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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 $576.33, up 2.97% from the previous day, and has increased 3.28% in one year. It has underperformed other stocks in the Oil & Gas E&P industry by 0.19 percentage points. Texas Pacific Land stock is currently +36.55% from its 52-week low of $422.07, and -13.55% from its 52-week high of $666.67.

At the moment, there are 23.01M shares of TPL outstanding. The market cap of TPL is $13.26B. In the past 24 hours, 71,543 TPL shares were traded.

How to Buy Texas Pacific Land Stock

Not sure how to invest in Texas Pacific Land stock? Here's how.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Select your payment method and add your information.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that enables you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 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.

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  2. Enter your personal info to create your new brokerage account.
  1. Submit your data by hitting the "Create Account" button.
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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.

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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

TPL Price
$576.33
1w %
2.2%
1y %
3.28%
5y %
122.25%
P/E
32.74x
P/B
12.71x
P/S
21.03x
PEG
0.73x
Revenue
$631.60M
Earnings
$405.65M
Fore. Rev. Growth
12.45%
Fore. Earn. Growth
50.04%
Market Cap
$13.26B
Next Earnings
May 1, 2024
Next Dividend
N/A

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 32.74x, relative to Oil & Gas E&P industry P/E ratio of 12.88x
  • TPL could be overvalued based on its P/B ratio of 12.71x, relative to Oil & Gas E&P industry P/B ratio of 2.07x
  • TPL may be undervalued based on its PEG ratio of 0.73x

You can access more valuation research on TPL's stock here.

TPL Financials at a glance

Passed Financial Due Diligence Checks:

  • TPL earnings of $517.56M is not enough to cover its interest payments.
  • TPL's operating cash flow of $418.29M allows it to safely service it's debt of $1.17M.
  • There are more short-term assets than short-term liabilities on the TPL balance sheet.
  • Total TPL debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the TPL balance sheet.
  • TPL has a low debt to equity ratio of 0.11.

Failed Financial Due Diligence Checks:

  • TPL profit margin has gone down from 66.9% to 64.2% in the past year.

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 Hold

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

SMA10
562.53
SMA20
538.68
SMA50
513.82
SMA100
525.77
SMA200
542.82
MACD
16.86
MACD Signal
13.87
MACD Histogram
2.98
RSI
67.61
Stochastic %K
88.55
Stochastic %D
90.47
StochRSI %K
78.87
StochRSI %D
85.54

TPL Growth Numbers

Last year, TPL earnings were $405.65M. During the past 5 year, TPL's earnings have increased by 14.42% per year. This was slower than the Oil & Gas E&P industry average of 15.38%.

Last year, TPL revenue was $631.60M. During the last 5 year, TPL's revenue has gone up by 16.04% per year. This was slower than the Oil & Gas E&P industry average of 20.15%.

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.

Murray Stahl, Director of TPL, was the latest TPL insider to buy. They bought $5,173.68 worth of TPL stock on Mar 25, 2024.

Learn more about who owns TPL shares here.

Can I rely on TPL as an income stream?

Texas Pacific Land pays a dividend of 0.56%, compared to the Oil & Gas E&P industry's average dividend yield of 3.64%. If you owned $1,000 of TPL stock, you would have been paid $5.64 last year.

Texas Pacific Land dividend payments have consistently grown over the past decade but have not remained stable.

Dig into more analysis about Texas Pacific Land dividend yield and history here.

Get analysis from other investors

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Click below to see what other investors have to say.

Step 5: Execute your TPL buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a security at the best price on the market.
    Market orders are mostly the best for newer investors.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.

Press the Open button and eToro will execute the order.

If you need more info about investing in stocks on eToro, click the helpful video below:

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Step 6: Keep tabs on your investment in TPL

Now that you own some shares in TPL, you'll want to stay up-to-date on your investment.

Put TPL on a watchlist to get notified of the latest news about your TPL stock.

TPL Feed

How to Buy Stock in Texas Pacific Land

To summarize, here are the 6 steps for buying Texas Pacific Land stock:

  1. Choose where to buy Texas Pacific Land stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Texas Pacific Land stock
  5. Execute your TPL buy order
  6. Keep tabs on your investment in TPL

If you need a place to buy stocks, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to get the latest news on your investment in Texas Pacific Land, add TPL to your watchlist below.

NYSE: TPL
$576.33+16.60 (+2.97%)
Updated Mar 27, 2024
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NYSE: TPL
$576.33+16.60 (+2.97%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Texas Pacific Land share?

As of Mar 27, 2024, it costs $576.33 to buy one share of Texas Pacific Land stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $100, you can buy 0.174 shares of TPL.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Texas Pacific Land stock?

According to 1 Wall Street analysts who monitor Texas Pacific Land, their consensus recommendation is to hold Texas Pacific Land stock.

What is the best way to buy Texas Pacific Land stock?

One way to place an order for Texas Pacific Land stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.