How are energy investors positioned?
Texas Pacific Land Corp (NYSE:TPL), a $27.46 billion market cap company with an impressive 93.54% gross profit margin and "GREAT" financial health according to InvestingPro, recently saw some insider activity as Murray Stahl, a director of the company, purchased shares of common stock. According to a recent SEC filing, Stahl acquired a total of nine shares on May 28, 2025, with prices ranging from $1,234.60 to $1,249.94 per share. The total value of these transactions amounted to $12,484. The stock, currently trading at $1,194.60, is considered overvalued based on InvestingPro’s Fair Value analysis.
These transactions were conducted under a Rule 10b5-1 plan, which was adopted on November 21, 2024. The acquisitions were made through various entities associated with Horizon Kinetics, where Stahl holds significant positions. Following these transactions, Stahl’s direct and indirect holdings in Texas Pacific Land Corp have been updated, though he does not exercise investment discretion with respect to the securities of the issuer.
The filing also mentioned that Horizon Kinetics Asset Management LLC, where Stahl serves as Chairman, CEO, and Chief Investment Officer, reported beneficial ownership of a substantial number of shares, though Stahl himself does not participate in investment decisions regarding the issuer’s securities.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, revealing a miss on revenue expectations. The company posted earnings per share of $5.24, slightly below the forecasted $5.27, while revenue reached $196 million, falling short of the anticipated $228 million. Despite the revenue shortfall, Texas Pacific maintained a strong adjusted EBITDA margin of 86.4%. The company also reported a 25% year-over-year growth in oil and gas royalty production, averaging 31,100 barrels of oil equivalent per day. Texas Pacific’s strategic focus remains on water management and desalination projects, which they believe will drive long-term success. The company holds a net cash position of $460 million with zero debt, underscoring its financial stability. Analysts from firms such as Texas Capital have noted the company’s resilience and strategic positioning in the energy sector. Texas Pacific continues to explore opportunities for stock buybacks and the acquisition of high-quality royalty assets.
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