DJ Texas Pacific Land Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Texas Pacific Land Corp. $(TPL)$ shed 3.22% to $1,360.06 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.29% to 6,101.24 and Dow Jones Industrial Average falling 0.32% to 44,424.25.
This was the stock's third consecutive day of losses.
Texas Pacific Land Corp. closed 23.12% below its 52-week high of $1,769.14, which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Friday, as EOG Resources Inc. $(EOG)$ fell 1.61% to $131.82, Devon Energy Corp. $(DVN)$ fell 1.34% to $35.96, and Occidental Petroleum Corp. $(OXY)$ fell 2.09% to $49.29.
Trading volume (123,064) remained 145,062 below its 50-day average volume of 268,126.
Data source: Dow Jones Market Data, FactSet. Data compiled January 24, 2025.
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January 24, 2025 16:30 ET (21:30 GMT)
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