TPL
Price:
$1093
Market Cap:
$25.13B
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses. The company's Land and Resource Management segment manages approximately 880,000 acres of land. This segment also holds own a 1/128th nonparticipating perpetual oil and gas royalty interest (NPRI) under approximately 85,000 acres of land; a 1/16th NPRI under approximately 371,000 acres of land; and approximately 4,000 additional net royalty acres located in the western part of Texas. In addition, this segment engages in easements and commercial leases activities, such as oil, gas and related hydrocarbons, power line and utility easements, and subsurface wellbore easements...[Read more]
Industry
Oil & Gas Exploration & Production
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
TPL
According to Texas Pacific Land Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 7.05. This represents a change of -37.25% compared to the average of 11.23 of the last 4 quarters.
The mean historical Current Ratio of Texas Pacific Land Corporation over the last ten years is 17.18. The current 7.05 Current Ratio has changed 4.00% with respect to the historical average. Over the past ten years (40 quarters), TPL's Current Ratio was at its highest in in the September 2016 quarter at 32.33. The Current Ratio was at its lowest in in the March 2018 quarter at 6.58.
Average
17.18
Median
17.13
Minimum
8.33
Maximum
29.95
Discovering the peaks and valleys of Texas Pacific Land Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 48.56%
Maximum Annual Current Ratio = 29.95
Minimum Annual Increase = -59.91%
Minimum Annual Current Ratio = 8.33
Year | Current Ratio | Change |
---|---|---|
2024 | 8.33 | -57.11% |
2023 | 19.43 | 48.56% |
2022 | 13.08 | 38.99% |
2021 | 9.41 | -59.91% |
2020 | 23.47 | 21.23% |
2019 | 19.36 | 24.56% |
2018 | 15.55 | 7.03% |
2017 | 14.52 | -22.41% |
2016 | 18.72 | -37.50% |
2015 | 29.95 | 27.01% |
The current Current Ratio of Texas Pacific Land Corporation (TPL) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
13.61
5-year avg
14.75
10-year avg
17.18
Texas Pacific Land Corporation’s Current Ratio is greater than Magnolia Oil & Gas Corporation (1.33), greater than Civitas Resources, Inc. (0.52), greater than California Resources Corporation (0.83), greater than Matador Resources Company (0.79), greater than Chord Energy Corporation (0.89), greater than Diamondback Energy, Inc. (0.86), greater than Antero Resources Corporation (0.39), greater than Callon Petroleum Company (0.39), greater than Earthstone Energy, Inc. (0.65), greater than Vital Energy, Inc. (0.67), greater than Range Resources Corporation (0.56), greater than Chesapeake Energy Corporation (0.59), less than EQT Corporation (7.41), greater than Comstock Resources, Inc. (0.40), greater than Kimbell Royalty Partners, LP (6.01), greater than Black Stone Minerals, L.P. (1.35), greater than Sabine Royalty Trust (0), greater than PermRock Royalty Trust (3.05), less than Dorchester Minerals, L.P. (13.19), greater than ConocoPhillips (1.27), greater than Pioneer Natural Resources Company (0.90), greater than APA Corporation (0.89), greater than Hess Corporation (1.08),
Company | Current Ratio | Market cap |
---|---|---|
1.33 | $4.51B | |
0.52 | $3.05B | |
0.83 | $4.20B | |
0.79 | $6.33B | |
0.89 | $6.11B | |
0.86 | $44.13B | |
0.39 | $13.08B | |
0.39 | $2.38B | |
0.65 | $2.98B | |
0.67 | $824.21M | |
0.56 | $9.97B | |
0.59 | $10.70B | |
7.41 | $34.82B | |
0.40 | $7.75B | |
6.01 | $1.74B | |
1.35 | $2.85B | |
0 | $968.36M | |
3.05 | $48.54M | |
13.19 | $1.31B | |
1.27 | $119.93B | |
0.90 | $63.00B | |
0.89 | $7.40B | |
1.08 | $43.84B |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Texas Pacific Land Corporation using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Texas Pacific Land Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Texas Pacific Land Corporation's Current Ratio?
How is the Current Ratio calculated for Texas Pacific Land Corporation (TPL)?
What is the highest Current Ratio for Texas Pacific Land Corporation (TPL)?
What is the 3-year average Current Ratio for Texas Pacific Land Corporation (TPL)?
What is the 5-year average Current Ratio for Texas Pacific Land Corporation (TPL)?
How does the current Current Ratio for Texas Pacific Land Corporation (TPL) compare to its historical average?