TPL: Texas Pacific Land Corp.
About
Texas Pacific Land Corp. operates as a landowner in the State of Texas. Its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of the firm's land, revenue for sales of materials used in the construction of infrastructure, providing sourced water and treated produced water, revenue from its oil and gas royalty interests, and revenues related to saltwater disposal on land. The firm also generates revenue from pipeline, power line and utility easements, commercial leases, material sales and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities. It operates through the Land and Resource Management and Water Services and Operations segment. The Land and Resource Management segment focuses on managing oil and gas royalty interest and surface. The Water Services and Operations segment refers to the full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC, a single member Texas limited liability company owned by the company. The company was founded in 1871 and is headquartered in Dallas, TX.
Current Value
$1,414.491 Year Return
Current Value
$1,414.491 Year Return
Key Details
Market Cap
$32.63B
P/E Ratio
72.86
1Y Stock Return
163.13%
1Y Revenue Growth
11.18%
Dividend Yield
0.83%
Price to Book
31.0
Strategies that include TPL
Stock's related to TPL
Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| WHD | 61.59% | $4.35B | +56.25% | 0.75% |
| MGY | 58.49% | $5.36B | +26.87% | 1.90% |
| MTDR | 56.16% | $7.21B | -1.21% | 1.47% |
| NOG | 54.91% | $4.10B | +9.43% | 3.97% |
| SM | 54.35% | $5.02B | +16.26% | 1.68% |
| MUR | 52.87% | $4.74B | -23.99% | 3.70% |
| STR | 51.69% | $1.93B | +11.64% | 8.13% |
| TALO | 51.21% | $1.98B | -20.99% | 0.00% |
| OVV | 50.79% | $11.61B | -0.16% | 2.69% |
| HAL | 50.10% | $26.77B | -20.26% | 2.20% |
| VAL | 49.64% | $3.30B | -30.96% | 0.00% |
| CIVI | 49.46% | $4.91B | -21.31% | 3.94% |
| CTRA | 49.16% | $19.37B | -0.90% | 3.20% |
| PR | 48.95% | $10.64B | +15.08% | 3.02% |
| CHRD | 48.58% | $7.82B | -19.23% | 5.23% |
| PTEN | 48.55% | $3.16B | -31.96% | 3.93% |
| VNOM | 48.39% | $5.48B | +79.62% | 3.35% |
| OII | 48.00% | $2.78B | +32.07% | 0.00% |
| APA | 47.61% | $8.11B | -40.14% | 4.54% |
| VET | 47.28% | $1.57B | -21.53% | 3.35% |
Uncorrelated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| OLPX | 0.04% | $1.16B | -7.41% | 0.00% |
| GDRX | 0.04% | $1.62B | -24.15% | 0.00% |
| PRPH | -0.05% | $18.14M | -82.61% | 0.00% |
| JNPR | -0.05% | $11.61B | +30.55% | 2.49% |
| BCAN | 0.06% | $72.87M | -99.75% | 0.00% |
| GTLB | 0.08% | $9.77B | +31.98% | 0.00% |
| WDFC | -0.09% | $3.79B | +20.32% | 1.26% |
| ALNY | -0.12% | $30.22B | +43.13% | 0.00% |
| RYAAY | 0.15% | $24.60B | -2.90% | 0.00% |
| ACN | -0.15% | $221.17B | +7.17% | 1.52% |
| SANA | 0.17% | $526.91M | -41.15% | 0.00% |
| CERT | 0.20% | $1.59B | -31.48% | 0.00% |
| FTNT | 0.21% | $69.59B | +72.67% | 0.00% |
| SPRU | -0.21% | $42.41M | -31.94% | 0.00% |
| ACIU | -0.21% | $325.95M | +7.92% | 0.00% |
| ITOS | -0.22% | $288.62M | -19.06% | 0.00% |
| SMMT | -0.22% | $14.74B | +910.10% | 0.00% |
| KEP | 0.24% | $11.16B | +25.58% | 0.00% |
| MCD | -0.26% | $208.34B | +3.66% | 2.30% |
| ABT | -0.26% | $203.16B | +14.93% | 1.88% |
