5 Years+127.06%
10 Years+2018.62%
Stock Score: ⭐ Premium
Based on debt, profitability, growth, and cash flow metrics
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Recent Price History
Date Close Volume
2026-06-17 $354.48 335,300
2026-06-16 $356.35 360,500
2026-06-15 $362.78 440,600
2026-06-12 $378.91 341,500
2026-06-11 $369.55 499,100
2026-06-10 $375.18 376,100
2026-06-09 $382.11 368,600
2026-06-08 $396.14 270,000
2026-06-05 $389.79 291,100
2026-06-04 $406.73 421,900
2026-06-03 $406.76 485,500
2026-06-02 $370.82 456,400
2026-06-01 $368.23 519,300
2026-05-29 $392.40 1,342,900
2026-05-28 $400.71 365,500
2026-05-27 $405.47 438,300
2026-05-26 $399.48 368,600
2026-05-22 $401.42 288,300
2026-05-21 $396.37 315,400
2026-05-20 $401.92 557,300
2026-05-19 $393.97 313,800
2026-05-18 $386.02 239,900
About Texas Pacific Land Corporation

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.

Period:
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Income Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Revenue
Reconciled Cost Of Revenue $116,061,000 $71,286,000 $48,323,000 $32,839,000
Cost Of Revenue $116,061,000 $71,286,000 $48,323,000 $32,839,000
Total Revenue $798,190,000 $705,823,000 $631,595,000 $667,422,000
Operating Revenue $798,190,000 $705,823,000 $631,595,000 $667,422,000
Expenses
Interest Expense $690,000 - - -
Total Expenses $206,029,000 $166,685,000 $145,542,000 $105,115,000
Other Income Expense $888,000 $7,543,000 $2,878,000 $341,000
Other Non Operating Income Expenses $888,000 $7,543,000 $2,878,000 $341,000
Net Non Operating Interest Income Expense $17,280,000 $32,140,000 $28,630,000 $6,207,000
Interest Expense Non Operating $690,000 - - -
Operating Expense $89,968,000 $95,399,000 $97,219,000 $72,276,000
General And Administrative Expense $81,705,000 $88,104,000 $89,834,000 $63,422,000
Income & Earnings
Net Income From Continuing Operation Net Minority Interest $481,376,000 $453,960,000 $405,645,000 $446,362,000
Net Interest Income $17,280,000 $32,140,000 $28,630,000 $6,207,000
Interest Income $17,970,000 $32,140,000 $28,630,000 $6,207,000
Normalized Income $481,376,000 $453,960,000 $405,645,000 $446,362,000
Net Income From Continuing And Discontinued Operation $481,376,000 $453,960,000 $405,645,000 $446,362,000
Total Operating Income As Reported $592,161,000 $539,138,000 $486,053,000 $562,307,000
Net Income Common Stockholders $481,376,000 $453,960,000 $405,645,000 $446,362,000
Net Income $481,376,000 $453,960,000 $405,645,000 $446,362,000
Net Income Including Noncontrolling Interests $481,376,000 $453,960,000 $405,645,000 $446,362,000
Net Income Continuous Operations $481,376,000 $453,960,000 $405,645,000 $446,362,000
Pretax Income $610,329,000 $578,821,000 $517,561,000 $568,855,000
Interest Income Non Operating $17,970,000 $32,140,000 $28,630,000 $6,207,000
Operating Income $592,161,000 $539,138,000 $486,053,000 $562,307,000
Gross Profit $682,129,000 $634,537,000 $583,272,000 $634,583,000
Per Share
Diluted EPS $6.97 $6.57 $5.86 $6.42
Basic EPS $6.98 $6.58 $5.87 $6.42
Other
Tax Effect Of Unusual Items $0 $0 $0 $0
Tax Rate For Calcs $0 $0 $0 $0
Normalized EBITDA (Bullshit earnings) $673,552,000 $564,300,000 $500,810,000 $577,683,000
Reconciled Depreciation $62,533,000 $25,162,000 $14,757,000 $15,376,000
EBITDA (Bullshit earnings) $673,552,000 $564,300,000 $500,810,000 $577,683,000
EBIT $611,019,000 $539,138,000 $486,053,000 $562,307,000
Diluted Average Shares $69,027,492 $69,059,253 $69,179,535 $69,541,281
Basic Average Shares $68,949,240 $68,958,591 $69,132,915 $69,497,613
Diluted NI Availto Com Stockholders $481,376,000 $453,960,000 $405,645,000 $446,362,000
Tax Provision $128,953,000 $124,861,000 $111,916,000 $122,493,000
Other Taxes $8,263,000 $7,295,000 $7,385,000 $8,854,000
Selling General And Administration $81,705,000 $88,104,000 $89,834,000 $63,422,000
Other Gand A $23,780,000 $34,483,000 $46,450,000 $22,020,000
