Texas Pacific Land Corporation (TPL) Stock Price, Fundamentals & Analysis

What TPL does

Texas Pacific Land Corporation (TPL) operates in the land and resource management, and water services and operations businesses. The Land and Resource Management segment manages surface acres and oil and gas royalty interests in the Permian Basin, including easements for transporting oil, gas, and related hydrocarbons, as well as leasing land for processing, storage, and compression facilities. The Water Services and Operations segment provides full-service water offerings, including sourcing, produced-water treatment, infrastructure development, and disposal solutions, while also holding produced water royalties. TPL owns a 1/128th nonparticipating perpetual oil and gas royalty interest under approximately 85,000 acres, a 1/16th NPRI under approximately 371,000 acres, and approximately 33,000 additional net royalty acres, totaling roughly 224,000 NRA in the Permian Basin.

Key numbers explained

• 335.74 USD is the current share price, the amount an investor pays for one share on the market.
• The trailing P/E ratio of 42.8 compares the share price to the last twelve months of earnings per share (7.85 USD), showing how much the market is willing to pay for each dollar of recent earnings.
• The forward P/E ratio of 4.6 uses expected future earnings, which can look much lower than the trailing P/E if the market anticipates a significant rise in profits.
• Dividend yield of 0.68% indicates the annual dividend payment as a percentage of the share price; the ex-dividend date is 1 Sept. 2026, and 29% of trailing twelve-month earnings are paid out as dividends.
• Beta of 0.62 suggests TPL has historically been less volatile than the overall market, a typical trait for established royalty-style companies.
• Market capitalisation of 23.16 mld. USD places TPL among large-cap stocks, and it is part of the S&P 500.
• Revenue growth of 31.2% year over year and a profit margin of 60.3% highlight strong top-line expansion and high profitability relative to sales.

Recent news

Recent headlines include pieces on energy stocks with strong fundamentals and those with perceived risk, as well as articles noting that retail investors are screening oil stocks amid returning crude price risk. Other titles reference a drop in TPL's price and attention around it, a possible rich valuation after a Jim Cramer spotlight, and a broader roundup of Permian Basin and oil peers that saw sharp share moves.

What to watch

Investors typically monitor commodity price cycles, as royalty and E&P companies can be sensitive to oil and gas price swings. Regulatory and permitting developments in the Permian Basin, water availability and infrastructure, and broader energy transition policies can affect demand for TPL's services. Earnings reports, such as the upcoming release on 4 Nov. 2026, and changes in capital allocation or dividend policy are also common focus areas. Peers like Valero Energy (VLO), Chevron Corporation (CVX), Schlumberger (SLB), Devon Energy (DVN), Diamondback Energy (FANG), and Marathon Petroleum (MPC) offer context for comparing business models and market sentiment.