Added to YB: 2026-04-14
Pitch date: 2026-04-10
TPL [neutral]
Texas Pacific Land Corporation
+1.65%
current return
Author Info
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Company Info
Texas Pacific Land Corporation engages in the land and resource management, and water services and operations businesses.
Market Cap
$28.3B
Pitch Price
$410.00
Price Target
N/A
Dividend
0.59%
EV/EBITDA
42.83
P/E
58.82
EV/Sales
35.25
Sector
Oil, Gas and Consumable Fuels
Category
special_situation
$TPL (Texas Pacific Land Co.): End of an era and opportunity for change
TPL (update): HK founder Murray Stahl passed away 4/7/26; stock fell 15%. HK (14.5% owner) freed from 2023 standstill agreement, can now aggressively push for BoD changes. Co-CEOs Bregman & Doyle named. HK has leverage: proxy access, upcoming nomination windows (Jul/Aug), support from other holders. Risk: potential liquidity spiral from MF redemptions (~$1B TPL in funds). Opportunity for renewed activism & governance reform.
Read full article (9 min)