This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Texas Pacific Land Corp. plunged 15.7% to $377.97 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.6% to 6,824.66 and the Dow Jones Industrial Average rising 0.6% to 48,185.80.
This was the stock's second consecutive day of losses.
Texas Pacific Land Corp. closed 30.9% below its 52-week high of $547.20, which the company reached on February 23rd.
The stock underperformed when compared to some of its peers, as EOG Resources Inc. fell 1.8% to $136.58, Devon Energy Corp. fell 0.1% to $47.88, and Occidental Petroleum Corp. fell 2.07% to $58.53.
Trading volume totaled 1.6 million, compared to the 50-day average of 553,958.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
April 09, 2026 16:33 ET (20:33 GMT)
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