Salaries And Wages $57,925,000 $53,621,000 $43,384,000 $41,402,000
Fetched: 2026-06-09
Balance Sheet (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Assets
Net Tangible Assets $1,426,061,000 $1,097,277,000 $1,022,171,000 $772,887,000
Total Assets $1,623,278,000 $1,248,020,000 $1,156,398,000 $877,427,000
Total Non Current Assets $1,303,958,000 $744,651,000 $293,934,000 $244,026,000
Other Non Current Assets $23,738,000 $10,143,000 $4,828,000 $1,294,000
Goodwill And Other Intangible Assets $32,846,000 $35,188,000 $21,025,000 $0
Other Intangible Assets $32,846,000 $35,188,000 $21,025,000 -
Current Assets $319,320,000 $503,369,000 $862,464,000 $633,401,000
Other Current Assets $5,295,000 $5,318,000 $2,944,000 $7,427,000
Restricted Cash $595,000 $1,546,000 $5,380,000 $6,348,000
Prepaid Assets $3,716,000 $0 $0 $4,809,000
Receivables $164,905,000 $126,670,000 $128,971,000 $103,983,000
Accounts Receivable $164,905,000 $126,670,000 $128,971,000 $103,983,000
Cash Cash Equivalents And Short Term Investments $144,809,000 $369,835,000 $725,169,000 $510,834,000
Cash And Cash Equivalents $144,809,000 $369,835,000 $725,169,000 $510,834,000
Inventory - - - $109,704,000
Debt
Total Debt $16,175,000 $453,000 $1,170,000 $1,955,000
Long Term Debt And Capital Lease Obligation $16,175,000 $453,000 $1,170,000 $1,955,000
Liabilities
Total Liabilities Net Minority Interest $164,371,000 $115,555,000 $113,202,000 $104,540,000
Total Non Current Liabilities Net Minority Interest $90,802,000 $55,155,000 $50,139,000 $47,725,000
Non Current Deferred Liabilities $74,214,000 $54,198,000 $48,695,000 $45,639,000
Non Current Deferred Taxes Liabilities $54,107,000 $47,401,000 $42,365,000 $41,151,000
Current Liabilities $73,569,000 $60,400,000 $63,063,000 $56,815,000
Current Deferred Liabilities $21,072,000 $20,636,000 $25,006,000 $21,708,000
Payables And Accrued Expenses $52,497,000 $39,764,000 $38,057,000 $35,107,000
Payables $52,497,000 $39,764,000 $38,057,000 $35,107,000
Total Tax Payable $12,919,000 $12,806,000 $15,556,000 $11,664,000
Income Tax Payable $4,007,000 $4,388,000 $4,795,000 $3,167,000
Accounts Payable $39,578,000 $26,958,000 $22,501,000 $23,443,000
Equity
Common Stock Equity $1,458,907,000 $1,132,465,000 $1,043,196,000 $772,887,000
Total Equity Gross Minority Interest $1,458,907,000 $1,132,465,000 $1,043,196,000 $772,887,000
Stockholders Equity $1,458,907,000 $1,132,465,000 $1,043,196,000 $772,887,000
Gains Losses Not Affecting Retained Earnings $4,150,000 $3,583,000 $1,831,000 $2,516,000
Other Equity Adjustments $4,150,000 $3,583,000 $1,831,000 $2,516,000
Retained Earnings $1,595,402,000 $1,277,594,000 $1,171,672,000 $866,139,000
Long Term Equity Investment $50,000,000 $0 - -
Other
Treasury Shares Number $319,998 $342,819 $782,361 $544,293
Ordinary Shares Number $68,938,230 $68,915,409 $69,023,043 $69,261,111
Share Issued $69,258,228 $69,258,228 $69,805,404 $69,805,404
Tangible Book Value $1,426,061,000 $1,097,277,000 $1,022,171,000 $772,887,000
Invested Capital $1,458,907,000 $1,132,465,000 $1,043,196,000 $772,887,000
Working Capital $245,751,000 $442,969,000 $799,401,000 $576,586,000
Capital Lease Obligations $16,175,000 $453,000 $1,170,000 $1,955,000
Total Capitalization $1,458,907,000 $1,132,465,000 $1,043,196,000 $772,887,000
Treasury Stock $151,242,000 $168,843,000 $144,998,000 $104,139,000
Additional Paid In Capital $9,906,000 $19,900,000 $14,613,000 $8,293,000
Capital Stock $691,000 $231,000 $78,000 $78,000
Common Stock $691,000 $231,000 $78,000 $78,000
Preferred Stock $0 $0 $0 $0
Non Current Accrued Expenses $413,000 $504,000 $274,000 $131,000
Non Current Deferred Revenue $20,107,000 $6,797,000 $6,330,000 $4,488,000
Long Term Capital Lease Obligation $16,175,000 $453,000 $1,170,000 $1,955,000
Current Deferred Revenue $21,072,000 $20,636,000 $25,006,000 $21,708,000
Investments And Advances $50,000,000 $0 - -
Investment Properties $179,129,000 $143,178,000 $130,024,000 $109,704,000
