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Murray Stahl, a director at Texas Pacific Land Corp (NYSE:TPL), recently acquired shares of the company, according to a recent SEC filing. On June 6, 2025, Stahl purchased a total of nine shares of Texas Pacific Land common stock. The transaction involved multiple purchases at prices ranging from $1,112.71 to $1,122.14 per share, amounting to a total value of $11,136. The company, currently trading at $1,107.50, demonstrates impressive financial health with a 93.54% gross profit margin and has maintained dividend payments for 12 consecutive years.
These acquisitions were made through various entities associated with Stahl, including Horizon Kinetics Hard Assets and Horizon Kinetics Asset Management LLC. The purchases were executed as part of a Rule 10b5-1 plan adopted in November 2024, indicating that they were pre-planned and not influenced by any material non-public information. According to InvestingPro analysis, TPL currently appears overvalued, with 15+ additional ProTips available for subscribers.
Following these transactions, Stahl holds both direct and indirect ownership in Texas Pacific Land, with a significant number of shares attributed to various funds and partnerships under his influence. However, it’s noted that Stahl does not participate in investment decisions regarding the issuer’s securities, despite his roles as Chairman, CEO, and CIO at Horizon Kinetics Asset Management LLC. The company’s strong financial position is reflected in its current ratio of 7.8, indicating robust liquidity, with more detailed analysis available in the comprehensive Pro Research Report on InvestingPro.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, which revealed a shortfall in revenue expectations. The company posted earnings per share 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 also reported a free cash flow of $127 million, marking an 11% increase from the previous year. Texas Pacific Land Corporation continues to focus on strategic innovations, including desalination projects and water management, indicating potential long-term growth. Additionally, the company holds a net cash position of $460 million with zero debt, highlighting its robust financial health. Analysts from firms such as Texas Capital are paying close attention to the company’s developments, particularly in the water segment and its potential for beneficial reuse. The company remains optimistic about future easement renewal payments, projecting significant financial benefits starting in 2026.
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