DJ Texas Pacific Land Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Texas Pacific Land Corp. $(TPL)$ slipped 0.03% to $1,300.57 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
The stock's fall snapped a six-day winning streak.
Texas Pacific Land Corp. closed $468.57 short of its 52-week high ($1,769.14), which the company reached on November 25th.
The stock underperformed when compared to some of its competitors Monday, as EOG Resources Inc. $(EOG)$ rose 2.34% to $134.49, Devon Energy Corp. $(DVN)$ rose 2.17% to $36.77, and Occidental Petroleum Corp. $(OXY)$ rose 2.69% to $52.68.
Trading volume (155,331) remained 110,820 below its 50-day average volume of 266,151.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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January 13, 2025 17:03 ET (22:03 GMT)
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