Texas Pacific Land Corp
Texas Pacific Land Corp (TPL) is listed on NYSE and classified in Oil & Gas E&P, part of the Energy sector. It is headquartered in Dallas, United States and has 114 employees. The company is worth $23.01B and trades at 42.6x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $798.19M in fiscal 2025, up 13.1% from the year before. Net income was $481.38M. The share price is 39.0% below its 52-week high of $547.20. It pays a dividend yielding 0.72%, and has raised its annual dividend for 11 years in a row in our records. 4 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Cliff Asness (AQR Capital Management), at $123.67M. In that quarter, 3 of them opened or added to the position and 1 reduced it. Over the last 30 days, company insiders bought $2.74K of its stock on the open market and sold none.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +161.3% over 5Y.
today you would have $2,631.76▲ +163.2%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 8 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $287.22 | $368.65 | $174.72 | $260.47 | $138.76 | $80.78 | $86.80 | $60.18 | |
| P/E | 33.9x | 41.2x | 56.1x | 29.8x | 40.6x | 35.9x | 32.0x | 19.0x | 20.1x |
| P/S | 20.3x | 24.8x | 36.0x | 19.1x | 27.0x | 21.4x | 18.6x |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 22.5% a year plus a 0.7% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 33.9 across this company’s own years on record.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| DINOHF Sinclair Corp | $122.32 | 11.6x | 2.1x | 1.72% | 19.50% | $21.75B |
| EXEEXPAND ENERGY Corp | $92.96 | 8.0x | 1.1x | 2.47% | 14.89% | $21.52B |
| PRPermian Resources Corp | $24.40 | 16.1x | 1.7x | 2.58% | 11.40% | $20.44B |
| FTITechnipFMC plc | $66.82 |
| 12.4x |
| 14.0x |
| P/B | 14.2x | 13.6x | 22.4x | 11.6x | 23.3x | 14.8x | 11.6x | 11.8x | 17.2x |
| EPS | $6.97 | $6.57 | $5.86 | $6.42 | $3.87 | $2.52 | $4.57 | $2.99 |
| Dividend yield | 0.85% | 0.74% | 1.37% | 0.83% | 1.37% | 0.88% | 3.58% | 0.77% | 0.75% |
| Payout | 31.09% | 30.61% | 76.64% | 24.65% | 55.38% | 31.58% | 114.54% | 14.60% | 15.04% |
| Profit margin | 64.27% | 60.31% | 64.32% | 64.23% | 66.88% | 59.87% | 58.19% | 64.98% | 69.86% |
| ROE | 40.76% | 33.00% | 40.09% | 38.88% | 57.75% | 41.43% | 36.28% | 62.23% | 85.71% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
5 methods answered, across 2 families.
Room for errors in the reported numbers.
-64.4% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 24.4x |
| 8.0x |
| 0.30% |
| 35.81% |
| $26.2B |
| YPFYPF Sociedad Anonima | $49.17 | 25.9x | 1.6x | 0.00% | 7.25% | $19.28B |
| OVVOvintiv Inc. | $69.30 | 19.5x | 1.7x | 1.73% | 8.41% | $19.17B |