Texas Pacific Land Corp. Stock Rallies 5.4%, Outperforms Peers

Dow Jones04:35

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

Shares of Texas Pacific Land Corp. rallied 5.4% to $381.90 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.6% to 7,673.52 and Dow Jones Industrial Average falling 1.2% to 52,786.07.

The stock's rise snapped a four-day losing streak.

Texas Pacific Land Corp. closed 30.2% short of its 52-week high of $547.20, which the company achieved on February 23rd.

The stock outperformed some of its peers, as EOG Resources Inc. rose 0.1% to $145.36, Devon Energy Corp. rose 0.7% to $48.40, and Occidental Petroleum Corp. rose 1.02% to $60.65.

Trading volume totaled 331,405, compared to the 50-day average of 362,553.

Data source: Dow Jones Market Data, FactSet

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