Texas Pacific Land Corporation with ticker code (TPL) have now 2 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 2750 and 1378 and has a mean target at $2064.00. Now with the previous closing price of $1365.42 this indicates there is a potential upside of 51.2%. The day 50 moving average is $1561.26 and the 200 day moving average is $1950.88. The total market capitalization for the company now stands at 10.42B. The current share price for the company is: 1354.2 USD
The potential market cap would be $15,746,196,122 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 24.01, revenue per share of 86.44 and a 37.48% return on assets.
Texas Pacific Land Corporation is a landowner in the state of Texas with approximately 874,000 acres of land in West Texas, with its ownership concentrated in the Permian Basin. The Company’s segments include Land and Resource Management and Water Services and Operations. The Land and Resource Management segment encompasses the business of managing approximately 874,000 surface acres of land and its oil and gas royalty interests in West Texas. This segment consists primarily of oil and gas royalties, revenues from easements and commercial leases, and land and material sales. The Company’s Water Services and Operations segment encompasses the business of providing full-service water offerings to operators in the Permian Basin through Texas Pacific Water Resources LLC (TPWR). These full-service water offerings include, water sourcing, produced water gathering/treatment, infrastructure development, disposal solutions, water tracking, analytics and well testing services.
