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Horizon Kinetics Asset Management LLC, a ten percent owner of Texas Pacific Land Corp (NYSE:TPL), reported purchasing 1 share of common stock on July 7, 2025. TPL, with a market capitalization of $24.1 billion, maintains impressive gross profit margins of 93.54% and boasts a "GREAT" financial health score according to InvestingPro analysis. The price for this transaction was $1042.95, amounting to a total value of $1,042. The stock currently trades at $1,048.80, slightly above the insider purchase price, with InvestingPro analysis indicating the stock is overvalued at current levels. Following the transaction, Horizon Kinetics Asset Management LLC directly owns 1,163,947 shares of Texas Pacific Land Corp. For deeper insights into insider trading patterns and comprehensive analysis, including 14 additional ProTips, check out TPL’s Pro Research Report, available exclusively on InvestingPro.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, revealing a revenue shortfall. The company posted revenue of $196 million, missing the anticipated $228 million, while earnings per share came in slightly below expectations at $5.24 compared to the forecasted $5.27. Despite the revenue miss, Texas Pacific Land maintained a strong adjusted EBITDA margin of 86.4% and reported a 25% year-over-year growth in oil and gas royalty production. Texas Capital Securities recently upgraded Texas Pacific Land’s stock from Hold to Buy, citing a positive outlook on the company’s desalination project and potential consolidation in the Permian Basin. The firm noted that Texas Pacific Land has underperformed its closest peer by 25% since March, yet remains optimistic about its future prospects. Additionally, the company is advancing discussions on its power generation and data center opportunities, with plans to commercially de-risk its desalination project by the end of the year. These developments reflect Texas Pacific Land’s strategic focus on water management and innovative solutions, positioning it for long-term success.
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