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Barchart
Barchart
Kritika Sarmah

Is Texas Pacific Land Stock Underperforming the S&P 500?

Texas Pacific Land Corporation (TPL) is one of the largest landowners in Texas and operates as a land and resource management company. Headquartered in Dallas, Texas, the company owns extensive acreage in the Permian Basin, one of the most productive oil and gas regions in the United States.

Companies with market capitalizations of $10 billion or more are generally classified as “large-cap stocks,” and Texas Pacific Land easily clears that bar. With a valuation of roughly $24.9 billion, the oil and gas giant stands firmly in large-cap territory, underscoring its scale and established presence within the energy space. Beyond energy production, the company monetizes its land through pipeline and power line easements, commercial leases, and temporary permits.

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