DJ Texas Pacific Land Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Texas Pacific Land Corp. $(TPL)$ rallied 1.42% to $1,372.40 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.01% to 6,114.63 and Dow Jones Industrial Average falling 0.37% to 44,546.08.
This was the stock's second consecutive day of gains.
Texas Pacific Land Corp. closed 22.43% below its 52-week high of $1,769.14, which the company reached on November 25th.
The stock outperformed some of its competitors Friday, as EOG Resources Inc. $(EOG)$ rose 0.22% to $129.31, Devon Energy Corp. $(DVN)$ rose 1.23% to $34.64, and Occidental Petroleum Corp. $(OXY)$ rose 0.38% to $48.06.
Trading volume (85,779) remained 70,504 below its 50-day average volume of 156,283.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2025.
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February 14, 2025 16:58 ET (21:58 GMT)
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