# Texas Pacific Land share price today (Texas Pacific Land Corporation, TPL)

> Texas Pacific Land Corporation's earnings have grown faster than its share price. Earnings per share grew +6.1% in a year while the price moved +5.6%. TPL · Energy · Oil & Gas Exploration & Production · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/tpl

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: $332.00 (+5.6% in a year)
- P/E: 42.4× (higher than 51% of the last 4.6 years)
- Revenue (Jun 2026): $246 M (+31.2% on a year ago)
- Profit (Jun 2026): $154 M (+32.5% on a year ago)
- Operating margin: 78.2% (+1.4 points on a year ago)
- ROE: 33%, FY25
- ROIC: 38.5%, against a 7.5% cost of capital: +31.0 points

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the Texas Pacific Land share price today? Texas Pacific Land Corporation's share price was $332.00 at the close on 3 November 2026. It has been moving sideways for 14 weeks. That is 17.3% below its average price over the last 200 trading days. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 26 weeks running. In the last 52 weeks it traded between $280 and $531, and at that close it sat 21% of the way up from that low. Over the last 10 years the share price moved +1,641% while the S&P 500 moved +255%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 8 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Texas Pacific Land pay? Texas Pacific Land Corporation paid $2.26 per share over the last four reported quarters. The most recent declaration was $0.60 for Jun 2026. At today's price of $332.00 that is a yield of 0.68%, based on dividends already paid, not a forecast. ## Which stock lists is Texas Pacific Land on? Texas Pacific Land is on one of our US lists: S&P 500 companies. [S&P 500 companies](https://www.sectoralpha.in/sp-500-stocks)

