Texas Pacific Land Corporation (TPL)

In the past six months, Texas Pacific Land Corp.'s stock price increased by 22.42% from July 19, 2024, to July 18, 2025, but recently fell by 4.52% compared to the previous week and 7.70% over the last month. Key corporate events include the announcement of Fourth Quarter and Full Year 2024 results on February 19, 2025, reporting record free cash flow, increased oil and gas royalty production, and higher water sales volumes, as well as the announcement of First Quarter 2025 results on May 7, 2025, and the setting of dates for the Second Quarter 2025 earnings release and conference call for July 11, 2025. There have also been reports of insider selling of TPL stock.

Texas Pacific Land Corp. benefits from seasonality tailwinds in its business, with its core businesses linked to the oil and gas industry and water demand in the Permian Basin. Oil and gas production exhibits seasonal variations, and TPL's water sales are influenced by drilling activity. Water demand is highest from June through August, coinciding with the peak growing season.

Texas Pacific Land Corp. operates as a publicly traded real estate company and is a major landowner in Texas, generating revenue through royalty interests in oil and gas development. Its main segments include Land and Resource Management, managing land and royalty acres with revenue from royalties, easements, leases, renewables, and land sales, and Water Services and Operations, providing water solutions to operators in the Permian Basin through its subsidiary, TPWR. The company is also exploring opportunities in renewable energy, environmental sustainability, and technology.

TPL's geographic footprint is concentrated in West Texas and southern New Mexico, owning approximately 873,000 to 900,000 acres of land in 20 to 22 counties. A significant portion of its landholdings and operations are centered in the Permian Basin.

Texas Pacific Land Corp. has emphasized its commitment to sustainability and ESG objectives, highlighting its responsible management of assets and efforts to operate with environmental awareness, social due diligence, and strong governance practices. TPL's ESG disclosure is aligned with leading sustainability frameworks such as SASB and GRI. Sustainalytics assessed TPL with a "Low" ESG Risk Rating of 14.12, and its highest controversy level was rated as "None".

Texas Pacific Land Corp. has a diverse ownership structure, with institutional investors holding a significant majority of the company's shares. As of March 31, 2025, institutional ownership accounted for 70.95% of the company's shares. Major institutional owners include Horizon Kinetics Asset Management LLC, Vanguard Group Inc, BlackRock, Inc., State Street Corp, and Geode Capital Management, Llc. The largest individual shareholder is Murray Stahl, who owns 13.51% of the company.