FinDogFinDog
Friday, October 30, 2026Closing data · 4:00 PM ET
English
Log in

TPL

Texas Pacific Land CorporationNYSE · Oil & Gas Exploration & Production · Energy
Previous close
331.68
Change
+3.72 / +1.13%
FinDog View
Neutral
52-Week Range ?
269.23 – 547.20
P/E (TTM) ?
42.1
Forward P/E ?
35.4
Based on consensus earnings for the next 12 months
Market Cap
$22.8B
1M
+1.80%
S&P 500 −0.91% over same period
Volume / Avg Volume
481K / 286K
1.68× average
Latest earnings analysisFY2026 Q2Reported 2026-08-05

TPL's Q2 2026: record $153.9 million net income, EPS of $2.23 tops estimate

TPL's second quarter of 2026 was a record on the headline lines: revenue of $246.1 million, net income of $153.9 million, diluted EPS of $2.23 (a slim beat over the $2.2069 consensus), $155.5 million of free cash flow and no debt. Royalties did most of the work because oil realizations jumped, while water and surface income kept climbing. Read it as a high-margin, unhedged Permian landowner at a strong point in the price cycle.

Read the full analysis →
Revenue$0.25B
EPS$2.23Beatest. $2.21
Next-day move−6.87%

Price History

Closing price · USD1M6M1Y5Y
200300400500600EFY26 Q2 EarningsEFY26 Q1 EarningsEFY25 Q4 EarningsEFY25 Q3 Earnings2025-102026-012026-052026-082026-10

Historical P/E

Close ÷ trailing four-quarter EPS · Period median 59.91M6M1Y5Y
020004000600080002025-102026-012026-052026-082026-10

Recent Earnings

Click to read the FinDog analysis
PeriodReportedRevenueEPS Actual / Est.Next-Day MoveAnalysis
FY2026 Q2
Quarter ended 2026-06
2026-08-05$246M2.23 / 2.21−6.87%Read analysis →
FY2026 Q1
Quarter ended 2026-03
2026-05-06$237M2.07 / 2.04−4.92%Pending
FY2025 Q4
Quarter ended 2025-12
2026-02-18$798M6.97 / 1.75+10.40%Pending
FY2025 Q3
Quarter ended 2025-09
2025-11-05$203M5.27 / 1.94+10.02%Pending
FY2025 Q2
Quarter ended 2025-06
2025-08-06$188M5.05 / —−8.75%Pending
FY2025 Q1
Quarter ended 2025-03
2025-05-07$196M5.24 / —−4.16%Pending

Next Earnings

Date and consensus from the earnings calendar; the analysis is generated automatically after the releaseEarnings Calendar →
Report date
2026-11-04
in 3 days · time TBD
Consensus EPS
$2.35
Last quarter EPS $2.23
Avg. next-day move over the last 6 reports
±7.5%

Decision Panel

Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market data
Valuation
P/E is at percentile 24 of its 5-year rangeCheap
5-year range 29.9 – 6,170.4 · Median 57.7
Last 4 quarters: $8.3M in buybacks + $157M in dividends, 0.73% of market cap combined
P/E (TTM)
42.1
P/B
13.6
P/S
25.4
Dividend Yield
0.79%
Earnings Reaction
Over the last 6 reports, the stock moved ±7.5% on average on the first trading day after, rising 2 times
Most recent −6.87%
Volatility & Correlation
1-year beta 0.39 · Correlation with S&P 500 0.10Low beta
Annualized volatility 49% vs. 13% for the S&P 500
Insider Trading
View all →
Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 43 · $0.02MSell 0 · $0.00MNet buying $0.02M
  • 09-29HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M4 shares · Avg price 340.96
  • 09-28HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 340.12
  • 09-25HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 339.72
  • 09-24HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 340.28
  • 09-23HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 352.95
  • 09-22HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 361.36
  • 09-21HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 348.98
  • 09-18HORIZON KINETICS ASSET MANAGEMENT LLCBuy$0.00M1 shares · Avg price 351.34
Multi-Quarter Financial Trends
View all quarters →
Last 12 quarters · As reported by the company
QuarterRevenue ($B)YoYGross MarginOperating Income ($B)Net Income ($B)Free Cash Flow ($B)EPS
FY2026 Q20.25+31.2%—0.190.150.172.23
FY2026 Q10.24+20.8%—0.180.140.162.07
FY2025 Q40.21+13.9%—0.150.120.11-1.73
FY2025 Q30.20+17.0%—0.150.120.155.27
FY2025 Q20.19+8.8%—0.140.120.121.68
FY2025 Q10.20+12.5%—0.150.120.161.75
FY2024 Q40.19+11.5%—0.140.120.13-8.01
FY2024 Q30.17+9.9%—0.130.110.124.63
FY2024 Q20.17+7.3%—0.130.110.104.98
FY2024 Q10.17+19.0%—0.140.110.154.97
FY2023 Q40.17+9.1%—0.130.110.11-6.82
FY2023 Q30.16−17.3%—0.130.110.104.58

Peers

Largest by market cap in the sector · Latest quarterView Energy sector →
TickerCompanyMarket CapP/ERevenue YoYGross Margin1MView
TPLTexas Pacific Land Corporation$22.8B42.1+31.2%—+1.80%Neutral
XOMExxonMobil$753B22.6+42.3%—+15.05%NeutralCompare
CVXChevron Corporation$465B22.6+51.4%45.5%+15.33%BullishCompare
COPConocoPhillips$184B19.7+43.3%62.9%+23.08%BullishCompare
MPCMarathon Petroleum$124B14.2+53.8%17.2%+12.47%NeutralCompare
VLOValero Energy$121B15.4+43.3%20.4%+3.11%BullishCompare
PSXPhillips 66$109B15.0+46.4%19.2%+10.78%BullishCompare
WMBWilliams Companies$87.7B29.6+0.0%—+9.39%NeutralCompare
EOGEOG Resources$86.6B12.6+57.4%—+20.17%BullishCompare