## Is Texas Pacific Land profitable? Texas Pacific Land Corporation earned $154 M of net profit in the Jun 2026 quarter, +32.5% on the same quarter a year earlier. That is the 11th quarter in a row of profit growth. Full-year FY25 profit was $481 M. Over 4 years profit has grown 15.6% a year on average. That is 62.6% of the quarter's revenue. The same quarter a year earlier earned $116 M. For the full year, FY25 profit was $481 M (+6.0% on the year before). Why profit moved: revenue changed +31.2% on a year earlier and the margin moved +1.4 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +17.2% and revenue +20.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Texas Pacific Land make, and is it growing? Texas Pacific Land Corporation reported $246 M of revenue in the Jun 2026 quarter, +31.2% on the same quarter a year earlier. That is the 11th quarter in a row with growth on the year before. Over 4 years it has grown 15.3% a year on average. The last full year, FY25, came in at $798 M. The last four reported quarters add to $898 M. FY25 revenue was $798 M, +13.1% on the year before. Recent pace: the last four quarters grew +20.7% on average, against 15.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +20.8%, against +15.6% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +17.3%, against +10.0% a year (accelerating). ## How much of every $100 of sales does Texas Pacific Land keep? Texas Pacific Land Corporation's operating margin was 78.2% in the Jun 2026 quarter, 1.4 percentage points higher than the same quarter a year ago. Across 5 years it has been between 74.3% and 84.3%. The latest quarter is within that range. Why the margin moved: operating margin changed +1.4 percentage points on the year while gross margin changed −0.2 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Texas Pacific Land's profit turning into cash? Over the last 3 years, 108% of Texas Pacific Land Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $546 M of operating cash against $481 M of profit. After $59.5 M of spending on assets, $486 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Texas Pacific Land's cash go? Texas Pacific Land Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $104 M on assets over the last 3 years. Averaged over those years that is 4.4% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $104 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Texas Pacific Land's P/E ratio, and how does it compare with its own history? Texas Pacific Land Corporation's P/E is 42.4×, in the middle of its own history: higher than 51% of past readings. Its usual P/E (the middle reading) is 42.3×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +6.1% while the price moved +5.6%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +18.2% a year; about +11.4% a year came from earnings growth and about +6.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Texas Pacific Land business getting better or worse? Texas Pacific Land Corporation's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 43.1%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Texas Pacific Land earn on its capital? Texas Pacific Land Corporation earned a ROE of 33% in FY25. Its return on capital used (ROIC) is 31.0 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 60.3% net margin and 0.49× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 60.3% net margin × 0.49× asset turnover × 1.11× leverage (assets divided by equity) ≈ 32.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 38.5% − 7.5% = +31.0 percentage points. The 7.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. The 38.5% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 44.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Texas Pacific Land have too much debt? Texas Pacific Land Corporation has total debt of $18.0 M against shareholder equity of $1.7 B as of Jun 2026, so its debt is 0.01× its equity, which is very little. Year by year, that ratio went from 0.00 in FY21 to 0.01 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Texas Pacific Land shareholding pattern? 7.2% of Texas Pacific Land Corporation's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 11.3 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Texas Pacific Land from balance-sheet trouble? For Texas Pacific Land Corporation, the Z-score is 83.46. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 83.46 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Texas Pacific Land rank in its industry? 43.3 out of 100, rank 23 of 30 in Oil & Gas Exploration & Production, with 85% of the evidence available. Texas Pacific Land Corporation scores 43.3 out of 100 against the 30 companies it is compared with in Oil & Gas Exploration & Production, ranking 23. A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. The four parts add up to the total exactly: 17.2 + 21.6 + 3.6 + 0.9 = 43.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Texas Pacific Land compared with? Texas Pacific Land ranks 23 of 30 Oil & Gas Exploration & Production companies on the 4-Factor Sector Score, with 43.3 out of 100. 1. [APA Corporation](https://www.sectoralpha.in/us/stocks/apa) APA · breaking out · Most evidence points up · 85% evidence 75.