DJ Texas Pacific Land Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Texas Pacific Land Corp. $(TPL)$ advanced 1.84% to $1,357.26 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
This was the stock's fourth consecutive day of gains.
Texas Pacific Land Corp. closed 23.28% short of its 52-week high of $1,769.14, which the company achieved on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as EOG Resources Inc. $(EOG)$ rose 1.36% to $128.12, Devon Energy Corp. $(DVN)$ rose 1.99% to $34.42, and Occidental Petroleum Corp. $(OXY)$ rose 2.63% to $47.59.
Trading volume (95,489) remained 178,465 below its 50-day average volume of 273,954.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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February 04, 2025 16:59 ET (21:59 GMT)
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