TPL
Price:
$919.75
Market Cap:
$21.14B
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 ROE is 38.14%. This represents a change of 298.10% compared to the average of 9.58% of the last 4 quarters.
The mean historical ROE of Texas Pacific Land Corporation over the last ten years is 64.65%. The current 38.14% ROE has changed -41.00% with respect to the historical average. Over the past ten years (40 quarters), TPL's ROE was at its highest in in the September 2017 quarter at 48.65%. The ROE was at its lowest in in the June 2020 quarter at 5.83%.
Average
64.65%
Median
59.99%
Minimum
36.28%
Maximum
109.52%
Discovering the peaks and valleys of Texas Pacific Land Corporation ROE, 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 = 39.41%
Maximum Annual ROE = 109.52%
Minimum Annual Increase = -41.70%
Minimum Annual ROE = 36.28%
| Year | ROE | Change |
|---|---|---|
| 2024 | 40.09% | 3.09% |
| 2023 | 38.88% | -32.67% |
| 2022 | 57.75% | 39.41% |
| 2021 | 41.43% | 14.17% |
| 2020 | 36.28% | -41.70% |
| 2019 | 62.23% | -27.39% |
| 2018 | 85.71% | -11.11% |
| 2017 | 96.42% | 23.31% |
| 2016 | 78.19% | -28.60% |
| 2015 | 109.52% | -15.82% |
The current ROE 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
45.57%
5-year avg
42.89%
10-year avg
64.65%
Texas Pacific Land Corporation’s ROE is less than Devon Energy Corporation (18.29%), less than Coterra Energy Inc. (11.09%), less than Pembina Pipeline Corporation (10.84%), less than Tenaris S.A. (11.86%), less than Venture Global, Inc. (45.77%), less than Expand Energy Corporation (4.90%), less than Halliburton Company (12.59%), less than Ecopetrol S.A. (12.84%), less than TechnipFMC plc (30.53%), less than Expand Energy Corporation (4.90%),
| Company | ROE | Market cap |
|---|---|---|
| 18.29% | $24.12B | |
| 11.09% | $20.82B | |
| 10.84% | $22.80B | |
| 11.86% | $22.18B | |
| 45.77% | $17.19B | |
| 4.90% | $29.08B | |
| 12.59% | $23.96B | |
| 12.84% | $20.68B | |
| 30.53% | $19.42B | |
| 4.90% | $27.53B |
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