TPL Texas Pacific Land Corp

  1. Stocks
  2. Energy
  3. NYSE: TPL

Price (delayed)

$407.2

Market cap

$28.09B

P/E Ratio

55.86

Dividend/share

$2.27

EPS

$7.29

Enterprise value

$27.85B

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Relative Growth: Rel. Growth: 88
Relative Strength: Rel. Strength: 54
Relative Valuation: Rel. Valuation: 15
Relative Profitability: Rel. Profitability: 97

Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas. The Corporation is not an oil ...

Highlights
The equity rose by 29% YoY and by 7% QoQ
Texas Pacific Land's gross profit has increased by 16% YoY and by 5% from the previous quarter
TPL's quick ratio is down by 46% YoY and by 2.6% from the previous quarter
The P/E is 38% more than the 5-year quarterly average of 40.6 and 10% more than the last 4 quarters average of 51.0
Sector: Energy
Industry: Oil & Gas E&P
Peers: PBT VNOM DMLP

Key stats

What are the main financial stats of TPL

TPL stock price

How has the Texas Pacific Land stock price performed over time
Intraday
-1.88%
1 week
4.13%
1 month
9.81%
1 year
13.96%
YTD
41.77%
QTD
-6.96%

Financial performance

How have Texas Pacific Land's revenue and profit performed over time
Revenue
$839.03M
Gross profit
$715.39M
Operating income
$624.42M
Net income
$503.63M
Gross margin
85.3%
Net margin
60%
Texas Pacific Land's gross profit has increased by 16% YoY and by 5% from the previous quarter
The revenue rose by 15% YoY and by 5% QoQ
The company's operating income rose by 13% YoY and by 5% QoQ
TPL's net income is up by 9% year-on-year and by 4.6% since the previous quarter

Price vs fundamentals

How does TPL's price correlate with its fundamentals

Growth

What is Texas Pacific Land's growth rate over time

Valuation

What is Texas Pacific Land stock price valuation
TPL P/E details
P/E
55.86
P/B
18.04
P/S
33.47
EV/EBIT
43.44
EV/EBITDA
39.46
EV/Sales
33.2
The P/E is 38% more than the 5-year quarterly average of 40.6 and 10% more than the last 4 quarters average of 51.0
TPL's EPS is up by 9% year-on-year and by 4.4% since the previous quarter
The equity rose by 29% YoY and by 7% QoQ
The stock's price to book (P/B) is 7% more than its 5-year quarterly average of 16.9 and 4.3% more than its last 4 quarters average of 17.3
The price to sales (P/S) is 30% higher than the 5-year quarterly average of 25.7 and 8% higher than the last 4 quarters average of 31.1
The revenue rose by 15% YoY and by 5% QoQ

Efficiency

How efficient is Texas Pacific Land business performance
TPL's ROIC is down by 39% year-on-year and by 9% since the previous quarter
The ROE has contracted by 11% YoY
TPL's return on assets is down by 11% year-on-year
TPL's return on sales is down by 5% year-on-year

Dividends

What is TPL's dividend history
Dividend details
DPS
$2.27
Dividend yield
0.56%
Payout ratio
31.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Texas Pacific Land financials performed over time
Texas Pacific Land's current ratio has decreased by 46% YoY and by 3.9% from the previous quarter
TPL's quick ratio is down by 46% YoY and by 2.6% from the previous quarter
TPL's debt is 99% lower than its equity
The equity rose by 29% YoY and by 7% QoQ
TPL's debt is down by 2% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.