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Murray Stahl, a director at Texas Pacific Land Corp (NYSE:TPL), has recently acquired a series of common stock shares in a series of transactions. On June 9, 2025, Stahl purchased a total of seven shares at prices ranging from $1,096.11 to $1,116 each, resulting in a total transaction value of approximately $11,140. The current stock price of $1,105 sits significantly above its 52-week low of $614.56, though notably below its high of $1,769.14.
The purchases were made through various entities, including Horizon Kinetics Asset Management LLC, Horizon Credit Opportunity (SO:FTCE11B) Fund LP, and Polestar (NASDAQ:PSNY) Offshore Fund Ltd, among others. These transactions were executed as part of a pre-established Rule 10b5-1 trading plan, which was adopted on November 21, 2024. According to InvestingPro data, TPL maintains impressive gross profit margins of 93.54% and has consistently paid dividends for 12 consecutive years.
Following these transactions, Stahl’s direct and indirect holdings reflect his ongoing interest in Texas Pacific Land Corp, a company known for its extensive land holdings and mineral rights in Texas. The company maintains a strong financial position with an "GREAT" overall health score and a current ratio of 7.8, indicating robust liquidity. For deeper insights into TPL’s financial metrics and growth potential, investors can access the comprehensive Pro Research Report available on InvestingPro.
In other recent news, Texas Pacific Land Corporation reported its first-quarter earnings for 2025, revealing a revenue shortfall. The company posted earnings per share of $5.24, narrowly missing the forecasted $5.27, while revenue came in at $196 million, significantly below 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.
In terms of strategic initiatives, Texas Pacific is focusing on water management and desalination projects, which are expected to contribute to long-term success. The company remains financially robust, with a net cash position of $460 million and no debt. Looking forward, Texas Pacific plans to enhance its water management capabilities and anticipates significant easement renewal payments starting in 2026. The company is also exploring opportunities for stock buybacks and acquiring high-quality royalty assets.
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