DJ Texas Pacific Land Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Texas Pacific Land Corp. $(TPL)$ rallied 3.36% to $1,133.12 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
The stock's rise snapped a three-day losing streak.
Texas Pacific Land Corp. closed $636.02 short of its 52-week high ($1,769.14), which the company reached on November 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as EOG Resources Inc. $(EOG)$ rose 0.69% to $119.04, Devon Energy Corp. $(DVN)$ rose 0.82% to $30.77, and Occidental Petroleum Corp. $(OXY)$ rose 3.90% to $47.13.
Trading volume (553,126) eclipsed its 50-day average volume of 243,931.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:08 ET (22:08 GMT)
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