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue -12.5% · Profit 44.6% · Operating margin change 18.7 points · 95% evidence Capital efficiency 19.0/25 · ROCE 21.5% · Operating margin 56.3% · 76% evidence Valuation 15.6/20 · P/E 6.9× · PEG 0.12 · 65% evidence Relative strength 18.9/20 · Lead over its industry 23.1% · Lead over S&P 500 28.2% · 1 year 100.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 22.3 + 19 + 15.6 + 18.9 = 75.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Range Resources Corporation](https://www.sectoralpha.in/us/stocks/rrc) RRC · breaking out · Most evidence points up · 85% evidence 69.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 17.3% · Profit 79.3% · Operating margin change -12 points · 95% evidence Capital efficiency 15.9/25 · ROCE 17.8% · Operating margin 36.1% · 76% evidence Valuation 11.6/20 · P/E 10.2× · PEG 0.76 · 65% evidence Relative strength 19.8/20 · Lead over its industry 22.3% · Lead over S&P 500 28.2% · 1 year 43.7% · 100% evidence · 5 of 12 weeks ahead Exact sum: 22.6 + 15.9 + 11.6 + 19.8 = 69.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Canadian Natural Resources Limited](https://www.sectoralpha.in/us/stocks/cnq) CNQ · breaking out · Most evidence points up · 85% evidence 68.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 17.6% · Profit 41.3% · Operating margin change 19.4 points · 95% evidence Capital efficiency 15.2/25 · ROCE 13.5% · Operating margin 43.1% · 76% evidence Valuation 14.4/20 · P/E 9.9× · PEG 0.23 · 65% evidence Relative strength 16.6/20 · Lead over its industry 11.8% · Lead over S&P 500 16.8% · 1 year 69.3% · 100% evidence · 11 of 12 weeks ahead Exact sum: 22.2 + 15.2 + 14.4 + 16.6 = 68.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Occidental Petroleum Corporation](https://www.sectoralpha.in/us/stocks/oxy) OXY · breaking out · Most evidence points up · 85% evidence 67.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 24% · Profit 100% · Operating margin change 30.2 points · 95% evidence Capital efficiency 10.9/25 · ROCE 8.7% · Operating margin 45.4% · 76% evidence Valuation 15.2/20 · P/E 7.4× · PEG 0.2 · 65% evidence Relative strength 11.9/20 · Lead over its industry 3% · Lead over S&P 500 7.6% · 1 year 46.3% · 100% evidence · 9 of 12 weeks ahead Exact sum: 29.9 + 10.9 + 15.2 + 11.9 = 67.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [SM Energy Company](https://www.sectoralpha.in/us/stocks/sm) SM · breaking out · Most evidence points up · 85% evidence 67.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.2/35 · Revenue 65.2% · Profit 23% · Operating margin change 21.6 points · 95% evidence Capital efficiency 13.3/25 · ROCE 10.4% · Operating margin 60.3% · 76% evidence Valuation 14.0/20 · P/E 6.3× · PEG 0.34 · 65% evidence Relative strength 19.2/20 · Lead over its industry 18.7% · Lead over S&P 500 23.7% · 1 year 100.6% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.2 + 13.3 + 14 + 19.2 = 67.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [EOG Resources, Inc.](https://www.sectoralpha.in/us/stocks/eog) EOG · breaking out · Most evidence points up · 85% evidence 66.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 17.2% · Profit 20% · Operating margin change 7.9 points · 95% evidence Capital efficiency 17.8/25 · ROCE 18% · Operating margin 40.7% · 76% evidence Valuation 12.3/20 · P/E 10× · PEG 0.4 · 65% evidence Relative strength 17.0/20 · Lead over its industry 7.2% · Lead over S&P 500 12.3% · 1 year 47.2% · 100% evidence · 8 of 12 weeks ahead Exact sum: 19.5 + 17.8 + 12.3 + 17 = 66.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Permian Resources Corporation](https://www.sectoralpha.in/us/stocks/pr) PR · breaking out · Evidence leans up · 85% evidence 63.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.5/35 · Revenue 12.8% · Profit 8.4% · Operating margin change 26.5 points · 95% evidence Capital efficiency 15.5/25 · ROCE 13.1% · Operating margin 57.4% · 76% evidence Valuation 11.9/20 · P/E 12.5× · PEG 0.36 · 65% evidence Relative strength 16.4/20 · Lead over its industry 13.5% · Lead over S&P 500 18.5% · 1 year 81% · 100% evidence · 12 of 12 weeks ahead Exact sum: 19.5 + 15.5 + 11.9 + 16.4 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Vista Energy, S.A.B. de C.V.](https://www.sectoralpha.in/us/stocks/vist) VIST · turning · Evidence leans up · 85% evidence 62.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.4/35 · Revenue 77.8% · Profit 44% · Operating margin change 8.2 points · 95% evidence Capital efficiency 17.0/25 · ROCE 16% · Operating margin 44.2% · 76% evidence Valuation 14.3/20 · P/E 8.6× · PEG 0.25 · 65% evidence Relative strength 5.6/20 · Lead over its industry -2.7% · Lead over S&P 500 1.7% · 1 year 41.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 25.4 + 17 + 14.3 + 5.6 = 62.3 · What this means: Earnings are strong; relative strength in its sector is -2.7% and the one-year return is 41.2%. 9. [Chord Energy Corporation](https://www.sectoralpha.in/us/stocks/chrd) CHRD · breaking out · Evidence leans up · 67% evidence 60.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 20% · Profit 100% · Operating margin change 63.5 points · 71% evidence Capital efficiency 10.9/25 · ROCE 9.5% · Operating margin 34.7% · 76% evidence Valuation 10.7/20 · P/E 7.6× · PEG n/a · 15% evidence Relative strength 13.0/20 · Lead over its industry 5.6% · Lead over S&P 500 10.3% · 1 year 64.6% · 100% evidence · 10 of 12 weeks ahead Exact sum: 26.3 + 10.9 + 10.7 + 13 = 60.