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In a recent transaction reported to the SEC, Murray Stahl, a director of Texas Pacific Land Corp (NYSE:TPL), has made several purchases of the company’s common stock. The transactions, which took place on April 22, 2025, involved the acquisition of a total of 12 shares at prices ranging from $1,276.52 to $1,283.46 per share. The total value of these purchases amounted to $15,339. The stock, currently trading at $1,331.90, has shown impressive strength with a 127% return over the past year. According to InvestingPro analysis, TPL maintains excellent financial health with a "GREAT" overall score.
These acquisitions were made through various entities associated with Stahl, including Horizon Kinetics Hard Assets, Horizon Credit Opportunity (SO:FTCE11B) Fund LP, and Horizon Kinetics Asset Management LLC, among others. The purchases were made under a pre-established Rule 10b5-1 trading plan. InvestingPro data shows TPL commands industry-leading gross profit margins of 93.47%, though current valuation metrics suggest the stock is trading above its Fair Value.
Following these transactions, the number of shares owned by Stahl and his associated entities has increased, reflecting a continued interest and investment in Texas Pacific Land Corp. InvestingPro subscribers can access 14 additional ProTips and a comprehensive Pro Research Report for deeper insights into TPL’s valuation and growth prospects.
In other recent news, Texas Pacific Land Corporation reported impressive financial results for the fourth quarter of 2024, exceeding analysts’ expectations. The company achieved earnings per share of $5.14, surpassing the forecasted $4.84, and generated revenue of $185.78 million, beating the expected $166.81 million. The company also recorded a free cash flow of $461 million for the year, marking an 11% increase from the previous year. Texas Pacific Land Corp maintained a strong financial position with zero debt and $370 million in cash. In addition, the company plans to increase its regular dividend by 37% to $1.60 per share, targeting a $700 million cash balance. The company is exploring mergers and acquisitions in the Permian Basin, focusing on minerals, royalties, water, and surface assets. Analysts from Texas Capital noted the company’s potential synergies in data centers, power generation, and water desalination projects. Despite the positive earnings report, the company’s stock price remained stable in after-hours trading.
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