Texas Pacific Land Corp TPL
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Texas Pacific Land Corporation Acquires Permian Mineral Interests and Surface Acreage in Cash Transactions
-
Texas Pacific Land Corporation Announces Second Quarter Results and Another Record Performance From Water Segment
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Texas Pacific Land Corporation Sets Dates for Second Quarter 2024 Earnings Release and Conference Call
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Texas Pacific Land, Altair Engineering Hit 52-Week Highs on S&P MidCap 400 Inclusion
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Occidental to pay $12 billion to buy private Permian Basin company CrownRock
Trading Information
- Previous Close Price
- $873.90
- Day Range
- $876.71–895.12
- 52-Week Range
- $467.62–959.50
- Bid/Ask
- $698.83 / $1,111.88
- Market Cap
- $20.38 Bil
- Volume/Avg
- 62,941 / 97,758
Key Statistics
- Price/Earnings (Normalized)
- 45.72
- Price/Sales
- 30.44
- Dividend Yield (Trailing)
- 0.52%
- Dividend Yield (Forward)
- 0.53%
- Total Yield
- 0.68%
Company Profile
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. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
- Sector
- Energy
- Industry
- Oil & Gas E&P
- Stock Style Box
- Mid Growth
- Total Number of Employees
- 100
- Website
- https://www.texaspacific.com
Comparables
Valuation
|
Metric
|
TPL
|
LB
|
REPX
|
|---|---|---|---|
Price/Earnings (Normalized) | 45.72 | — | 4.59 |
Price/Book Value | 16.90 | 2.34 | 1.19 |
Price/Sales | 30.44 | 5.76 | 1.31 |
Price/Cash Flow | 42.83 | 10.46 | 2.32 |
Price/Earnings
TPL
LB
REPX
Financial Strength
|
Metric
|
TPL
|
LB
|
REPX
|
|---|---|---|---|
Quick Ratio | 17.10 | 0.81 | 0.54 |
Current Ratio | 17.16 | 0.82 | 0.63 |
Interest Coverage | — | 0.19 | 4.69 |
Quick Ratio
TPL
LB
REPX
Profitability
|
Metric
|
TPL
|
LB
|
REPX
|
|---|---|---|---|
Return on Assets (Normalized) | 39.26% | 5.02% | 13.34% |
Return on Equity (Normalized) | 43.68% | 14.62% | 30.12% |
Return on Invested Capital (Normalized) | 43.67% | 11.48% | 19.51% |
Return on Assets
TPL
LB
REPX
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1-Day Chart
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United States