Texas Pacific Land Corp's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 51 out of 119 in the Oil & Gas industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 398.28.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Texas Pacific Land Corp's Score
Industry at a Glance
Industry Ranking
51 / 119
Overall Ranking
151 / 4547
Industry
Oil & Gas
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Texas Pacific Land Corp Highlights
StrengthsRisks
Texas Pacific Land Corporation is a landowner in the state of Texas with approximately 873,000 surface acres of land, principally concentrated in the Permian Basin. It operates in two segments: Land and Resource Management and Water Services and Operations. Its Land and Resource Management segment encompasses the business of managing its approximately 873,000 surface acres of land and approximately 207,000 NRA of oil and gas royalty interests, principally concentrated in the Permian Basin. This segment consists of royalties from oil and gas, revenues from easements, commercial leases and renewables, and land and material sales. Its Water Services and Operations segment is engaged in the business of providing full-service water offerings to operators in the Permian Basin through its wholly owned subsidiary, Texas Pacific Water Resources LLC (TPWR). These full-service water offerings include water sourcing, produced-water treatment, infrastructure development, and disposal solutions.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 26.38% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 798.19M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 25.88%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 25.88%.
Overvalued
The company’s latest PB is 25.29, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 49.99M shares, decreasing 2.09% quarter-over-quarter.
Texas Pacific Land Corporation is a landowner in the state of Texas with approximately 873,000 surface acres of land, principally concentrated in the Permian Basin. It operates in two segments: Land and Resource Management and Water Services and Operations. Its Land and Resource Management segment encompasses the business of managing its approximately 873,000 surface acres of land and approximately 207,000 NRA of oil and gas royalty interests, principally concentrated in the Permian Basin. This segment consists of royalties from oil and gas, revenues from easements, commercial leases and renewables, and land and material sales. Its Water Services and Operations segment is engaged in the business of providing full-service water offerings to operators in the Permian Basin through its wholly owned subsidiary, Texas Pacific Water Resources LLC (TPWR). These full-service water offerings include water sourcing, produced-water treatment, infrastructure development, and disposal solutions.