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Texas Pacific Land Corp TPL

Morningstar Rating
$735.00 +10.14 (1.40%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TPL is trading at a 191% premium.
Price
$735.34
Fair Value
$912.39
Uncertainty
Very High
1-Star Price
$2,679.35
5-Star Price
$233.78
Economic Moat
Fxp
Capital Allocation
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News

Trading Information

Previous Close Price
$724.86
Day Range
$725.46740.87
52-Week Range
$429.56799.46
Bid/Ask
$553.83 / $875.00
Market Cap
$16.90 Bil
Volume/Avg
8 / 146,075

Key Statistics

Price/Earnings (Normalized)
39.15
Price/Sales
25.68
Dividend Yield (Trailing)
0.61%
Dividend Yield (Forward)
0.64%
Total Yield
0.89%

Company Profile

Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. It operates its business in two segments including Land and Resource Management and Water Service and Operations. The Land and Resource Management segment focuses on managing its oil and gas royalty interest and surface acres of land. The Water Services and Operations segment encompasses the business of providing full-service water offerings to operators, produced-water treatment, infrastructure development, and disposal solutions. The company generates the majority of its revenue from the Land and Resource Management segment.
Sector
Energy
Industry
Oil & Gas E&P
Stock Style Box
Mid Growth
Total Number of Employees
100

Comparables

Valuation

Metric
TPL
SJT
AMPY
Price/Earnings (Normalized)
39.159.5514.62
Price/Book Value
15.0669.820.71
Price/Sales
25.688.610.88
Price/Cash Flow
36.713.95
Price/Earnings
TPL
SJT
AMPY

Financial Strength

Metric
TPL
SJT
AMPY
Quick Ratio
11.041.730.50
Current Ratio
11.101.730.79
Interest Coverage
2.63
Quick Ratio
TPL
SJT
AMPY

Profitability

Metric
TPL
SJT
AMPY
Return on Assets (Normalized)
40.57%223.50%4.48%
Return on Equity (Normalized)
45.63%710.17%8.86%
Return on Invested Capital (Normalized)
45.62%706.54%8.87%
Return on Assets
TPL
SJT
AMPY
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Oil & Gas E&P Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
ConocoPhillips
COP
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EOG Resources Inc
EOG
PdtwzhvyjSvqctz$72.8 Bil
Occidental Petroleum Corp
OXY
CngwzrvjVrcp$55.3 Bil
Hess Corp
HES
FzppcksyfYqmkjy$45.9 Bil
Diamondback Energy Inc
FANG
JvwtqrckkLnnwg$36.5 Bil
Devon Energy Corp
DVN
GcgqjskghYmmdzv$30.2 Bil
EQT Corp
EQT
NpmvqmsLlwt$16.3 Bil
Marathon Oil Corp
MRO
SxflxsxLck$16.0 Bil
APA Corp
APA
LnqwdrjHsl$10.9 Bil
Antero Resources Corp
AR
PswwzdlsnCvkf$10.2 Bil

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