Gold prices edge lower; heading for weekly losses ahead of U.S.-Russia talks
Murray Stahl, a director at Texas Pacific Land Corp (NYSE:TPL), recently acquired shares of the company, according to a filing with the Securities and Exchange Commission. On May 12, 2025, Stahl purchased a total of nine shares of common stock in various transactions, with purchase prices ranging from $1,327.36 to $1,368.47 per share. The total value of these acquisitions amounted to $13,643. The company, currently valued at $31.67 billion, has demonstrated impressive financial performance with a 93.54% gross profit margin and a 21.4% year-to-date return.
These transactions were made under a Rule 10b5-1 plan, a pre-established trading plan that allows insiders to set up a schedule for buying or selling stock. The purchases were executed indirectly through various entities associated with Horizon Kinetics, where Stahl holds significant positions, though he does not participate in investment decisions regarding Texas Pacific Land Corp’s securities. According to InvestingPro, the company maintains excellent financial health with a "GREAT" overall score, though current analysis suggests the stock may be trading above its Fair Value.
Stahl’s indirect ownership includes entities like Horizon Kinetics Hard Assets, Horizon Credit Opportunity (SO:FTCE11B) Fund LP, and others, which collectively hold a substantial number of shares in the company. Despite his significant involvement, Stahl disclaims beneficial ownership over the shares except to the extent of his pecuniary interest. For deeper insights into TPL’s valuation and 14 additional key investment tips, explore the comprehensive research available on InvestingPro.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, revealing a slight miss on revenue expectations. The company posted earnings per share (EPS) of $5.24, narrowly missing the forecasted $5.27, while revenue came in at $196 million, falling short of the anticipated $228 million. Despite the revenue shortfall, Texas Pacific maintained a strong adjusted EBITDA margin of 86.4% and achieved a 25% year-over-year growth in oil and gas royalty production. The company remains focused on strategic innovations, including desalination projects, which are expected to bolster long-term success. Analysts from Texas Capital have noted the company’s resilience in the face of fluctuating commodity prices, emphasizing its robust financial health with a net cash position of $460 million and zero debt. Additionally, the company anticipates significant easement renewal payments starting in 2026, which could provide a financial boost. Texas Pacific continues to explore opportunities for stock buybacks and the acquisition of high-quality royalty assets. The company’s strategic focus on water management and innovative solutions positions it well for future growth.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.