Stock FAQs

why is tpl stock down today

by Braulio Streich Sr. Published 3 years ago Updated 2 years ago

Who buys TPL stock?

TPL stock was purchased by a variety of institutional investors in the last quarter, including LRT Capital Management LLC, Parkside Investments LLC, Koshinski Asset Management Inc., and Exchange Traded Concepts LLC.

What does TPL do?

TPL is one of the largest landowners in the State of Texas operating under two business segments: Land and Resource Management and Water Services and Operations. These three companies own substantial land holdings across the United States, and all pay dividends. TPL earnings call for the period ending September 30, 2021.

Who holds Texas Pacific Land (TPSL) stock?

56.90% of the stock of Texas Pacific Land is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Earnings for Texas Pacific Land are expected to grow by 51.39% in the coming year, from $35.96 to $54.44 per share.

Why are stocks down today?

Investors are asking why are stocks down today as markets plunge more than 3% Big earnings misses from Target (NYSE: TGT) and Walmart (NYSE: WMT) appear to be the key drivers of today’s decline Inflation is starting to appear in corporate earnings, shaking investor confidence

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Is TPL a good buy?

The financial health and growth prospects of TPL, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would not be a good stock for momentum investors with a Momentum Score of F.

Who owns Texas Pacific Land Trust?

Top 10 Owners of Texas Pacific Land CorpStockholderStakeTotal value ($)SoftVest Advisors LLC1.69%178,341,300Geode Capital Management LLC0.97%103,119,536Schwartz Investment Counsel, Inc.0.97%102,413,004Northern Trust Investments, Inc.(...0.76%80,831,6576 more rows

How much land does TPL own?

approximately 880,000 acresOur Land. Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land, comprised of numerous separate tracts, located in 19 counties in the western part of Texas.

Is Texas Pacific Land Trust a REIT?

Texas Pacific Land Trust's trustees are empowered under the Declaration of Trust to manage the lands with all the powers of an absolute owner. Texas Pacific Land Trust is not a REIT.

Does TPL pay a dividend?

TPL pays a dividend of $11.25 per share. TPL's annual dividend yield is 0.71%. TEXAS PACIFIC LAND's dividend is lower than the US industry average of 2.49%, and it is lower than the US market average of 3.34%.

When did TPL go public?

"TPL is a publicly traded land trust that is one of the largest landowners in Texas and one of the oldest listings on the NYSE, having been formed in 1888 and listed in 1927.

Who owns the Permian Basin land?

Texas-based ConocoPhillips bought Shell's Permian Basin assets for $9.5 billion, its second major purchase in the oil-rich area over the last year. Sign up for The Brief, our daily newsletter that keeps readers up to speed on the most essential Texas news.

What does Texas Pacific Land Corporation do?

Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land.

What is a land trust in Texas?

Land trusts are non-profit organizations whose mission is land and water conservation. Land trusts conserve open space, wildlife habitat, waterways, and agricultural lands -working in partnership with private landowners- to preserve Texas for future generations.

Is Texas Pacific Land a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Texas Pacific Land in the last twelve months. There are currently...

When is Texas Pacific Land's next earnings date?

Texas Pacific Land is scheduled to release its next quarterly earnings announcement on Thursday, August 4th 2022. View our earnings forecast for T...

How were Texas Pacific Land's earnings last quarter?

Texas Pacific Land Co. (NYSE:TPL) released its earnings results on Wednesday, May, 4th. The financial services provider reported $12.64 EPS for the...

How often does Texas Pacific Land pay dividends? What is the dividend yield for Texas Pacific Land?

Texas Pacific Land declared a quarterly dividend on Tuesday, May 3rd. Stockholders of record on Wednesday, June 8th will be given a dividend of $23...

Is Texas Pacific Land a good dividend stock?

Texas Pacific Land pays an annual dividend of $12.00 per share and currently has a dividend yield of 0.79%. Texas Pacific Land does not yet have a...

What price target have analysts set for TPL?

1 brokers have issued 12 month price targets for Texas Pacific Land's stock. Their forecasts range from $800.00 to $800.00. On average, they antici...

Who are Texas Pacific Land's key executives?

Texas Pacific Land's management team includes the following people: Mr. Tyler Glover , Pres, CEO & Trustee (Age 37, Pay $3.43M) Mr. Chris Steddu...

Who are some of Texas Pacific Land's key competitors?

Some companies that are related to Texas Pacific Land include Sabine Royalty Trust (SBR) , Permian Basin Royalty Trust (PBT) , San Juan Basin Ro...

What other stocks do shareholders of Texas Pacific Land own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Texas Pacific Land investors own include NVIDIA (NVDA) ,...

Why is Timur stock bullish?

What is the Vickers Top Buyers and Sellers report?

Timur had a bullish outlook on the stock because of the following reasons: Unique, data-driven lending model. The company offers white-label service. Acquisitions increase market share. "Basically, they are a platform that lends in a different model than traditional banks," Timur said.

Is Texas Pacific Land Corp publicly traded?

Daily – Vickers Top Buyers & Sellers for 10/25/2021 The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

When will TPL release results?

Texas Pacific Land Corp (NYSE: TPL) Texas Pacific Land is a publicly-traded land trust that owns over 900,000 acres in 20 West Texas counties. The company is one of the largest private landowners in the state of Texas. John had a bullish outlook on the stock because of the following reasons: Profits when oil and gas companies drill on its land.

Who is retiring from TPL?

Texas Pacific Land Corporation (NYSE: TPL) (the "Company" or "TPL") announced today that the Company will release first quarter 2021 financial results after the market closes on Thursday, May 6, 2021. A conference call will be held on Friday, May 7, 2021 at 8:30 a.m. Eastern Time.

What is the Vickers Top Buyers and Sellers report?

Texas Pacific Land Corporation (NYSE: TPL) (the "Company" or "TPL") today announced that, effective May 31, 2021, Chief Financial Officer Robert Packer will retire after a distinguished 10-year career with the Company. Chris Steddum, TPL’s current Vice President, Finance and Investor Relations, will succeed Mr. Packer as the Company’s Chief Financial Officer. The Company has also appointed Stephanie Buffington, TPL’s current Vice President, Accounting, to the newly created role of Chief Accounting Officer. Both appointments will become effective on June 1, 2021. Mr. Packer will serve as an advisor to the Company through the end of the year to ensure a smooth transition.

New York Stock Exchange

Daily – Vickers Top Buyers & Sellers for 10/25/2021 The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

Environmental, Social, and Governance Rating

Texas Pacific Land Corporation is the corporate successor to Texas Pacific Land Trust. TPL is one of the largest landowners in the State of Texas operating under two business segments: Land and Resource Management and Water Services and Operations.

Business Summary

"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.

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