Why Stock-Split Stock Texas Pacific Land Corporation Beat the Market Today
The longtime energy industry landlord could benefit handsomely from entering new businesses.On a trading day where the bears largely had their way, Texas Pacific Land Corporation (TPL +0.81%) stock landed in the black on Monday. Its share price closed 0.6% higher, thanks in no small part to an analyst price target increase, which looked impressive next to the S&P 500 index's more than 1% decline.The new "black gold"Texas Pacific, which is basically a landlord with vast holdings in the oil-rich Permian Basin ...