TPL Stock Summary and Trading Ideas (Texas Pacific Land | NYSE: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.

Texas Pacific Land trades on the NYSE stock market under the symbol TPL.

As of March 20, 2026, TPL stock price declined to $519.41 with 1,149,407 million shares trading.

TPL has a beta of 1.18, meaning it tends to be more sensitive to market movements. TPL has a correlation of 0.16 to the broad based SPY ETF.

TPL has a market cap of $35.81 billion. This is considered a Large Cap stock.

Last quarter Texas Pacific Land reported $212 million in Revenue and $1.79 earnings per share. This beat revenue expectation by $8 million and exceeded earnings estimates by $.02.

In the last 3 years, TPL traded as high as $589.71 and as low as $140.69.

TPL has underperformed the market in the last year with a return of +14.1%, while SPY returned +16.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in TPL shares. However, TPL has outperformed the market in the last 3 month and 2 week periods, returning +73.6% and -1.1%, while SPY returned -4.4% and -3.3%, respectively. This indicates TPL has been having a stronger performance recently.

TPL support price is $515.29 and resistance is $549.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TPL shares will trade within this expected range on the day.