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. It operates its business in two reportable segments; Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.

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

As of December 19, 2025, TPL stock price climbed to $898.86 with 272,966 million shares trading.

TPL has a beta of 1.34, meaning it tends to be more sensitive to market movements. TPL has a correlation of 0.23 to the broad based SPY ETF.

TPL has a market cap of $20.66 billion. This is considered a Large Cap stock.

In the last 3 years, TPL traded as high as $1,769.14 and as low as $422.07.

TPL has underperformed the market in the last year with a price return of -17.4% while the SPY ETF gained +18.1%. However, in the short term, TPL had mixed performance relative to the market. It has outperformed in the last 3 months, returning +2.9% vs +2.8% return in SPY. But in the last 2 weeks, TPL shares have been beat by the market, returning -2.8% compared to an SPY return of -0.5%.

TPL support price is $868.54 and resistance is $922.28 (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.