Texas Pacific Land Corporation’s Stock Performance
Texas Pacific Land Corporation’s stock price has remained relatively stable over the past period. However, it has not kept pace with the overall market performance.
Market Comparison The company’s stock price has underperformed compared to the Nasdaq index.
Recent Developments Texas Capital has upgraded the company’s operations in the energy sector, citing potential growth in the data center and energy transition segments.
Revenue Streams The company’s income is derived from the following sources:
- Land sales
- Oil royalties
Key Takeaways The company’s stock performance has been underwhelming despite recent upgrades from Texas Capital. The company’s revenue streams are diversified, including land sales and oil royalties.