DJ Texas Pacific Land Corp. Stock Underperforms Friday When Compared To Competitors
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Shares of Texas Pacific Land Corp. $(TPL)$ shed 2.07% to $393.00 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.22% to 7,580.06 and the Dow Jones Industrial Average rising 0.72% to 51,032.46.
This was the stock's second consecutive day of losses.
Texas Pacific Land Corp. closed 28.18% short of its 52-week high of $547.20, which the company reached on February 23rd.
The stock underperformed when compared to some of its competitors Friday, as EOG Resources Inc. $(EOG)$ fell 0.89% to $133.38, Devon Energy Corp. $(DVN)$ rose 0.86% to $44.49, and Occidental Petroleum Corp. $(OXY)$ fell 1.20% to $56.63.
Trading volume (1.3 M) eclipsed its 50-day average volume of 454,554.
Data source: Dow Jones Market Data, FactSet. Data compiled May 29, 2026.
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(END) Dow Jones Newswires
May 29, 2026 16:59 ET (20:59 GMT)
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