DJ Texas Pacific Land Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Texas Pacific Land Corp. $(TPL)$ slipped 1.10% to $1,355.66 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.61% to 5,844.61 and Dow Jones Industrial Average falling 1.91% to 41,860.44.
This was the stock's third consecutive day of losses.
Texas Pacific Land Corp. closed 23.37% short of its 52-week high of $1,769.14, which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as EOG Resources Inc. $(EOG)$ fell 1.07% to $111.38, Devon Energy Corp. $(DVN)$ fell 2.08% to $31.50, and Occidental Petroleum Corp. $(OXY)$ fell 1.84% to $41.13.
Trading volume (105,849) remained 20,136 below its 50-day average volume of 125,985.
Data source: Dow Jones Market Data, FactSet. Data compiled May 21, 2025.
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May 21, 2025 16:59 ET (20:59 GMT)
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