DJ Texas Pacific Land Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Texas Pacific Land Corp. $(TPL)$ shed 4.91% to $1,356.38 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.76% to 5,849.72 and Dow Jones Industrial Average falling 1.48% to 43,191.24.
The stock's fall snapped a three-day winning streak.
Texas Pacific Land Corp. closed 23.33% below its 52-week high of $1,769.14, which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as EOG Resources Inc. $(EOG)$ fell 5.04% to $120.54, Devon Energy Corp. $(DVN)$ fell 5.00% to $34.41, and Occidental Petroleum Corp. $(OXY)$ fell 4.89% to $46.45.
Trading volume (176,453) eclipsed its 50-day average volume of 140,023.
Data source: Dow Jones Market Data, FactSet. Data compiled March 3, 2025.
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(END) Dow Jones Newswires
March 03, 2025 16:56 ET (21:56 GMT)
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