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Texas Pacific Land Corporation (TPL) Stock Analysis

SellVALUE-TRAP 1/5Moderate Confidence

Energy · Oil & Gas E&P

Earnings in 6 days (2026-05-06). Expect elevated volatility around the report — consider waiting for post-earnings price action before new entries.

Sell if holding. At $436.71, A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Permian Basin; Concentration risk — Commodity: oil and gas royalties (52.0%).

Texas Pacific Land holds ~882,000 surface acres principally in the Permian Basin plus ~224,000 net royalty acres of oil and gas interests. Revenue in 2025 was $798.2M total: oil/gas royalties ($411.7M, 52%), water sales ($169.7M, 21%), produced water royalties ($124.2M, 16%),... Read more

$436.71+2.7% A.UpsideScore 5.1/10#27 of 37 Oil & Gas E&P
Stop $406.72Target $449.20(resistance)A.R:R -0.9:1
Analyst target$445.50+2.0%2 analysts
$449.20our TP
$436.71price
$445.50mean
$252
$639

Sell if holding. At $436.71, A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Permian Basin; Concentration risk — Commodity: oil and gas royalties (52.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Score 5.1/10, moderate confidence.

Passes 4/7 gates (clean insider activity, no SEC red flags, news events none recent, semi cycle peak clear). Fails on weak momentum and favorable risk/reward ratio and earnings proximity 6d<=7d. Suitability: moderate.

Thesis

Rewards
High-quality business
Risks
Concentration risk — Geographic: Permian Basin
Concentration risk — Commodity: oil and gas royalties (52.0%)
Analyst target reached - limited upside remaining

Key Metrics

P/E (TTM)62.9
P/E (Fwd)6.0
Mkt Cap$30.3B
EV/EBITDA46.0
Profit Mgn60.3%
ROE37.2%
Rev Growth13.9%
Beta0.77
Dividend0.55%
Rating analysts8

Quality Signals

Piotroski F8/9

Options Flow

P/C1.46bearish
IV59%elevated

Concentration Risks(10-K Item 1A)

  • MEDIUMCustomertop 3 customers40%
    10-K Item 1: 'While approximately 40% of our 2025 revenue was derived from only three customers'
  • HIGHGeographicPermian Basin
    10-K Item 1: 'approximately 882,000 surface acres of land, principally concentrated in the Permian Basin'
  • HIGHCommodityoil and gas royalties52%
    10-K Item 1: 'Oil and gas royalties ... 52 | %'

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. Full disclaimer

Rating Breakdown

10 dimensions · all in-band

GatesMomentum 4.5<4.5A.R:R -0.9=NEGATIVEEARNINGS PROXIMITY 6d<=7dInsider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTSEMI CYCLE PEAK CLEARSuitability: Moderate
RSI
71 · Overbought
20D MA 50D MA 200D MAGOLDEN CROSSSupport $370.41Resistance $458.37

Price Targets

$407
$449
A.Upside+2.9%
A.R:R-0.9:1

Position Sizing

ConvictionNone
Suggested %0.5%
Max %1%
RegimeSteady

Risk Alerts

! Target reached (-13.4% upside)
! Momentum score 4.5/10 — below 4.5 minimum
! Negative risk/reward — downside exceeds upside

Earnings

M
M
M
M
0/4 beats
Next Earnings2026-05-06 (6d)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is TPL stock a buy right now?

Sell if holding. At $436.71, A.R:R is negative (-0.9) — price has exceeded the analyst target. Reward from here is too thin for a buy — the engine flags exit. Additional concerns: Concentration risk — Geographic: Permian Basin; Concentration risk — Commodity: oil and gas royalties (52.0%). Chart setup: No recognized chart pattern (not a breakout, bounce, continuation, recovery, falling knife, or range) — technicals mixed. Prior stop was $406.72. Score 5.1/10, moderate confidence.

What is the TPL stock price target?

Take-profit target: $449.20 (+2.7% upside). Prior stop was $406.72. Stop-loss: $406.72.

What are the risks of investing in TPL?

Concentration risk — Geographic: Permian Basin; Concentration risk — Commodity: oil and gas royalties (52.0%); Analyst target reached - limited upside remaining.

Is TPL overvalued or undervalued?

Texas Pacific Land Corporation trades at a P/E of 62.9 (forward 6.0). TrendMatrix value score: 4.8/10. Verdict: Sell.

What do analysts say about TPL?

8 analysts cover TPL with a consensus score of 3.8/5. Average price target: $446.

What does Texas Pacific Land Corporation do?Texas Pacific Land holds ~882,000 surface acres principally in the Permian Basin plus ~224,000 net royalty acres of oil...

Texas Pacific Land holds ~882,000 surface acres principally in the Permian Basin plus ~224,000 net royalty acres of oil and gas interests. Revenue in 2025 was $798.2M total: oil/gas royalties ($411.7M, 52%), water sales ($169.7M, 21%), produced water royalties ($124.2M, 16%), and easements/other ($92.8M, 11%). Three investment-grade Permian Basin operators drove approximately 40% of 2025 revenue.

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