How to Buy Texas Pacific Land Stock
Texas Pacific Land Corp
Texas Pacific Land is a oil and gas company located in Texas, United States, which is part of the Energy sector, and is traded under the ticker TPL on the NYSE exchange.
Texas Pacific Land stock last closed at $1,346.64, down 2.97% from the previous day, and has increased 171.54% in one year. It has overperformed other stocks in the Oil & Gas E&P industry by 1.33 percentage points. Texas Pacific Land stock is currently +187.98% from its 52-week low of $467.62, and -23.88% from its 52-week high of $1,769.14.
At the moment, there are 22.97M shares of TPL outstanding. The market cap of TPL is $30.94B. In the past 24 hours, 213,019 TPL shares were traded.
How to Buy Texas Pacific Land Stock
Not sure how to invest in Texas Pacific Land stock? Here's how.
- Choose where to buy Texas Pacific Land stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Texas Pacific Land stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit money your brokerage account: Select your payment method and add your information.
- Analyze Texas Pacific Land stock: The Texas Pacific Land ticker symbol is TPL. Is Texas Pacific Land stock a good investment? Should you buy shares of TPL? How do TPL's underlying business fundamentals look? Do top analysts think Texas Pacific Land is a good buy? Why has TPL's stock price moved recently? (Hint: Our stock research website can help you decide if TPL is a good stock to buy).
- Execute your TPL buy order: Decide if you will purchase TPL shares at the current market price or use a limit order to purchase TPL stock at a given price.
- Keep tabs on your investment in TPL: Create a watchlist to keep tabs on your new investment in Texas Pacific Land shares.
Step 1: Choose where to buy Texas Pacific Land stock
You will need an online brokerage account to access the NYSE market and buy TPL shares.
Our preferred brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, you need to fill out some personal info so you are able to buy TPL stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Submit your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've opened your account on the best stock trading app, your next step is to transfer the money for your investment:
Watch the walkthrough below to see the process of depositing funds into your new investment account.
Step 4: Analyze Texas Pacific Land stock
Once you have identified the best place to buy Texas Pacific Land stock, it's very important to analyze their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Overview of key TPL info
Texas Pacific Land Fundamentals
WallStreetZen was designed to help average investors perform better fundamental analysis in less time.
You can view all of the due diligence checks on TPL's stock page.
Is TPL stock undervalued or overvalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge TPL's true value.
Using relative valuations measures:
- TPL may be overvalued based on its P/E ratio of 69.01x, relative to Oil & Gas E&P industry P/E ratio of 16.31x
- TPL could be overvalued based on its P/B ratio of 29.41x, relative to Oil & Gas E&P industry P/B ratio of 1.77x
- TPL may be overvalued based on its PEG ratio of 24.24x
You can access more valuation research on TPL's stock here.
TPL Financials at a glance
Passed Financial Due Diligence Checks:
- TPL profit margin has gone up from 63.5% to 65.3% in the past year.
- TPL's operating cash flow of $475.53M allows it to safely service it's debt of $0.00.
- There are more short-term assets than short-term liabilities on the TPL balance sheet.
- TPL earnings of $572.98M is not enough to cover its interest payments.
- There are more short-term assets than long-term liabilities on the TPL balance sheet.
- TPL has a low debt to equity ratio of 0.12.
- Total TPL debt is lower than 5 years ago, relative to shareholder equity.
Is TPL stock a Buy, Hold, or Sell, according to analysts?
Out of 1 Wall Street analysts who give forecasts on TPL, the consensus analyst rating on Texas Pacific Land is a Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Texas Pacific Land stock forecast page.
TPL Momentum
TPL Growth Numbers
Last year, TPL earnings were $448.71M. During the past 5 year, TPL's earnings have increased by 7.79% per year. This was slower than the Oil & Gas E&P industry average of 18.22%.
Last year, TPL revenue was $686.70M. During the last 5 year, TPL's revenue has gone up by 7.86% per year. This was slower than the Oil & Gas E&P industry average of 10.62%.
You can analyze TPL's earnings and revenue performance here.
Are TPL insiders buying or selling the stock?
Over the past 12 months, executives and large shareholders at TPL have bought more shares than they have sold.
Horizon Kinetics Asset Management LLC, 10% Owner of TPL, was the latest TPL insider to buy. They bought $4,676.10 worth of TPL stock on Dec 4, 2024.
Learn more about who owns TPL shares here.
Can I rely on TPL as an income stream?
No, Texas Pacific Land doesn't provide an income stream by paying out dividends.
TPL Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your TPL buy order
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given dollar amount limit, place a limit order.
Press the Open button and eToro will place your order.
If you want additional help with buying stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in TPL
Now that you own some shares in TPL, you'll want to keep up with your investment.
Add TPL to a watchlist to keep track of your TPL stock.
TPL Feed
How to Buy Stock in Texas Pacific Land
To reiterate, here are the 6 steps to buy Texas Pacific Land stock:
- Choose where to buy Texas Pacific Land stock
- Sign up for your brokerage account
- Deposit money your brokerage account
- Analyze Texas Pacific Land stock
- Execute your TPL buy order
- Keep tabs on your investment in TPL
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to track your investment in Texas Pacific Land, create a watchlist today.
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