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Texas Pacific Land Corp (NYSE:TPL) recently witnessed a series of insider purchases by Murray Stahl, a director of the company, and Horizon Kinetics Asset Management LLC, a significant shareholder. According to a regulatory filing, these transactions took place on May 30, 2025, and involved a total of nine shares of common stock. The shares were acquired at prices ranging from $1,158.17 to $1,186.04, amounting to a total value of $11,832. The timing is notable as the stock has declined 12.45% in the past week, with InvestingPro data showing the stock’s RSI indicating oversold conditions.
The acquisitions were executed under a Rule 10b5-1 plan, which was adopted on November 21, 2024. The shares are held across various entities, including Horizon Kinetics Hard Assets, Horizon Credit Opportunity (SO:FTCE11B) Fund LP, and Polestar (NASDAQ:PSNY) Offshore Fund Ltd, among others. Notably, Murray Stahl does not exercise investment discretion over these securities, despite his roles as Chairman, CEO, and Chief Investment Officer at Horizon Kinetics Asset Management LLC. The company maintains impressive gross profit margins of 93.54% and has shown strong financial health according to InvestingPro analysis, which offers 15+ additional insights and a comprehensive Pro Research Report for TPL.
In other recent news, Texas Pacific Land Corporation reported its first-quarter 2025 earnings, revealing a revenue miss that has caught the attention of investors. The company posted earnings per share of $5.24, slightly below the forecasted $5.27, while its revenue of $196 million fell short of the anticipated $228 million. Despite this shortfall, Texas Pacific maintained a strong adjusted EBITDA margin of 86.4% and reported a free cash flow increase of 11% year-over-year, amounting to $127 million. The company continues to focus on strategic innovations, including desalination projects and water management solutions, which are expected to drive long-term growth.
Texas Pacific’s operational performance remains robust, with a 25% year-over-year growth in oil and gas royalty production, reaching 31,100 barrels of oil equivalent per day. This growth highlights the company’s strong position in the energy sector, particularly within the Delaware Basin. Analysts have not provided any recent upgrades or downgrades for Texas Pacific, but the company’s strategic initiatives and financial health suggest a positive outlook. Looking ahead, Texas Pacific anticipates significant easement renewal payments starting in 2026, with projected annual renewals of $35 million over the following three years. The company is also exploring opportunities for stock buybacks and acquiring high-quality royalty assets.
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