Why is TPL down?
Down 13% on Nov 4, and still 16% under its Nov 3 close.
- The S&P 500 rose 2% that day;
−3Long-term trend
Down 13% on Nov 4, and still 16% under its Nov 3 close.
−3Long-term trend
TPL's Quality Score fell 1 point on Tue, Nov 10, to 3. It did not trade higher than the day before.
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| Since its 2024 high | Down 52% |
| Latest filing | 8-K, Nov 4 |
Thu Nov 5Texas Pacific Land reported $273.4 million of quarterly revenue and a profit of $2.42 a share
“Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war”
TPL closed −13.4% that day.
Tue Dec 1: Ex-dividend, $0.60 a shareAt the open. Pays Dec 15.
After its last 4 reports it closed -1.7% on average, higher 1 of 4 times.
TPL is #112 of 163 by Quality Score.
| Rank | Stock | Quality Score |
|---|---|---|
| 1 | ||
| 2 | ||
| 3 | ||
| Open for its score | ||
| 112 |
Expected to report Wed Feb 17, after the close (in 99 days).
What an earnings report is: every 3 months, a company tells everyone how much it sold and earned. We read the figures, the outlook, and how the stock moved after.
Sales of $273.4M, 53% less than a year ago; a profit of $2.42 a share, from $5.19.
| Line | Q3 2026 | Q2 2026 | Q3 2025 |
|---|---|---|---|
| Oil and Gas Royalties | $167M | $146M | $109M |
Each quarter's sales and their share of its total. Figures as filed (SEC filing, Nov 4)
No outlook figures read from this release.
Sales grew 21% a year over 5 years, fiscal 2020 to 2025.
Pays $2.40 a share a year.
| Reported | Gap | Reaction | 5 days |
|---|---|---|---|
| Nov 4, 2026 | +4.6% | -5.4% | not yet |
| Aug 5, 2026 | +3.2% | -6.9% | -10.2% |
| May 6, 2026 | +1.3% | -4.9% | -7.9% |
Sales grew in five of the last seven years, to $798M in 2025. It made a profit in each of the eight years.
RSI 25.7, MACD below signal, below both averages. Not scored.
2 insiders bought $41K across 96 filings in the last 6 months. No open-market sales on record. The newest:
6 trades disclosed in the last six months. The newest:
Officers and directors with a Form 4 in the last 12 months.
In ETFs: TPL is under 0.1% of VIG, under 0.1% of SCHG, and under 0.1% of IVV, the most of the 24 funds Breakaway covers, by each fund's latest filing, Jun 30 to Aug 31, 2026.
Texas Pacific Land Corp is mainly engaged in the sales and leases of land owned, retaining oil and gas royalties, and the overall management of the land owned. The group operates its business in two reportable segments: Land and Resource Management and Water Service and Operations. The Land and Resource Management segment, which generates maximum revenue, focuses on managing its several surface acres of land and its oil and gas royalty interests, principally concentrated in the Permian Basin. The revenue streams of this segment consist of royalties from oil and gas, revenues from easements and commercial leases, and land and material sales. The Water Services and Operations segment encompasses the business of providing a full-service water offering to operators in the Permian Basin.
“Our Land and Resource Management segment has few direct peers, in that it sells, leases and generally manages land owned by the Company and, as such, any owner of property located in areas comparable to the Company is a potential competitor.”
TPL scores 3 today, which Breakaway calls Below Average. It is #112 of 163 in Energy by Quality Score, with 0 of 14 chart checks firing. Down 13% on Nov 4, and still 16% under its Nov 3 close. Breakaway does not say whether to buy any stock: the score does not know your situation, and it is not a recommendation to buy or sell anything. Please do your own research.
TPL scores 3 today, which Breakaway calls Below Average (0 to 5). That is #112 of 163 in Energy by Quality Score. The score adds up the chart checks, the trend, the company's filed sales, its profits, the news, insider trades, and Congress trades. The section above lists the lines behind TPL's 3.
2 insiders bought $41K across 96 filings in the last 6 months. No open-market sales on record. The newest is Horizon Kinetics Asset Management LLC, 10% owner, who bought $1K on Sep 29. Every filing, with the scored weight, for Pro members.
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Insider and Congress trades, the chart, and the financials, in one score.
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