Texas Pacific Land Corp. Stock Outperforms Competitors On Strong Trading Day

Dow Jones
16 Jan

DJ Texas Pacific Land Corp. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Texas Pacific Land Corp. $(TPL)$ rallied 3.51% to $1,374.99 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.83% to 5,949.91 and the Dow Jones Industrial Average rising 1.65% to 43,221.55.

This was the stock's second consecutive day of gains.

Texas Pacific Land Corp. closed 22.28% short of its 52-week high of $1,769.14, which the company reached on November 25th.

The stock outperformed some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ rose 0.95% to $137.06, Devon Energy Corp. $(DVN)$ rose 3.36% to $38.43, and Occidental Petroleum Corp. $(OXY)$ rose 1.19% to $52.70.

Trading volume (197,842) remained 70,968 below its 50-day average volume of 268,810.

Data source: Dow Jones Market Data, FactSet. Data compiled January 15, 2025.

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January 15, 2025 17:37 ET (22:37 GMT)

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