Texas Pacific Land (NYSE:TPL) Reports Robust Earnings and Declares US$1.6 Dividend

Simply Wall St.
04-06

Texas Pacific Land saw a 10% decline over the last quarter amid various financial developments and broader market volatility. The company declared a quarterly dividend of $1.60 per share and reported a robust earnings increase for 2024, with annual revenue and net income rising compared to the previous year. However, Texas Pacific's repurchase of a small tranche of shares and the recent earnings report might have had limited immediate impact on investor sentiment. The company's stock performance also coincided with broader market turmoil; major indices such as the S&P 500 dropped 9% amidst fears of a global trade slowdown.

Texas Pacific Land has 2 weaknesses (and 1 which can't be ignored) we think you should know about.

NYSE:TPL Earnings Per Share Growth as at Apr 2025

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The last five years have seen Texas Pacific Land (NYSE:TPL) achieve a very large total shareholder return of 577.32%. This impressive performance can be partly attributed to their strategic inclusion in major indices like the S&P Global 1200 and S&P 500 in late 2024. Additionally, Texas Pacific completed substantial share repurchases amounting to US$71.55 million in early 2025, which may have positively influenced investor confidence. Another significant move was the acquisition of Permian oil and gas mineral interests for US$286 million in October 2024, potentially enhancing their asset portfolio.

Beyond these developments, Texas Pacific consistently increased its dividends, including a hike to US$1.60 per share in 2024. Coupled with robust earnings growth of 17.4% annually over the past five years, these factors have likely driven long-term value for shareholders. Despite a challenging broader market environment, as seen with major indices declines, TPL's remarkable returns set them apart from both the US Oil and Gas industry and the overall US market in the past year.

Click here and access our complete financial health analysis report to understand the dynamics of Texas Pacific Land.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include NYSE:TPL.

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免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

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