Net PPE $1,018,245,000 $556,142,000 $138,057,000 $133,028,000
Accumulated Depreciation $-124,217,000 $-70,477,000 $-62,037,000 $-52,907,000
Gross PPE $1,142,462,000 $626,619,000 $200,094,000 $185,935,000
Other Properties $232,938,000 $169,616,000 $138,799,000 $128,289,000
Machinery Furniture Equipment $12,087,000 $9,932,000 $9,801,000 $9,718,000
Properties $897,437,000 $447,071,000 $51,494,000 $47,928,000
Finished Goods - - - $109,704,000
Fetched: 2026-06-09
Cash Flow Statement (Annual)
Metric 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Free Cash Flow
Free Cash Flow $32,135,000 $65,399,000 $378,291,000 $426,275,000
Operating Activities
Operating Cash Flow $545,910,000 $490,672,000 $418,288,000 $447,149,000
Cash Flow From Continuing Operating Activities $545,910,000 $490,672,000 $418,288,000 $447,149,000
Operating Gains Losses - $-4,616,000 - -
Investing Activities
Capital Expenditure $-513,775,000 $-425,273,000 $-39,997,000 $-20,874,000
Investing Cash Flow $-595,848,000 $-471,749,000 $-60,312,000 $-21,401,000
Cash Flow From Continuing Investing Activities $-595,848,000 $-471,749,000 $-60,312,000 $-21,401,000
Financing Activities
Repurchase Of Capital Stock $-8,380,000 $-29,159,000 $-42,573,000 $-87,765,000
Financing Cash Flow $-176,039,000 $-378,091,000 $-144,609,000 $-336,808,000
Cash Flow From Continuing Financing Activities $-176,039,000 $-378,091,000 $-144,609,000 $-336,808,000
Net Other Financing Charges $-19,861,000 $-1,623,000 $-2,064,000 $-1,762,000
Cash Dividends Paid $-147,798,000 $-347,309,000 $-99,972,000 $-247,281,000
Common Stock Dividend Paid $-147,798,000 $-347,309,000 $-99,972,000 $-247,281,000
Net Common Stock Issuance $-8,380,000 $-29,159,000 $-42,573,000 $-87,765,000
Other
Income Tax Paid Supplemental Data $126,955,000 $120,669,000 $104,079,000 $151,956,000
End Cash Position $145,404,000 $371,381,000 $730,549,000 $517,182,000
Beginning Cash Position $371,381,000 $730,549,000 $517,182,000 $428,242,000
Changes In Cash $-225,977,000 $-359,168,000 $213,367,000 $88,940,000
Common Stock Payments $-8,380,000 $-29,159,000 $-42,573,000 $-87,765,000
Net Investment Properties Purchase And Sale $-35,951,000 $-1,476,000 $-20,320,000 $-633,000
Purchase Of Investment Properties $-35,951,000 $-1,476,000 $-20,320,000 $-633,000
Net Business Purchase And Sale $-46,122,000 $-45,000,000 $0 $0
Sale Of Business $3,878,000 $0 $0 -
Purchase Of Business $-50,000,000 $-45,000,000 $0 $0
Net Intangibles Purchase And Sale $0 $0 $-21,403,000 $0
Purchase Of Intangibles $0 $0 $-21,403,000 $0
Net PPE Purchase And Sale $-513,775,000 $-425,273,000 $-18,589,000 $-20,768,000
Sale Of PPE $0 $0 $5,000 $106,000
Purchase Of PPE $-513,775,000 $-425,273,000 $-18,594,000 $-20,874,000
Change In Working Capital $-19,896,000 $-936,000 $-13,856,000 $-24,284,000
Change In Other Working Capital $13,746,000 $-3,903,000 $5,140,000 $1,938,000
Change In Other Current Liabilities $22,894,000 $6,327,000 $-3,240,000 $10,015,000
Change In Payables And Accrued Expense $113,000 $-2,750,000 $3,892,000 $-17,595,000
Change In Payable $113,000 $-2,750,000 $3,892,000 $-17,595,000
Change In Tax Payable $113,000 $-2,750,000 $3,892,000 $-17,595,000
Change In Income Tax Payable $113,000 $-2,750,000 $3,892,000 $-17,595,000
Change In Prepaid Assets $-3,716,000 $0 $4,809,000 $-4,809,000
Change In Receivables $-52,933,000 $-610,000 $-24,457,000 $-13,833,000
Other Non Cash Items $211,000 - - -
Stock Based Compensation $15,131,000 $12,498,000 $10,343,000 $8,432,000
Deferred Tax $6,555,000 $4,604,000 $1,399,000 $1,263,000
Deferred Income Tax $6,555,000 $4,604,000 $1,399,000 $1,263,000
Depreciation Amortization Depletion $62,533,000 $25,162,000 $14,757,000 $15,376,000
Pension And Employee Benefit Expense $0 $-4,616,000 $0 $0
Net Income From Continuing Operations $481,376,000 $453,960,000 $405,645,000 $446,362,000
Changes In Account Receivables - - - $-13,833,000
Fetched: 2026-06-09