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 64 out of 118 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 443.78.In the medium term, the stock price is expected to remain stable.Despite a weak 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.
Media Coverage
The current financial score of Texas Pacific Land Corp is 8.35, ranking 24 out of 118 in the Oil & Gas industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 236.82M, representing a year-over-year increase of 20.84%, while its net profit experienced a year-over-year increase of 18.44%.
Key Metrics
The current valuation score of Texas Pacific Land Corp is 6.31, ranking 99 out of 118 in the Oil & Gas industry. Its current P/E ratio is 53.97, which is 64.28% below the recent high of 88.67 and 58.44% above the recent low of 22.43.
The current earnings forecast score of Texas Pacific Land Corp is 7.00, ranking 60 out of 118 in the Oil & Gas industry. The average price target is 996.16, with a high of 1180.00 and a low of 635.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Texas Pacific Land Corp is 6.43, ranking 101 out of 118 in the Oil & Gas industry. Currently, the stock price is trading between the resistance level at 435.95 and the support level at 371.33, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
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The current institutional shareholding score of Texas Pacific Land Corp is 7.00, ranking 24 out of 118 in the Oil & Gas industry. The latest institutional shareholding proportion is 73.42%, representing a quarter-over-quarter increase of 1.24%. The largest institutional shareholder is Murray Stahl, holding a total of 9.97M shares, representing 14.46% of shares outstanding, with 7.53% decrease in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Oil & Gas domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Texas Pacific Land Corp is 2.87, ranking 105 out of 118 in the Oil & Gas industry. The company's beta value is 0.65. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
