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