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Texas Pacific Land Corp TPL

Morningstar Rating
$1,575.42 +36.65 (2.38%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TPL is trading at a 31% premium.
Price
$1,545.97
Fair Value
$8,383.37
Uncertainty
High
1-Star Price
$9,335.62
5-Star Price
$966.28
Economic Moat
Xwvsc
Capital Allocation
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News

Trading Information

Previous Close Price
$1,538.77
Day Range
$1,559.221,584.06
52-Week Range
$1,266.212,000.00
Bid/Ask
$1,000.00 / $2,500.00
Market Cap
$12.08 Bil
Volume/Avg
37,414 / 28,672

Key Statistics

Price/Earnings (Normalized)
30.26
Price/Sales
18.77
Dividend Yield (Trailing)
0.83%
Dividend Yield (Forward)
0.83%
Total Yield
1.20%

Company Profile

Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Growth
Total Number of Employees
100

Comparables

Valuation

Metric
TPL
SJT
AMPY
Price/Earnings (Normalized)
30.263.380.87
Price/Book Value
11.3493.090.69
Price/Sales
18.773.310.72
Price/Cash Flow
27.431.89
Price/Earnings
TPL
SJT
AMPY

Financial Strength

Metric
TPL
SJT
AMPY
Quick Ratio
13.541.400.50
Current Ratio
13.681.400.72
Interest Coverage
7.61
Quick Ratio
TPL
SJT
AMPY

Profitability

Metric
TPL
SJT
AMPY
Return on Assets (Normalized)
40.81%735.03%50.06%
Return on Equity (Normalized)
46.00%2,637.87%151.93%
Return on Invested Capital (Normalized)
45.97%2,633.48%86.40%
Return on Assets
TPL
SJT
AMPY
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Oil & Gas E&P Industry Comparables

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Name
Morningstar Rating for Stocks
Economic Moat
Market Cap
COP
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EOG
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PXD
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OXY
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HES
Hess CorpTzqxcr$44.8 Bil
FANG
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DVN
Devon Energy CorpXnxvny$28.2 Bil
MRO
Marathon Oil CorpPdbl$13.7 Bil
APA
APA CorpSdr$9.0 Bil
AR
Antero Resources CorpFsb$7.8 Bil

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