Texas Pacific Land Corporation (NYSE: TPL) on Friday, soared 3.36% from the previous trading day, before settling in for the closing price of $1096.33. Within the past 52 weeks, TPL’s price has moved between $461.25 and $1769.14.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Energy sector was 16.10%. The company achieved an average annual earnings per share of -8.70%. With a float of $22.95 million, this company’s outstanding shares have now reached $22.97 million.
Considering the fact that the conglomerate employs 100 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Oil & Gas E&P industry stocks is more important than anything else. The insider ownership of Texas Pacific Land Corporation is 0.10%, while institutional ownership is 68.70%. The most recent insider transaction that took place on Dec 19 ’24, was worth 1,109. In this transaction 10% Owner of this company bought 1 shares at a rate of $1109.00, taking the stock ownership to the 1,138,394 shares. Before that another transaction happened on Dec 18 ’24, when Company’s 10% Owner bought 1 for $1204.77, making the entire transaction worth $1,205. This insider now owns 1,138,393 shares in total.
Texas Pacific Land Corporation (TPL) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -8.70% per share during the next fiscal year.
Texas Pacific Land Corporation (NYSE: TPL) Trading Performance Indicators
Texas Pacific Land Corporation (TPL) is currently performing well based on its current performance indicators. A quick ratio of 11.50 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 37.91. Likewise, its price to free cash flow for the trailing twelve months is 57.25.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 19.49
Technical Analysis of Texas Pacific Land Corporation (TPL)
Compared to the last year’s volume of 0.13 million, its volume of 0.26 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 7.12%. Additionally, its Average True Range was 76.90.
During the past 100 days, Texas Pacific Land Corporation’s (TPL) raw stochastic average was set at 38.39%, which indicates a significant increase from 9.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 67.11% in the past 14 days, which was higher than the 52.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1,278.36, while its 200-day Moving Average is $861.40. Nevertheless, the first resistance level for the watch stands at $1,149.72 in the near term. At $1,166.33, the stock is likely to face the second major resistance level. The third major resistance level sits at $1,196.81. If the price goes on to break the first support level at $1,102.63, it is likely to go to the next support level at $1,072.15. Now, if the price goes above the second support level, the third support stands at $1,055.54.
Texas Pacific Land Corporation (NYSE: TPL) Key Stats
Market capitalization of the company is 26.03 billion based on 22,975K outstanding shares. Right now, sales total 631,600 K and income totals 405,650 K. The company made 173,560 K in profit during its latest quarter, and 106,590 K in sales during its previous quarter.
