On Friday, Texas Pacific Land Corporation (NYSE: TPL) opened higher 14.15% from the last session, before settling in for the closing price of $1515.53. Price fluctuations for TPL have ranged from $461.25 to $1526.04 over the past 52 weeks.
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Energy Sector giant saw their annual sales surged by 16.10% over the last five years. Company’s average yearly earnings per share was noted -8.70% at the time writing. With a float of $22.78 million, this company’s outstanding shares have now reached $22.97 million.
The firm has a total of 100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 91.57%, operating margin of 77.25%, and the pretax margin is 83.44%.
Texas Pacific Land Corporation (TPL) Insider Activity
A key investor’s attitude towards the stock of the Oil & Gas E&P industry is another important factor to consider. The insider ownership of Texas Pacific Land Corporation is 0.10%, while institutional ownership is 67.20%. The most recent insider transaction that took place on Nov 21 ’24, was worth 4,359. In this transaction 10% Owner of this company bought 3 shares at a rate of $1452.90, taking the stock ownership to the 1,138,469 shares. Before that another transaction happened on Nov 20 ’24, when Company’s 10% Owner bought 3 for $1426.83, making the entire transaction worth $4,280. This insider now owns 1,138,466 shares in total.
Texas Pacific Land Corporation (TPL) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around -8.70% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 20.03% during the next five years compared to 14.40% growth over the previous five years of trading.
Texas Pacific Land Corporation (NYSE: TPL) Trading Performance Indicators
Check out the current performance indicators for Texas Pacific Land Corporation (TPL). In the past quarter, the stock posted a quick ratio of 11.50. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 57.88. Likewise, its price to free cash flow for the trailing twelve months is 87.41.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.49, a number that is poised to hit 5.35 in the next quarter
Technical Analysis of Texas Pacific Land Corporation (TPL)
Analysing the last 5-days average volume posted by the [Texas Pacific Land Corporation, TPL], we can find that recorded value of 0.24 million was better than the volume posted last year of 0.11 million. As of the previous 9 days, the stock’s Stochastic %D was 95.15%. Additionally, its Average True Range was 59.97.
During the past 100 days, Texas Pacific Land Corporation’s (TPL) raw stochastic average was set at 98.08%, which indicates a significant increase from 96.40% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 56.34% in the past 14 days, which was higher than the 40.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1,120.20, while its 200-day Moving Average is $781.63. Now, the first resistance to watch is $1,790.68. This is followed by the second major resistance level at $1,851.36. The third major resistance level sits at $1,953.28. If the price goes on to break the first support level at $1,628.08, it is likely to go to the next support level at $1,526.16. Should the price break the second support level, the third support level stands at $1,465.48.
Texas Pacific Land Corporation (NYSE: TPL) Key Stats
There are currently 22,975K shares outstanding in the company with a market cap of 39.75 billion. Presently, the company’s annual sales total 631,600 K according to its annual income of 405,650 K. Last quarter, the company’s sales amounted to 173,560 K and its income totaled 106,590 K.
