NYSE · TPLFinancialsInvestment Trusts

Texas Pacific Land Corporation (TPL)

$272.18−5.38%
Close Nov 5, 2026 · split-adjusted
Nov 5, 2026$272.18▲ 166.54% in range
Nov 5, 2025Low $91.19 · High $539.79Nov 5, 2026
What changed · written from our data
As of Nov 5, 2026

Texas Pacific Land closed at $272.18 on Nov 5, down 5.38%, 49.6% below its 52-week closing high. Volume of 909.5K shares was 2.62× its 20-day average (well above normal).

Split-adjusted performance: -21.3% over one month, -31.8% over six months, +167.9% over one year.

In the quarter ended Jun 30, 2026, revenue was $246.06M, up 31.2% from a year earlier, with a net margin of 62.6%.

Short interest was 4.2M shares at the Oct 15 settlement (6.2% of float, 14.9 days to cover).

Market cap$18.77B69.0M shares
Revenue · quarter$246.1M+31.2% YoY
Diluted EPS$2.23+32.7% YoY
P/E · TTM34.7×P/S 20.9×
Net margin62.6%Gross 95.3%
Dividend yield0.88%$0.6 last paid
52-week range91.19 – 539.79−49.6% from high
Volume909.5K2.62× 20-day avg
Volatility · 60d46.9%Annualised
Short % of float6.2%15.0 days to cover
Net cash$248.6MCash $248.6M
Next earnings—Not scheduled
Split-adjusted performance
1W −17.0%1M −21.3%3M −20.1%6M −31.8%YTD −5.2%1Y +167.9%3Y +298.1%5Y +482.0%

Earnings reactions

History →

No reported quarters with price history yet.

Rank within Investment Trusts

Percentile among 10 companies (100 = best)

6-month momentum13
Revenue growth—
Net margin—
Value (low P/E)—
Size100

Industry medians: 6-month return −12.6%, revenue growth +24.0%, net margin 79.1%, P/E 29.0×.

Short interest

Details →
Shares short4.2M+0.1% vs prior
Days to cover15.0Settled Oct 15
% of float6.2%
Short vol. 10d67.2%of daily volume

Closest peers by size in Investment Trusts

CompanyPriceToday6MRev. growthNet marginP/EMkt cap
TPLTexas Pacific Land$272.18−5.38%−31.8%+31.2%62.6%34.7$18.77B
LBLandBridge$61.88−10.66%−3.3%+40.6%18.0%50.3$1.84BCompare
PBTPermian Basin Royalty Trust$28.490.00%+23.8%+34.6%93.1%47.4$1.33BCompare
SBRSabine Royalty Trust$65.86−2.60%−12.6%+16.7%96.1%13.4$960.2MCompare
EROKEagleRock Land, LLC$18.56−2.93%——−18.2%—$489.2MCompare
SJTSan Juan Basin Royalty Trust UBI$3.02−1.95%−27.9%———$140.8MCompare
CRTCross Timbers Royalty Trust$12.40−3.73%+17.3%−15.9%79.1%23.4$74.4MCompare
NRTNorth European Oil Royalty Trust$6.75−2.60%−16.9%———$62.0MCompare
MARPSMarine Petroleum Trust$4.26−4.13%−12.2%———$8.5MCompare

Quick answers

What does Texas Pacific Land do?
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.
What is TPL's market cap?
$18.77B, based on the Nov 5 close of $272.18.
What is TPL's P/E ratio?
34.7× trailing-twelve-month earnings of $541.42M.
Does Texas Pacific Land pay a dividend?
Yes. The latest regular dividend was $0.6 per share (ex-date Sep 1), an annualised yield of 0.88%.
How much of TPL is sold short?
4.2M shares, 6.2% of float, as of Oct 15, 2026.
What sector is TPL in?
Financials, in the Investment Trusts industry.

About Texas Pacific Land

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.

HQ: Dallas, TX114 employeesListed Jun 1, 1972texaspacific.com

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology