Street Calls of the Week
Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp (NASDAQ:TPL), has disclosed purchasing 1 share of common stock. The transaction, which occurred on September 10, 2025, was priced at $923.41, for a total value of $923. The $21.5 billion market cap company currently trades at a P/E ratio of 47x, with InvestingPro analysis indicating the stock is trading above its Fair Value. Following the transaction, Horizon Kinetics Asset Management LLC directly owns 1,163,993 shares of Texas Pacific Land Corp. The company boasts impressive gross profit margins of 94.5% and has maintained dividend payments for 12 consecutive years. InvestingPro subscribers can access 12 additional key insights and a comprehensive Pro Research Report, offering deeper analysis of insider trading patterns and valuation metrics.
In other recent news, Texas Pacific Land Corporation reported its Q2 2025 earnings, which fell short of expectations. The company’s earnings per share (EPS) were $5.05, missing the anticipated $5.48, resulting in a 7.85% negative surprise. Revenue also did not meet forecasts, coming in at $187.54 million compared to the projected $204 million, marking an 8.07% shortfall. Additionally, Texas Pacific Land announced it will dual list its common stock on the NYSE Texas exchange, while maintaining its primary listing on the New York Stock Exchange. The company will start trading on NYSE Texas on August 15, 2025, as a Founding Member. In another development, board member Eric L. Oliver has decided not to stand for reelection at the company’s 2025 annual meeting of stockholders. According to the company’s statement, Mr. Oliver’s decision is not due to any disagreement with the company or its board. These recent developments provide investors with key insights into Texas Pacific Land’s current business environment.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.