Texas Pacific Land Corporation (TPL) is one of the largest landowners in Texas, primarily engaged in managing and monetizing vast land holdings in the oil-rich Permian Basin. Valued at a market cap of $31.5 billion, it generates revenue through land sales, easements, royalties from oil and gas production, and water services for energy operations.
TPL shares have substantially exceeded the broader market over the past year, surging 186.6% over the past 52 weeks and rising 24.1% in 2025. Meanwhile, the S&P 500 Index ($SPX) has soared 22.3% over the past year and is up 4% on a YTD basis.
