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How to buy Texas Pacific Land Trust stock (TPL)

Buy Texas Pacific Land Trust stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Texas Pacific Land Trust is an oil & gas e&p business based in the US. Texas Pacific Land Trust shares (TPL) are listed on the NYSE and all prices are listed in US Dollars. Texas Pacific Land Trust employs 100 staff and has a trailing 12-month revenue of around $659.4 million.

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Texas Pacific Land Trust stock price (NYSE: TPL)

Use our graph to track the performance of TPL stocks over time.

Texas Pacific Land Trust shares at a glance

Information last updated 2024-07-21.
Latest market close$799.95
52-week range$457.24 - $834.52
50-day moving average $695.45
200-day moving average $586.37
Wall St. target price$741.06
PE ratio 43.3004
Dividend yield $4.423 (0.57%)
Earnings per share (TTM) $18.81

Is it a good time to buy Texas Pacific Land Trust stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Texas Pacific Land Trust price performance over time

Historical closes compared with the close of $799.95 from 2024-07-23

1 week (2024-07-18) -2.08%
1 month (2024-06-25) 6.63%
3 months (2024-04-25) 35.12%
6 months (2024-01-25) -46.47%
1 year (2023-07-25) -47.10%
2 years (2022-07-25) -54.80%
3 years (2021-07-23) 1499.99
5 years (2019-07-25) 11.75%

Is Texas Pacific Land Trust stock undervalued or overvalued?

Valuing Texas Pacific Land Trust stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Texas Pacific Land Trust's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Texas Pacific Land Trust's P/E ratio

Texas Pacific Land Trust's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 43x. In other words, Texas Pacific Land Trust shares trade at around 43x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Texas Pacific Land Trust's EBITDA

Texas Pacific Land Trust's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $532.8 million.

The EBITDA is a measure of a Texas Pacific Land Trust's overall financial performance and is widely used to measure a its profitability.

Texas Pacific Land Trust financials

Revenue TTM $659.4 million
Operating margin TTM 78.12%
Gross profit TTM $649.9 million
Return on assets TTM 29.22%
Return on equity TTM 44.43%
Profit margin 65.74%
Book value $48.82
Market Capitalization $18.7 billion

TTM: trailing 12 months

Texas Pacific Land Trust share dividends

34%

Dividend payout ratio: 33.89% of net profits

Recently Texas Pacific Land Trust has paid out, on average, around 33.89% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.57% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Texas Pacific Land Trust shareholders could enjoy a 0.57% return on their shares, in the form of dividend payments. In Texas Pacific Land Trust's case, that would currently equate to about $4.423 per share.

While Texas Pacific Land Trust's payout ratio might seem fairly standard, it's worth remembering that Texas Pacific Land Trust may be investing much of the rest of its net profits in future growth.

Texas Pacific Land Trust's most recent dividend payout was on 14 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 June 2024 (the "ex-dividend date").

Have Texas Pacific Land Trust's shares ever split?

Texas Pacific Land Trust's shares were split on a 3:1 basis on 26 March 2024. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Texas Pacific Land Trust shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Texas Pacific Land Trust shares which in turn could have impacted Texas Pacific Land Trust's share price.

Texas Pacific Land Trust share price volatility

Over the last 12 months, Texas Pacific Land Trust's shares have ranged in value from as little as $457.2354 up to $834.515. A popular way to gauge a stock's volatility is its "beta".

TPL.US volatility(beta: 1.66)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Texas Pacific Land Trust's is 1.656. This would suggest that Texas Pacific Land Trust's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Texas Pacific Land Trust overview

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company owns a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres, total of approximately 195,000 NRA located in the western part of Texas. The Land and Resource Management segment manages surface acres of land, and oil and gas royalty interest in West Texas. This segment also engages in easements, such as transporting oil, gas and related hydrocarbons, power line and utility, and subsurface wellbore easements. In addition, this segment leases its land for processing, storage, and compression facilities and roads; and is involved in sale of materials, such as caliche, sand, and other material, as well as sells land. The Water Services and Operations segment provides full-service water offerings, including water sourcing, produced-water treatment, infrastructure development, and disposal solutions to operators in the Permian Basin. This segment also holds produced water royalties.

Frequently asked questions

What percentage of Texas Pacific Land Trust is owned by insiders or institutions?
Currently 0.824% of Texas Pacific Land Trust shares are held by insiders and 68.96% by institutions.
How many people work for Texas Pacific Land Trust?
Latest data suggests 100 work at Texas Pacific Land Trust.
When does the fiscal year end for Texas Pacific Land Trust?
Texas Pacific Land Trust's fiscal year ends in December.
Where is Texas Pacific Land Trust based?
Texas Pacific Land Trust's address is: 1700 Pacific Avenue, Dallas, TX, United States, 75201
What is Texas Pacific Land Trust's ISIN number?
Texas Pacific Land Trust's international securities identification number is: US88262P1021
What is Texas Pacific Land Trust's CUSIP number?
Texas Pacific Land Trust's Committee on Uniform Securities Identification Procedures number is: 882610108

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