Texas Pacific Land (NYSE:TPL – Get Free Report) is expected to be posting its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Texas Pacific Land to post earnings of $2.14 per share and revenue of $249.50 million for the quarter. Investors can find conference call details on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, August 6, 2026 at 10:30 AM ET.
Texas Pacific Land (NYSE:TPL – Get Free Report) last released its earnings results on Wednesday, May 6th. The financial services provider reported $2.07 earnings per share for the quarter, topping the consensus estimate of $2.03 by $0.04. The company had revenue of $236.80 million for the quarter, compared to the consensus estimate of $233.00 million. Texas Pacific Land had a net margin of 60.03% and a return on equity of 35.52%. On average, analysts expect Texas Pacific Land to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.
Texas Pacific Land Trading Up 2.2%
Shares of NYSE:TPL traded up $8.55 on Wednesday, hitting $397.97. 7,658 shares of the company were exchanged, compared to its average volume of 459,431. The firm has a market capitalization of $27.45 billion, a P/E ratio of 54.56 and a beta of 0.58. Texas Pacific Land has a 1-year low of $269.23 and a 1-year high of $547.20. The stock’s 50 day moving average price is $395.35 and its 200 day moving average price is $418.87.
Texas Pacific Land Announces Dividend
Analyst Ratings Changes
Several analysts have weighed in on TPL shares. Zacks Research downgraded Texas Pacific Land from a “hold” rating to a “strong sell” rating in a research note on Tuesday, June 30th. Weiss Ratings upgraded Texas Pacific Land from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $639.00.
Read Our Latest Analysis on TPL
Insider Activity at Texas Pacific Land
In other news, CFO Chris Steddum sold 830 shares of the stock in a transaction on Monday, June 8th. The shares were sold at an average price of $400.33, for a total value of $332,273.90. Following the sale, the chief financial officer owned 12,040 shares in the company, valued at $4,819,973.20. This represents a 6.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 6.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On Texas Pacific Land
Hedge funds have recently added to or reduced their stakes in the business. State Street Corp grew its position in Texas Pacific Land by 206.8% during the 4th quarter. State Street Corp now owns 3,587,004 shares of the financial services provider’s stock worth $1,030,259,000 after purchasing an additional 2,417,705 shares during the period. SoftVest Advisors LLC raised its stake in shares of Texas Pacific Land by 200.0% during the 4th quarter. SoftVest Advisors LLC now owns 1,180,800 shares of the financial services provider’s stock valued at $339,149,000 after buying an additional 787,200 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Texas Pacific Land by 201.4% in the 4th quarter. Invesco Ltd. now owns 855,816 shares of the financial services provider’s stock valued at $245,807,000 after buying an additional 571,906 shares during the period. Morgan Stanley lifted its holdings in shares of Texas Pacific Land by 205.8% in the 4th quarter. Morgan Stanley now owns 727,921 shares of the financial services provider’s stock valued at $209,074,000 after buying an additional 489,846 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Texas Pacific Land by 207.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 592,845 shares of the financial services provider’s stock worth $170,277,000 after buying an additional 399,773 shares during the last quarter. 59.94% of the stock is owned by hedge funds and other institutional investors.
Texas Pacific Land Company Profile
Texas Pacific Land Corporation (NYSE: TPL) is a Texas-based land management company that derives revenue from the ownership and stewardship of large tracts of land and associated mineral rights in West Texas. The company’s origins trace to 19th century land grants associated with the Texas and Pacific Railway; over time those grant holdings have been retained and managed as a standalone corporate asset base. Texas Pacific Land is publicly listed and operates as a landowner and resource manager rather than as a traditional oil and gas producer.
The company’s primary activities include management of surface rights and leasing of land for energy and other commercial uses, administration of mineral royalty interests, and provision of water and related services to industrial customers.
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