Gold prices tick higher on fresh US tariff threats, Fed rate cut hopes
Texas Pacific Land Corp (NYSE:TPL) recently saw a series of stock purchases by its director, Murray Stahl. According to a recent SEC filing, Stahl acquired a total of nine shares of common stock on May 27, 2025. The shares were purchased at prices ranging from $1,256.83 to $1,294.40, amounting to a total investment of $12,906. The timing is notable as TPL’s stock has declined over 8% in the past week, though InvestingPro data shows the company maintains impressive gross profit margins of 93.5%.
These transactions were carried out under a Rule 10b5-1 plan, which was adopted on November 21, 2024. The shares were acquired through various entities associated with Stahl, including Horizon Kinetics Hard Assets, Horizon Credit Opportunity (SO:FTCE11B) Fund LP, Horizon Common Inc, Polestar (NASDAQ:PSNY) Offshore Fund Ltd, and Horizon Kinetics Asset Management LLC. With a current market capitalization of $28.3 billion, TPL trades at a premium valuation with a P/E ratio of 61.5x.
Murray Stahl, who serves as Chairman, Chief Executive Officer, and Chief Investment Officer of Horizon Kinetics Asset Management LLC, does not participate in investment decisions regarding the securities of Texas Pacific Land Corp. The filing notes that Stahl disclaims beneficial ownership of the shares, except to the extent of his pecuniary interest. According to InvestingPro, TPL maintains strong financial health with a current ratio of 7.8x and has received a "GREAT" overall financial health score. Discover 15 additional exclusive ProTips and comprehensive analysis in TPL’s Pro Research Report.
In other recent news, Texas Pacific Land Corporation (TPL) reported its first-quarter earnings for 2025, showing a slight miss on revenue expectations. The company posted earnings per share (EPS) of $5.24, which narrowly missed the forecasted $5.27. Revenue came in at $196 million, falling short of the anticipated $228 million, representing a 13.9% shortfall. Despite this, TPL maintained a strong adjusted EBITDA margin of 86.4%, with adjusted EBITDA at $169 million. The company also reported a free cash flow of $127 million, marking an 11% increase year-over-year. Analysts have not provided any recent upgrades or downgrades for the company. TPL continues to focus on strategic innovations, including desalination projects, and anticipates significant easement renewal payments starting in 2026. The company’s robust financial health is underscored by its net cash position of $460 million with zero debt.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.