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Ovintiv Inc.](https://www.sectoralpha.in/us/stocks/ovv) OVV · leader · Evidence leans up · 85% evidence 60.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.1/35 · Revenue 6.4% · Profit 54.6% · Operating margin change 13.1 points · 95% evidence Capital efficiency 13.9/25 · ROCE 15.8% · Operating margin 36.2% · 76% evidence Valuation 12.3/20 · P/E 16.1× · PEG 0.29 · 65% evidence Relative strength 13.3/20 · Lead over its industry 11.5% · Lead over S&P 500 16.5% · 1 year 70.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.1 + 13.9 + 12.3 + 13.3 = 60.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [ConocoPhillips](https://www.sectoralpha.in/us/stocks/cop) COP · breaking out · Evidence leans up · 85% evidence 60.4 out of 100 Growth Capital Valuation Relative
12. [Antero Resources Corporation](https://www.sectoralpha.in/us/stocks/ar) AR · breaking out · Evidence leans up · 75% evidence 60.0 out of 100 Growth Capital Valuation Relative
13. [Crescent Energy Company](https://www.sectoralpha.in/us/stocks/crgy) CRGY · breaking out · Evidence leans up · 75% evidence 54.6 out of 100 Growth Capital Valuation Relative
14. [Gulfport Energy Corporation](https://www.sectoralpha.in/us/stocks/gpor) GPOR · breaking out · Evidence leans up · 67% evidence 53.1 out of 100 Growth Capital Valuation Relative
15. [Magnolia Oil & Gas Corporation](https://www.sectoralpha.in/us/stocks/mgy) MGY · turning · Evidence leans up · 85% evidence 52.7 out of 100 Growth Capital Valuation Relative
16. [CNX Resources Corporation](https://www.sectoralpha.in/us/stocks/cnx) CNX · breaking out · Evidence leans up · 75% evidence 52.3 out of 100 Growth Capital Valuation Relative
17. [Baytex Energy Corp.](https://www.sectoralpha.in/us/stocks/bte) BTE · breaking out · Too little evidence to rank firmly · 56% evidence 51.2 out of 100 Growth Capital Valuation Relative
18. [Expand Energy Corporation](https://www.sectoralpha.in/us/stocks/exe) EXE · basing · Evidence leans up · 75% evidence 50.7 out of 100 Growth Capital Valuation Relative
19. [Black Stone Minerals, L.P.](https://www.sectoralpha.in/us/stocks/bsm) BSM · turning · Evidence leans down · 85% evidence 47.9 out of 100 Growth Capital Valuation Relative
20. [Murphy Oil Corporation](https://www.sectoralpha.in/us/stocks/mur) MUR · breaking out · Evidence leans down · 75% evidence 47.6 out of 100 Growth Capital Valuation Relative
21. [EQT Corporation](https://www.sectoralpha.in/us/stocks/eqt) EQT · breaking out · Evidence leans down · 85% evidence 47.1 out of 100 Growth Capital Valuation Relative
22. [Devon Energy Corporation](https://www.sectoralpha.in/us/stocks/dvn) DVN · breaking out · Evidence leans down · 75% evidence 44.5 out of 100 Growth Capital Valuation Relative
23. Texas Pacific Land Corporation this page TPL · basing · Evidence leans down · 85% evidence 43.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.2/35 · Revenue 20.7% · Profit 17.1% · Operating margin change 1.4 points · 95% evidence Capital efficiency 21.6/25 · ROCE 38.2% · Operating margin 78.2% · 76% evidence Valuation 3.6/20 · P/E 55.8× · PEG 3.21 · 65% evidence Relative strength 0.9/20 · Lead over its industry -21% · Lead over S&P 500 -17.5% · 1 year 1.5% · 100% evidence · 0 of 12 weeks ahead Exact sum: 17.2 + 21.6 + 3.6 + 0.9 = 43.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 24. [Diamondback Energy, Inc.](https://www.sectoralpha.in/us/stocks/fang) FANG · turning · Evidence leans down · 85% evidence 43.1 out of 100 Growth Capital Valuation Relative
25. [Matador Resources Company](https://www.sectoralpha.in/us/stocks/mtdr) MTDR · breaking out · Evidence leans down · 85% evidence 41.7 out of 100 Growth Capital Valuation Relative
26. [Woodside Energy Group Ltd](https://www.sectoralpha.in/us/stocks/wds) WDS · losing its lead · Too little evidence to rank firmly · 51% evidence 40.7 out of 100 Growth Capital Valuation Relative
27. [Talos Energy Inc.](https://www.sectoralpha.in/us/stocks/talo) TALO · breaking out · Evidence leans down · 67% evidence 40.5 out of 100 Growth Capital Valuation Relative
28. [Comstock Resources, Inc.](https://www.sectoralpha.in/us/stocks/crk) CRK · breaking out · Most evidence points down · 67% evidence 34.8 out of 100 Growth Capital Valuation Relative
29. [Northern Oil and Gas, Inc.](https://www.sectoralpha.in/us/stocks/nog) NOG · breaking out · Most evidence points down · 75% evidence 33.7 out of 100 Growth Capital Valuation Relative
30. [California Resources Corporation](https://www.sectoralpha.in/us/stocks/crc) CRC · turning · Most evidence points down · 75% evidence 28.2 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Oil & Gas Exploration & Production](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production), all 30 compared on one page. ## Which companies are close to Texas Pacific Land in size? Texas Pacific Land is the 9th largest of 57 Oil & Gas Exploration & Production companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Diamondback Energy, Inc., Woodside Energy Group and EQT Corporation. Just below it: Expand Energy Corporation, Permian Resources Corporation and Ovintiv Inc. ### Oil & Gas Exploration & Production companies close in size

