Texas Pacific Land (TPL)
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Texas Pacific Land: An Atypical Real Estate Growth Stock
Gurufocus· 2024-07-10 13:00
Two distinct business lines A pristine balance sheet justifies an expensive valuation Risk factors to my case I usually do not start with the history of a company to present my investment thesis, but Texas Pacific Land Corp. (TPL, Financial) is such an atypical enterprise that it is better to start from the beginning. Its historical background explains its current business model. Founded in 1871, Texas and Pacific Railway Company was created through a federal charter to build a railway that would link East ...
Here is Why Growth Investors Should Buy Texas Pacific (TPL) Now
ZACKS· 2024-06-19 17:45
Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the hel ...
Texas Pacific (TPL) Recently Broke Out Above the 20-Day Moving Average
ZACKS· 2024-06-11 14:35
Texas Pacific (TPL) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, TPL broke through the 20-day moving average, which suggests a short-term bullish trend. A well-liked tool among traders, the 20-day simple moving average offers a look back at a stock's price over a 20-day period. This is very beneficial to short-term traders, as it smooths out short-term price trends and gives more trend reversal signals than longer-term moving averages. L ...
Texas Pacific (TPL) Crossed Above the 50-Day Moving Average: What That Means for Investors
ZACKS· 2024-06-11 14:30
After reaching an important support level, Texas Pacific (TPL) could be a good stock pick from a technical perspective. TPL surpassed resistance at the 50-day moving average, suggesting a short-term bullish trend. TPL has rallied 19.5% over the past four weeks, and the company is a Zacks Rank #2 (Buy) at the moment. This combination suggests TPL could be on the verge of another move higher. With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep the ...
Is Texas Pacific Land (TPL) Stock Outpacing Its Oils-Energy Peers This Year?
ZACKS· 2024-06-04 14:45
For those looking to find strong Oils-Energy stocks, it is prudent to search for companies in the group that are outperforming their peers. Texas Pacific (TPL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Oils-Energy peers, we might be able to answer that question. Texas Pacific is one of 248 individual stocks in the Oils-Energy sector. Co ...
3 Reasons Why Growth Investors Shouldn't Overlook Texas Pacific (TPL)
ZACKS· 2024-06-03 17:46
While there are numerous reasons why the stock of this landowner is a great growth pick right now, we have highlighted three of the most important factors below: Earnings Growth Arguably nothing is more important than earnings growth, as surging profit levels is what most investors are after. For growth investors, double-digit earnings growth is highly preferable, as it is often perceived as an indication of strong prospects (and stock price gains) for the company under consideration. Investors seek growth ...
Texas Pacific Land (TPL) - 2024 Q1 - Earnings Call Transcript
2024-05-09 15:59
Now turning to Slide 7 for an environmental and regulatory overview, IÂ've already discussed the latest on our regulatory efforts for the last couple of slides, but IÂ'll just reiterate that TPL is committed to the highest standards of environmental stewardship. Our goal is to not just meet the regulatory standards, but to exceed it. As many of you know, TPL owns nearly 1 million surface acres and to surface owners, we have every incentive to maintain and enhance the environmental quality of our acreage. We ...
Texas Pacific Land (TPL) - 2024 Q1 - Quarterly Report
2024-05-08 20:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 1-39804 Exact name of registrant as specified in its charter: Texas Pacific Land Corporation State or other jurisdict ...
Texas Pacific Land (TPL) - 2024 Q1 - Quarterly Results
2024-05-08 20:17
Exhibit 99.1 TEXAS PACIFIC LAND CORPORATION ANNOUNCES FIRST QUARTER RESULTS AND RECORD WATER SEGMENT REVENUES Earnings Call to be held 7:30 am CT on Thursday, May 9, 2024 DALLAS, TX (May 8, 2024) – Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) today announced its financial and operating results for the first quarter of 2024. First Quarter 2024 Highlights • The Company announces today the development of a new energy-efficient method of produced water desalination and treatment. The Comp ...
Texas Pacific Land (TPL) - 2023 Q4 - Earnings Call Transcript
2024-02-22 15:49
Company Participants Conference Call Participants Operator It is now my pleasure to introduce your host, Shawn Amini, Finance and Investor Relations. Please go ahead. Thank you for joining us today for Texas Pacific Land Corporation's fourth quarter 2023 earnings conference call. As a reminder, remarks made on today's conference call may include forward-looking statements. Forwardlooking statements are subject to risks and uncertainties that may cause actual results to differ materially from those discussed ...