Texas Pacific Land Corp. Stock Sheds 6.0%, Underperforms Competitors

Dow Jones

Feb 22, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Texas Pacific Land Corp. shed 6.0% to $1,345.56 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.7% to 6,013.13 and Dow Jones Industrial Average falling 1.7% to 43,428.02.

Texas Pacific Land Corp. closed 23.9% short of its 52-week high of $1,769.14, which the company reached on November 25th.

The stock underperformed when compared to some of its competitors, as EOG Resources Inc. fell 1.9% to $133.08, Devon Energy Corp. fell 2.7% to $37.49, and Occidental Petroleum Corp. fell 3.21% to $50.42.

Trading volume totaled 182,341, compared to the 50-day average of 146,302.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 21, 2025 16:34 ET (21:34 GMT)

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