Texas Pacific Land Corp. Stock Slips 7.0%, Underperforms Competitors

Dow Jones
31 May

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

Shares of Texas Pacific Land Corp. slid 7.0% to $1,114.03 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,911.69 and the Dow Jones Industrial Average rising 0.1% to 42,270.07.

This was the stock's ninth consecutive day of losses.

Texas Pacific Land Corp. closed 37.0% 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 1.2% to $108.57, Devon Energy Corp. fell 2.7% to $30.26, and Occidental Petroleum Corp. fell 1.64% to $40.78.

Trading volume totaled 369,872, compared to the 50-day average of 127,792.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 30, 2025 16:33 ET (20:33 GMT)

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