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Texas Pacific Land Corp (NYSE:TPL), a company currently trading above its InvestingPro Fair Value with a market capitalization of $25.6 billion, witnessed a series of stock purchases by its director, Murray Stahl, on June 12, 2025. According to a recent SEC filing, Stahl acquired a total of nine shares of common stock, with transaction prices ranging from $1,091.73 to $1,095.95 per share, amounting to a total value of $10,921. The company boasts impressive gross profit margins of 93.5% and has maintained dividend payments for 12 consecutive years.
The purchases were made through various entities associated with Horizon Kinetics, where Stahl holds significant positions. The transactions were part of a Rule 10b5-1 plan adopted in November 2024. Following these acquisitions, Stahl’s direct and indirect holdings in Texas Pacific Land Corp have been updated across different accounts managed by Horizon Kinetics Asset Management LLC. With a strong return on assets of 35.2% and robust financial health metrics, InvestingPro analysis reveals 14 additional key insights about TPL’s investment potential.
These transactions highlight ongoing investment activity by Horizon Kinetics in Texas Pacific Land Corp, reflecting the firm’s continued engagement with the company. The stock has demonstrated strong performance with a 46.4% return over the past year, despite recent market volatility.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, revealing a shortfall in revenue expectations. The company posted earnings per share (EPS) of $5.24, slightly below the forecasted $5.27, while revenue came in at $196 million, missing the anticipated $228 million. Despite the revenue miss, 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 continues to focus on strategic innovations, including desalination projects, which positions it for long-term growth. Analysts have noted the company’s robust financial health, with a net cash position of $460 million and no debt. Texas Pacific is also exploring opportunities for stock buybacks and the acquisition of high-quality royalty assets. The company anticipates significant easement renewal payments starting in 2026, with projected annual renewals of $35 million over the following three years. These developments reflect Texas Pacific’s strategic focus on water management and its strong position in the energy sector.
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