Texas Pacific Land Corp
NYSE:TPL

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Texas Pacific Land Corp
NYSE:TPL
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Price: 1 272.41 USD -0.51% Market Closed
Market Cap: 29.2B USD
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TPL's latest stock split occurred on Mar 27, 2024

The company executed a 3-for-1 stock split, meaning that for every share held, investors received 3 new shares.

Before the split, TPL traded at 1679.18 per share. Afterward, the share price was about 566.0172.

The adjusted shares began trading on Mar 27, 2024. This was TPL's 4th stock split, following the previous one in Jan 11, 2021.

Last Splits:
Mar 27, 2024
3-for-1
Jan 11, 2021
1-for-1
Jul 13, 2007
5-for-1
Mar 13, 1980
3-for-1
Pre-Split Price
549.711 1 679.18
Post-Split Price
566.0172
Before
After
Last Splits:
Mar 27, 2024
3-for-1
Jan 11, 2021
1-for-1
Jul 13, 2007
5-for-1
Mar 13, 1980
3-for-1

Texas Pacific Land Corp
Stock Splits History

TPL Stock Splits Timeline
Mar 27, 2024
Mar 27, 2024
Split 3-for-1
x3
Pre-Split Price
549.711 1 679.18
Post-Split Price
566.0172
Before
After
Jan 11, 2021
Jan 11, 2021
Split 1-for-1
/1
Pre-Split Price
251.3945 801
Post-Split Price
272.8933
Before
After
Jul 13, 2007
Jul 13, 2007
Split 5-for-1
x5
Pre-Split Price
15.9501 286
Post-Split Price
16.8703
Before
After
Mar 13, 1980
Mar 13, 1980
Split 3-for-1
x3
Pre-Split Price
N/A
Post-Split Price
2.7285
Before
After

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May 20, 2025
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1-for-1
x1
45.99 32.65 CNY 32.74 32.74 CNY
May 20, 2025
M
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1-for-2
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0.02 0.02 USD 0.02 0.02 USD
May 20, 2025
S
Secuve Co Ltd
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Texas Pacific Land Corp
Glance View

Economic Moat
Narrow
Market Cap
29.2B USD
Industry
Energy

Texas Pacific Land Corp., with its roots stretching back to the late 19th century, has carved out a unique place in the American business landscape, primarily centered around land and mineral rights management. Originally established from the remnants of the Texas and Pacific Railway, the company transformed itself over the decades into a powerhouse in the management of vast land holdings in West Texas. These lands are rich with possibilities, not the least of which lie in the bounty of oil and gas resources beneath the surface. The company's extensive acreage in the Permian Basin, one of the most prolific oil and gas producing regions in the United States, forms the cornerstone of its financial model. By leasing these lands to oil and gas operators, Texas Pacific Land Corp. secures a steady stream of revenue through royalties, typically a percentage of the production value extracted from their land. Beyond oil and gas royalties, Texas Pacific Land Corp.'s business model integrates multiple revenue streams. It includes land sales, water services, and easements. The company takes advantage of its significant water rights to provide water solutions critical for hydraulic fracturing operations in the Permian Basin. Furthermore, Texas Pacific Land Corp. earns from infrastructure development, granting easements and rights-of-way for pipelines, power lines, and roads, which are essential as the energy landscape in West Texas evolves. This diversified revenue model ensures stability and growth, enabling Texas Pacific Land Corp. to continually benefit from the burgeoning energy industry while maintaining a lean operational structure. Through a combination of strategic leverage of land assets and innovative adaption to market needs, the company stands out as an exemplary model of how historical assets can drive modern economic success.

TPL Intrinsic Value
332.74 USD
Overvaluation 74%
Intrinsic Value
Price
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