DJ Texas Pacific Land Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Texas Pacific Land Corp. $(TPL)$ rallied 1.55% to $1,275.23 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.92% to 6,067.70 and the Dow Jones Industrial Average rising 0.31% to 44,850.35.
The stock's rise snapped a four-day losing streak.
Texas Pacific Land Corp. closed 27.92% short of its 52-week high of $1,769.14, which the company achieved on November 25th.
The stock outperformed some of its competitors Tuesday, as EOG Resources Inc. $(EOG)$ fell 1.30% to $130.25, Devon Energy Corp. $(DVN)$ fell 1.27% to $34.88, and Occidental Petroleum Corp. $(OXY)$ fell 1.13% to $49.00.
Trading volume (144,850) remained 125,792 below its 50-day average volume of 270,642.
Data source: Dow Jones Market Data, FactSet. Data compiled January 28, 2025.
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January 28, 2025 17:01 ET (22:01 GMT)
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