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Director Eric L. Oliver reported purchasing shares of Texas Pacific Land Corp (NYSE:TPL) in two transactions, with a total value of $181,000. The insider purchase comes as TPL shares have declined about 37% over the past six months, though InvestingPro analysis shows the company maintains excellent financial health with a "GREAT" overall rating.
According to a Form 4 filing with the Securities and Exchange Commission, Oliver acquired 200 shares of Texas Pacific Land common stock. The purchases were executed in two tranches: 100 shares on August 14, 2025, at a price of $915.00 per share, and another 100 shares on August 15, 2025, at $895.00 per share. TPL, with its impressive 94.5% gross profit margin and market capitalization of $20.6 billion, stands out in the industry. Get the complete picture with InvestingPro’s detailed research report, which includes 15 additional key insights about TPL’s performance and valuation.
Following the transactions, Oliver directly owns 1,089 shares. He also has indirect ownership of 393,500 shares through SoftVest, L.P., 6,750 shares through Debeck LLC and Debeck Properties LP, and 1,050 shares held in trust for his grandchildren.
In other recent news, Texas Pacific Land Corporation reported its Q2 2025 earnings, which did not meet analyst expectations. The company announced earnings per share of $5.05, falling short of the projected $5.48, resulting in a 7.85% negative surprise. Additionally, revenue was reported at $187.54 million, missing the forecasted $204 million by 8.07%. These results reflect a challenging quarter for the company, with both earnings and revenue not aligning with market predictions. In another development, Texas Pacific Land Corporation revealed plans to dual list its common stock on the newly established NYSE Texas exchange. The company will maintain its primary listing on the New York Stock Exchange while joining NYSE Texas as a Founding Member. This move is set to take effect on August 15, 2025, and aims to broaden the company’s trading presence.
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