Texas Pacific Land Corp. Stock Sheds 7.2%, Underperforms Competitors

Dow Jones2025-03-22

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

Shares of Texas Pacific Land Corp. slid 7.2% to $1,273.15 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.1% to 5,667.56 and the Dow Jones Industrial Average rising 0.1% to 41,985.35.

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

Texas Pacific Land Corp. closed 28.0% below its 52-week high of $1,769.14, which the company achieved on November 25th.

The stock underperformed when compared to some of its competitors, as EOG Resources Inc. rose 0.7% to $125.17, Devon Energy Corp. rose 0.1% to $36.15, and Occidental Petroleum Corp. remained unchanged.

Trading volume totaled 392,941, compared to the 50-day average of 127,512.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

March 21, 2025 16:33 ET (20:33 GMT)

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