Inversely Correlated Stocks
| Name | Correlation | Market Cap | Return % (1 Year) | Div Yield % |
|---|---|---|---|---|
| QXO | -17.89% | $6.51B | -35.95% | 0.00% |
| CBOE | -14.81% | $21.46B | +15.84% | 1.11% |
| BGS | -14.47% | $503.48M | -32.20% | 12.01% |
| EYPT | -12.97% | $492.90M | +50.49% | 0.00% |
| PEP | -12.32% | $215.02B | -6.60% | 3.35% |
| CTMX | -11.63% | $69.86M | -31.59% | 0.00% |
| SJM | -11.04% | $11.91B | -0.25% | 3.82% |
| CASI | -10.44% | $71.56M | -6.32% | 0.00% |
| MNST | -10.17% | $52.25B | -1.95% | 0.00% |
| STG | -9.74% | $35.67M | +7.92% | 0.00% |
| CTRE | -9.02% | $5.82B | +36.14% | 3.72% |
| KDP | -8.96% | $42.76B | -1.22% | 2.77% |
| OXBR | -8.90% | $19.05M | +178.18% | 0.00% |
| ASPS | -8.78% | $22.36M | -80.26% | 0.00% |
| PFE | -8.66% | $142.24B | -17.16% | 6.73% |
| HAIN | -8.23% | $663.83M | -31.73% | 0.00% |
| PCVX | -7.84% | $10.85B | +71.55% | 0.00% |
| GAN | -7.36% | $83.39M | +21.19% | 0.00% |
| K | -7.34% | $27.77B | +52.50% | 2.79% |
| IRWD | -7.27% | $609.71M | -59.34% | 0.00% |
ETF's related to TPL
Uncorrelated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| SHV | 0.01% | $18.13B | 0.15% |
| IBDX | -0.01% | $861.20M | 0.1% |
| XBIL | -0.01% | $637.70M | 0.15% |
| IBTH | -0.10% | $1.08B | 0.07% |
| FBND | -0.11% | $15.84B | 0.36% |
| FTSD | 0.33% | $171.68M | 0.25% |
| BSCW | 0.34% | $635.46M | 0.1% |
| FLCB | -0.34% | $2.28B | 0.15% |
| VTC | 0.36% | $1.07B | 0.04% |
| GRNB | 0.37% | $107.41M | 0.2% |
| CORP | -0.37% | $1.25B | 0.23% |
| BGRN | 0.38% | $389.17M | 0.2% |
| SOYB | 0.44% | $27.32M | 0.22% |
| PYLD | 0.46% | $2.25B | 0.55% |
| KCCA | 0.48% | $220.51M | 0.87% |
| CGMU | 0.49% | $2.53B | 0.27% |
| FLCO | -0.49% | $545.75M | 0.35% |
| XMPT | -0.49% | $230.08M | 1.98% |
| IBDW | 0.54% | $1.18B | 0.1% |
| HTRB | -0.70% | $1.92B | 0.29% |
Inversely Correlated ETFs
| Name | Correlation | AUM | Expense Ratio |
|---|---|---|---|
| TAIL | -27.26% | $67.98M | 0.59% |
| BTAL | -24.52% | $388.04M | 1.43% |
| VIXY | -22.15% | $195.31M | 0.85% |
| SPTL | -11.39% | $10.33B | 0.03% |
| CGSM | -11.36% | $514.53M | 0.25% |
| DFNM | -11.31% | $1.40B | 0.17% |
| GOVZ | -10.95% | $313.00M | 0.1% |
| LGOV | -10.55% | $607.48M | 0.67% |
| EDV | -10.00% | $3.88B | 0.06% |
| VGLT | -9.92% | $12.70B | 0.04% |
| SCHQ | -9.85% | $762.08M | 0.03% |
| JUCY | -9.62% | $324.29M | 0.6% |
| UUP | -9.61% | $309.25M | 0.77% |
| ZROZ | -9.37% | $1.63B | 0.15% |
| CTA | -9.23% | $350.27M | 0.78% |
| TLT | -9.23% | $57.46B | 0.15% |
| USDU | -9.12% | $201.97M | 0.5% |
| WEAT | -9.06% | $120.27M | 0.28% |
| GOVI | -7.18% | $1.06B | 0.15% |
| DFSD | -6.96% | $3.63B | 0.16% |
News
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Texas Pacific Land Corporation ( NYSE:TPL ) just reported some strong earnings, and the market reacted accordingly with...
Disclaimer
Information on this page is obtained from our data provider, Xignite, an unaffiliated third party. Double believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate. We also show information based on calculations performed by Double using data from our provider. Double believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.