Texas Pacific Land Corp TPL

Morningstar Rating
$396.14 +6.35 (1.63%)
View Full Chart

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 within a range we consider fairly valued.
Price
$389.79
Fair Value
$345.59
Uncertainty
Very High
1-Star Price
$996.16
5-Star Price
$112.93
Economic Moat
Rdys
Capital Allocation

News

Trading Information

Previous Close Price
$389.79
Day Range
$390.74405.82
52-Week Range
$269.23547.20
Bid/Ask
$392.50 / $399.00
Shares Outstanding
68.97M
Market Cap
$27.32B
Volume/Avg
270,052 / 465,586

Key Statistics

Price/Earnings (Normalized)
53.40
Price/Sales
32.07
Dividend Yield (Trailing)
0.58%
Dividend Yield (Forward)
0.62%
Total Yield
0.61%

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. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Growth
Total Number of Employees
114

Valuation

Metric
TPL
Price/Earnings (Normalized)
53.40
Price/Book Value
17.28
Price/Sales
32.07
Price/Cash Flow
46.97
Price/Earnings
TPL

Financial Strength

Metric
TPL
Quick Ratio
4.16
Current Ratio
4.23
Interest Coverage
Quick Ratio
TPL

Profitability

Metric
TPL
Return on Assets (Normalized)
33.70%
Return on Equity (Normalized)
37.52%
Return on Invested Capital (Normalized)
36.46%
Return on Assets
TPL

Oil & Gas E&P Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ConocoPhillips
COP
LwmvdtdbdQryxb$143B
Canadian Natural Resources Ltd
CNQ
ZjfchnmWdbgcxl$96B
EOG Resources Inc
EOG
WvlvtjlgmkNcvmcq$73B
Occidental Petroleum Corp
OXY
NvxJgzx$57B
Diamondback Energy Inc
FANG
SfdjkkhtjGfvjwlw$54B
Devon Energy Corp
DVN
SlbxbjffmnMqrxx$51B
EQT Corp
EQT
XbdstdmkspVfz$34B
Expand Energy Corp Ordinary Shares - New
EXE
RfkxkhgtHrmky$22B
Antero Resources Corp
AR
DpxqdjwFxht$11B
Range Resources Corp
RRC
CzjszknLvkj$9B

Sponsor Center