DJ Texas Pacific Land Corp. Stock Outperforms Competitors Despite Losses On The Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Texas Pacific Land Corp. $(TPL)$ shed 1.54% to $1,343.16 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 6,051.97 and Dow Jones Industrial Average falling 0.50% to 44,368.56.

This was the stock's second consecutive day of losses.

Texas Pacific Land Corp. closed 24.08% short of its 52-week high of $1,769.14, which the company reached on November 25th.

Despite its losses, the stock outperformed some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ fell 2.61% to $128.84, Devon Energy Corp. $(DVN)$ fell 3.27% to $33.97, and Occidental Petroleum Corp. $(OXY)$ fell 1.60% to $47.83.

Trading volume (109,949) remained 53,958 below its 50-day average volume of 163,907.

Data source: Dow Jones Market Data, FactSet. Data compiled February 12, 2025.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

February 12, 2025 16:59 ET (21:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.