1. [Diamondback Energy, Inc.](https://www.sectoralpha.in/us/stocks/fang) $53.9 billion
2. [Woodside Energy Group Ltd](https://www.sectoralpha.in/us/stocks/wds) $42.4 billion
3. [EQT Corporation](https://www.sectoralpha.in/us/stocks/eqt) $33.9 billion
4. Texas Pacific Land Corporation $22.9 billion
5. [Expand Energy Corporation](https://www.sectoralpha.in/us/stocks/exe) $20.8 billion
6. [Permian Resources Corporation](https://www.sectoralpha.in/us/stocks/pr) $20.1 billion
7. [Ovintiv Inc.](https://www.sectoralpha.in/us/stocks/ovv) $18.3 billion

[All 57 Oil & Gas Exploration & Production companies, largest first](https://www.sectoralpha.in/us/sectors/oil-gas-exploration-production#all-companies)

### Companies close in size in other industries

1. [Reliance, Inc.](https://www.sectoralpha.in/us/stocks/rs) $22.8 billion · Steel
2. [Loews Corporation](https://www.sectoralpha.in/us/stocks/l) $22.8 billion · Insurance - Property & Casualty
3. Texas Pacific Land Corporation $22.8 billion
4. [STERIS plc](https://www.sectoralpha.in/us/stocks/ste) $22.8 billion · Medical Devices
5. [Smurfit Westrock Plc](https://www.sectoralpha.in/us/stocks/sw) $22.7 billion · Packaging & Containers

## What else do people ask about Texas Pacific Land? ### What were Texas Pacific Land's latest quarterly results? Texas Pacific Land Corporation reported revenue of $246 M and net profit of $154 M for the Jun 2026 quarter. Revenue rose 31.2% and profit rose 32.5% compared with a year earlier. Earnings per share were $2.23. The operating margin was 78.2%, 1.4 percentage points higher than a year earlier (as of 3 November 2026). ### What is Texas Pacific Land's market cap? Texas Pacific Land Corporation's market capitalisation is $22.9 B at a stock price of $332.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Texas Pacific Land performing? Texas Pacific Land Corporation's share price has been moving sideways for 14 weeks. In its latest quarter, revenue rose 31.2% and profit rose 32.5% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 26 weeks running (as of 3 November 2026). ### Will Texas Pacific Land's stock price go up? This page does not forecast Texas Pacific Land Corporation's stock price. What it shows instead: the stock price is $332.00, and it has been moving sideways for 14 weeks. Its P/E of 42.4× is higher than 51% of its own last 5 years (as of 3 November 2026). ### Where is Texas Pacific Land in its business cycle? Texas Pacific Land Corporation's FY25 operating margin was 74.3%, against a 5-year range of 74.3% to 84.3%: the low end of its own range, which is often where recoveries start. The latest quarter was 78.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Texas Pacific Land story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Texas Pacific Land a stock worth studying right now? What the numbers show: Texas Pacific Land Corporation's earnings have grown faster than its share price. Earnings per share grew +6.1% in a year while the price moved +5.6%. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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This is research, not advice. We’re not SEBI-registered.