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Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp (NASDAQ:TPL), has disclosed purchasing 1 share of common stock in Texas Pacific Land Corp (NASDAQ:TPL) on September 25, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The company, which boasts an impressive 94.5% gross profit margin and maintains a robust market capitalization of $21.87 billion, has received a "GREAT" financial health rating from InvestingPro. The share was bought at $929.38, for a total transaction value of $929. Following the transaction, Horizon Kinetics Asset Management LLC directly owns 1,164,004 shares of Texas Pacific Land Corp. The stock, which has maintained dividend payments for 12 consecutive years, currently trades near $951.50. InvestingPro analysis reveals 13 additional key insights about TPL’s valuation and financial strength, available in the comprehensive Pro Research Report.
In other recent news, Texas Pacific Land Corporation reported its second-quarter 2025 earnings, which did not meet analysts’ expectations. The company’s earnings per share (EPS) were $5.05, which was below the anticipated $5.48, representing a 7.85% negative surprise. Additionally, revenue figures fell short of projections, reaching $187.54 million compared to the expected $204 million, an 8.07% shortfall. In another development, Texas Pacific Land announced it would dual list its common stock on the new NYSE Texas exchange while maintaining its primary listing on the New York Stock Exchange. This move will commence on August 15, 2025, and the company will join as a Founding Member. Furthermore, board member Eric L. Oliver has decided not to stand for reelection at the company’s 2025 annual meeting of stockholders. The company clarified that Mr. Oliver’s decision was not due to any disagreement with the company or its board.
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