DJ Texas Pacific Land Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Texas Pacific Land Corp. $(TPL)$ advanced 1.55% to $1,330.70 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Texas Pacific Land Corp. closed 24.78% short of its 52-week high of $1,769.14, which the company achieved on November 25th.
The stock outperformed some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 0.22% to $111.57, Devon Energy Corp. $(DVN)$ fell 0.38% to $31.08, and Occidental Petroleum Corp. $(OXY)$ fell 0.35% to $39.83.
Trading volume (109,099) remained 26,786 below its 50-day average volume of 135,885.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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(END) Dow Jones Newswires
April 23, 2025 16:56 ET (20:56 GMT)
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